TaxPod: October 2021

• OECD releases statement highlighting further developments on the two-pillar solution.
• SEBI approves amendment in regulatory provisions related to Related Party Transactions.
• Government notifies rules for implementing withdrawal of indirect transfer provisions from 1 October 2021.

The Indian tax and regulatory space is changing at an unprecedented rate. We are witnessing policy announcements, legislative changes, judicial precedents, and clarifications almost daily. This has made it challenging for corporate professionals to stay abreast of relevant developments. The aim of the TaxPod series is to keep you updated with key tax and regulatory developments of the past month in around 5 minutes. Please do provide your feedback to us about this edition of the TaxPod at nto@in.gt.com.