Indirect tax briefing: December 2012
Governments around the world are increasingly relying on indirect taxes to boost revenues, reduce budget deficits and fund other tax reforms. See the latest developments.
Tax policy and controversy: quarterly briefing 2012
This edition delves into the worldwide developments, including base erosion and profit shifting, country reform and changes in tax leadership. See the latest developments.
Building a new talent management model
Businesses are on the brink of a talent crisis. Only a major shift in thinking can help tackle the global talent shortfall.
Global Mobility Effectiveness Survey 2012
Our survey reveals a significant divide between global mobility’s desire to be a strategic business partner versus reality. See which steps are essential for success.
Doing business in India 2012-13
This report offers an overview of India's commercial climate and explores entry options for global businesses in India. Get your copy now!
Global M&A tax survey and trends
As tax complexities affecting deals increase, the tax director’s role continues to broaden. Our survey suggests guidelines on delivering value in today’s challenging market.
Tax directors: more connected than ever to business
Click here for Issue 09 of T Magazine, and find out how leading companies are aligning their tax function with their business strategy.
Indirect Tax Briefing, Issue 5 - August 2012
A review of global indirect tax developments and issues covering current trends and country updates from Australia, Brazil, Czech Republic, Hungary, India, Mexico, and Russia.
2012 global transfer pricing tax authority survey
Tax authorities are increasing their transfer pricing staffing and the documentation burden is growing. Learn more about these trends and others in our global survey.

Tax Services

Ernst and Young's Tax Services

Quality, consistency and customization to support your tax function.

Your business will only achieve its true potential, if you build it on strong foundations and grow it in a sustainable way. At Ernst & Young, we believe that managing your tax obligations responsibly and proactively can make a critical difference. Our global teams of talented people bring you technical knowledge, business experience and consistent methodologies, all built on our unwavering commitment to quality service — wherever you are and whatever tax services you need.

Effective compliance and open, transparent reporting are the foundations of a successful tax function. Tax strategies that align with the needs of your business and recognize the potential of change are crucial to sustainable growth. So we create highly networked teams who can advise on planning, compliance and reporting— wherever you operate.

Our 22,000 tax professionals, in over 130 countries, are committed to giving you the quality, consistency and customization you need to support your tax function. In India, our team of over 1,200 people bring you deep technical insight combined with practical, commercial and industry experience to help you manage your direct and indirect tax compliance and reporting obligations effectively. You can access our technical networks across the globe to work with you to reduce inefficiencies, mitigate risk and improve opportunity. It’s how Ernst & Young makes a difference.

Read more to know the services we offer to help you achieve the full potential of your business.

SEZ - Recommendations to CBEC on service tax refund issues.

In response to the industry’s long-standing demand of addressing difficulties faced by SEZ developers and units in seeking service tax refund, the Export Promotion Council (EPCES) organized a meeting for export-oriented units (EOUs) and SEZs on 17 September 2010 in Mumbai.

J. M. Kennedy, Director (TRU), was specially invited to solicit feedback from SEZ developers and units regarding the issues faced in the refund of service tax.

The CBEC representatives from SEZ developers, SEZ units, the Development Commissioner’s Office and field officers of CBEC dealing with refunds for SEZ developers/units attended this forum.

Ernst & Young, based on its experience and interactions with the industry representatives has compiled a report listing down the issues faced by the industry and suggested recommendations on the prevailing issues for the government’s consideration.
We are pleased to share our report on SEZ - Recommendations to CBEC on service tax refund issues.

Recommendations to Draft Point of Taxation (for Services Provided or Received in India) Rules, 2010

The Government of India had published a draft of the Point of Taxation (PoT) Rules, 2010 (for Services Provided or Received in India), to introduce the concept of time of supply for payment of service tax. The objective of the Rules is to shift the payment of service tax from a receipt or cash basis to an accrual or invoice basis.

2011-12 Tax risk and controversy survey

Converging trends have created the riskiest environment for tax controversy the world has experienced in years. How will these global trends develop and how will business leaders respond? Our 2011-12 Tax risk and controversy survey examines these risks and how to approach and manage them for your organization.

The Board has displayed an encouraging and inclusive approach by inviting feedback from the stakeholders, which will ensure that the rules bring greater clarity, transparency and stability in the levy and collection of tax on services while introducing key legislative changes through the Draft Point of Taxation Rules, 2010.

Ernst & Young's Tax Policy & Litigation Group conducted a research exercise to develop a constructive point of view on the overall design and scheme of the rules. The research included an on-line survey of stakeholders, internal interviews with our teams on experience of the challenges faced by their clients, and a study of best practices across international GST/ VAT legislation's (specifically in Australia, New Zealand, United Kingdom, Canada and Singapore). The Group then identified concerns and submitted its recommendations on the Draft Rules to the Union Government.

We are please to share with you the complete research report on the draft Point of Taxation Rules

Regulation and hurdles

Removing regulatory hurdles is not always a case of passing a bill or modifying an Act. The need, is to speed up every aspect of the consultation process and resolve, gaps and differences at a faster pace.

Contact us

Sudhir Kapadia
Partner & National Director,
Tax and regulatory services
Tel: +91 (22) 6192 0000
Email: Sudhir.Kapadia@in.ey.com

Doing business in India 2012-13

This report offers an overview of India's commercial climate and explores entry options for global businesses in India. Get your copy now!

Tax alerts: the Vodafone case

One of India's biggest tax controversies, the Supreme Court's verdict on the Hutch-Vodafone case is expected soon. Get all updates related to this.

Important Links

Working in India

We bring together a fact sheet, especially designed to help expatriates understand India’s tax and applicable regulatory provisions.

Subscribe to our publications

Subscribe to our thought leadership publications, newsletters and reports for information and insight on industry trends.