You might be aware that the annual Indian Budget has been released by the Indian Finance Minister on February 1, 2018. There are certain changes proposed in the Finance Bill which has impact on taxation of non-residents and foreign companies in India. e.g. foreign companies with significant economic presence in India have been brought into the tax net which will mainly impact companies with only digital presence, the scope of dependent agent PE has been widened, long term capital gains tax has been imposed on equity shares which may also impact foreign investors, etc.
Through our member firm in Ahmedabad, India, K.C. Mehta & Co. BKR International has put together a Webcast for the benefit of fellow BKR member firms in Asia Pacific, Europe and US. If you believe that these changes may impact your clients and you would wish for them to join the webinar, please feel free to forward the link to your clients as well.
There will be two webcasts: one for the benefit of Europe / America and one for the benefit of Asia Pacific / Western US.
The speaker for both the sessions shall be Mr. Milin Mehta who is a Senior Partner at K. C. Mehta & Co and has led the firm for more than 25 years. His profile has been attached to this email.
Following are the details:
February 15, 2018 – 0830 hours IST – for Asia Pacific / Western US
(Bangkok – 1000 hours, Singapore / Beijing / Taipei / KL / Manila / Tokyo – 1100 hours, Sydney 1400 hours, Los Angeles 14th February 1900 hours)
February 15, 2018 – 1830 hours IST – For Europe / US
(Chicago 0700 hours, New York 0800 hours, Berlin 1400 hours, Dubai 1700 hours)
Looking forward to your participation.