Time to rhyme, or how to know it when you want to be a poet... During lockdown, so many of us rediscovered the restorative power of a damn good poem. But is it an art that’s hard to master? Inaugural ...
The implementation of place of effective management (POEM) rules in the current scenario in India could not only hurt the nation’s outbound investments, but also discourage overseas multinational ...
Place of Effective Management (PoEM) rules for determining the place of effective management of a company, with a view to assess its tax liability, was to come into effect in the current fiscal.
Confirming that India’s so-called POEM regulations — which are meant to ascertain the residential status of companies and use it to curb tax avoidance — will take effect from April 1, the Central ...
New Delhi, Jan 24 (PTI) Targeting shell companies, the government today issued new tax rules requiring foreign firms to pay taxes in India if the effective control of business, management decisions ...
- Place of effective management, in that year, is in India. "The final guidelines on POEM contain some unique features. Active Business Outside India (ABOI) test has been provided so as not to cover ...