On 1 April 2022, the thresholds to identify companies with a “significant economic presence” (SEP) in India enter into force and the India Finance Act is fully implemented. In particular, companies with a revenue of over INR 20 million ($267000) ste…
SourceOn 3 May 2021, the Indian Ministry of Finance issued a notification detailing the thresholds to identify companies having a “significant economic presence” (SEP) in India. The notification prescribes that companies with a revenue of over INR 20 mill…
SourceThe India Finance Act 2018 enters into force with the assent of the President of India. The Act will be fully implemented when the government will establish the thresholds characterizing the SEP. The Act prescribes that companies with a "significant…
SourceThe India Finance Act 2018 is adopted by the Indian Parliament on 14 March 2018. The Act prescribes that companies with a "significant economic position" (SEP) have a "business connection" in India, and therefore the income resulting from the SEP in…
SourceThe India Finance Act 2018 is introduced in the Indian Parliament on 1 February 2018. The Act prescribes that companies with a "significant economic position" (SEP) have a "business connection" in India, and therefore the income resulting from the S…
Source