By Tax, Tariff & Regulatory Affairs Committee

While the labour law reforms have significantly strengthened employee social security by broadening the wage base for computation of gratuity, the corresponding provisions under the Income-tax Act, 2025 have not yet been fully aligned with the revised statutory framework. This has resulted in unintended tax consequences for employees, increased compliance challenges for employers, and avoidable […]

AMCHAM submitted a request for consideration to Chairman CBIC, GST Council, GST Policy Wing, CBIC and SEZ Division, Ministry of Commerce on select GST and regulatory issues affecting SEZ units. The request highlighted in detail, the following issues : Endorsement requirements for procurement of services by SEZ units, which in practice has evolved into a

Pre Budget Recommendations for Union Budget 2026-27, compiled from suggestions received from members have been submitted to the Ministry of Finance. The recommendations have been prepared for Direct Taxes. AMCHAM-Direct Tax Pre Budget Memorandum 26-27

Pre Budget Recommendations for Union Budget 2026-27, compiled from suggestions received from members have been submitted to the Ministry of Finance.The recommendations have been prepared for Indirect Taxes. AMCHAM-Indirect Tax Pre Budget Memorandum 26-27

AMCHAM’s Medical Device Committee made a representation on consideration to exempt medical devices as listed under Schedule I of S.O. 360 (E) to Ms. Leena Nandan, Secretary, Ministry of Environment, Forest and Climate Change on August 1st, 2022. The representation…

Pre-budget Recommendations 2023-24 – (Customs) presented to Ministry of Finance, Government of India on November 4th, 2022

The Tax, Tariff and Regulatory Affairs Committee at AMCHAM made a representation to the Chairman of the Central Board of Indirect Taxes and Customs (CBIC) on 19th July 2022, seeking clarification on Cross Charge vis-à-vis Input Service Distributor (‘ISD’). In the…

The Tax, Tariff and Regulatory Affairs Committee at AMCHAM made a representation to the Chairman of the Central Board of Direct Taxes (CBDT) on 13th July 2022, seeking clarification on complying with provisions of Section 194Q and 206C(1H) of the Income tax Act, 1961…

The Tax, Tariff and Regulatory Affairs Committee at AMCHAM made a representation to the Chairman of Central Board of Indirect Taxes and Customs (CBIC) on 8th Sept. 2021, with a request to preserve the ongoing exemption of Goods and Service Tax (GST) for international air and ocean freight services. government’s continued emphasis on promoting exports.

The Tax, Tariff and Regulatory Affairs Committee at AMCHAM made a representation to the Chairman of Central Board of Indirect Taxes and Customs (CBIC) on 26th Aug. 2021, with a request for clarification on export position for IT/ ITeS sector. The clarifications were sought on entities being regarded as “merely establishments of a distinct entity”