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In The Media

- 06, Oct 2020

RBI’s resolution framework: Is it panacea or pain?

By Divakar Vijayasarathy A shrinking GDP, ending moratorium and a spreading pandemic—a perfect recipe for large-scale chaos especially in a country already struggling with a falling growth rate and burgeoning public debt. Amidst this setting, there was a need for...

- 05, Oct 2020

GST Council Meet LIVE: Nirmala Sitharaman may address states’ compensation cess today

No consensus is expected and the opposition would push the council to frame dispute resolution mechanisms under the council framework and the matter be taken up under the same. An overall heated debate is expected considering the fact that all...

- 04, Oct 2020

Government considers fiscal deficit range instead of a fixed number from next fiscal year

Divakar Vijayasarathy, founder and managing partner at consulting firm DVS Advisors LLP,said: “The current situation is an unanticipated one... In this back drop, expecting to stick to the FRBM target would be unfair and any attempts to stick to it...

- 02, Oct 2020

CBIC to review performance of lawyers on monthly basis

Impact on assessments Commenting on the development, Divakar Vijayasarathy, Founder and Managing Partner – DVS Advisors LLP, said it is a given fact that corporate assesssees are represented by high profile counsels and in certain critical cases, the revenue’s contention...

- 26, Sep 2020

Vodafone wins international arbitration against India in $2 billion tax dispute case

“The verdict is definitely a blow for the aggressive position taken by revenue,” said Divakar Vijayasarathy, managing partner at DVS Advisors. “We hope that in future regulators would be cognisant of their international obligations before taking a unilateral position to...

- 25, Sep 2020

Chinese imports 29% down, but up in key sectors

Divakar Vijayasarathy, founder and managing partner at consulting firm DVS Advisors LLP, said a 100% boycott of Chinese products or import substitution was not immediately possible in a scenario where the trade deficit is highly skewed in favour of China.

- 24, Sep 2020

Taxation Bill passed to provide relief to taxpayers. Key changes to know

"Capping surcharge was required after the abolition of DDT in the Finance Act, 2020 and there was an ambiguity while computing advance tax on the extent of surcharge payable by FPIs. This amendment is to augur the promotion of investment...

- 21, Sep 2020

Private Trusts – Seamless Succession for Securing Family Legacy

Private Trusts have always been considered as one of the efficient ways to plan and accumulate common family wealth. They have been, for decades now, used as an effective vehicle for inter-generational transition of wealth without affecting the core assets,...

- 21, Sep 2020

I bought a flat in February and want to sell it in October 2020. What will be the tax implication?

Divakar Vijayasarathy Founder and Managing Partner, DVS Advisors LLP replies: The capital gains on sale of land and building would accrue in the hands of the person whose name is registered in the property tax records. The ready reckoner rate...

- 20, Sep 2020

TDS relief expected for MSMEs transacting through e-commerce platforms

Divakar Vijayasarathy, founder and managing partner of consulting firm DVS Advisors LLP said the Rs 5 lakh limit is very low even for micro entities.

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