This internationally focused handbook provides va... more

This internationally focused handbook provides valuable insight into the trends and developments of tax administrations. The book provides a complete, systematic overview of modern tax administration. The book includes chapters on taxation; core business of a tax administration; developments in society; organizational structures; risk management, primary processes of tax administration, staff and support processes; planning and control; performance management; and change management. In this edition a new chapter is included on the design and implementation of a diagnostic tool for tax administrations. It is an international handbook in the sense that it aims to provide insight into the administration of taxes based on the experiences in various countries, by identifying examples of good practices of effective and efficient tax administration. The handbook does not, however, aim to provide a blueprint for tax administrations, as legal, institutional, economic, social and cultural differences between countries prevent such an exercise. The book is a valuable reference tool for tax policymakers, tax administrators and tax students, as well as for those interested in trends and developments in the structure and management of large public organizations... less

Transfer is an ordinary and usual incident of ser... more

Transfer is an ordinary and usual incident of service. Transfers are the part and parcel of employment. The right of the employer to appoint carry with it the right to post the employee anywhere else, unless the contract of service or the governing rules rule out such a right. This book is concise and practical, but long enough to provide all information pertaining to transfer of an employee. In this revised edition the basic object of the book is retained and case law have been updated as far as possible incorporating recent decisions of the Supreme Court and High Courts to help the readers understand their legal implications as well as applicability. The prime purpose of this revised edition has been to broaden the clarifications, ratios of decided cases and to retain, to the fullest extent, the direct and simple approach of the authors with its emphasis on short words and brief sentences that has been so phenomenally useful in understanding the ratio of judgments. The book will prove to be indispensable compendium not only to the members of the legal profession but also for all those who are concerned with managing people at work more particularly industrialists, factory owners, corporate bodies, students and all others who are interested in the subject of this book.... less

GAAR is a deep-rooted approach to identify and ta... more

GAAR is a deep-rooted approach to identify and target structures adopted by taxpayers that skirt the lines of tax avoidance and focuses on substance over form. GAAR was first prescribed in the Finance Act 2012 and has now been implemented in the financial year 2017-18, thus giving time to taxpayers and regulators alike to come to terms with this radical change. All eyes look ahead as GAAR arrives at a time when a unified anti-abuse measure is required to target tax avoidance situations. It is one of the most pervasive tax concept that identifies the grey place between black and white in the form of tainted abuse tests and parameters. To grasp the important concepts revolving around GAAR and delve into the niceties of tax avoidance, this book explains the entire landscape of GAAR at one place. The implications and implementation of GAAR are unprecedented with a room for subjective and practical interpretations of various business cases. Therefore, this book provides a simplistic perspective on the current situation of the complex tax era that reaches the tax directors, CFOs, regulators, professionals, and researchers of taxation.... less

In today's complex business world with ever-growi... more

In today's complex business world with ever-growing challenges like Board room failures, questionable banking practices, conflict of interest with auditors, insider trading etc, the need for an overarching model of strong and robust Corporate Governance and stringent controls has become the order of the day. Since the advent of Cadbury Committee report under the leadership of Sir Adrian Cadbury in the United Kingdom in the Nineties and implementation of Sarbanes Oxley Act in the US, the incidence of Corporate Governance has come a long way in the global arena of Corporate culture. Similar wave has touched the Indian shores as well in the form of complete restructuring of the Companies Act 2013, incorporation of converged International Financial Reporting Standards (IFRS) in the form of Ind AS and various guidelines issued by the Securities and Exchange Board of India from time to time on disclosures, insider trading and Acquisition and takeovers. This work professes to assimilate all these initiatives in global and Indian context and provide the reader a single window for quick understanding of the ramifications of these guidelines in a structured and user friendly manner.... less

The previous editions of the book were top seller... more

The previous editions of the book were top sellers and were very well received by the aspirants of Limited Insolvency Examination and Insolvency Professionals. This edition is a thoroughly revised one with finer and sharper case analysis. This book is a guide for quick understanding of the Case Laws under the Insolvency and Bankruptcy Code, 2016 for the Limited Insolvency Examination effective from 1st November, 2018. The book provides case analysis of 37 cases in a simplified manner followed by summary of cases in a tabular format for easy memory and better recall. The revisionary exercises will help the aspirants for remembering the case laws with reference to the issues and the decisions therein. The book contains Multiple Choice Questions based on the case analysis specially designed for preparing for the Limited Insolvency Examination. The book also contains 10 practice exams at the end to reinforce your knowledge and help you crack the examination. Based on the feedback received from the aspirants, the book also contains tabular presentation of section wise reference of cases and vice versa.... less

The concept of businesses giving back to society ... more

The concept of businesses giving back to society is as old as commerce, variously known as charity, philanthropy, social work, etc. With the advent of modern businesses, this giving back is more systematised and is variously known as CSR, sustainability, corporate citizenship or shared value. Still, CSR is often unstructured, ambiguous and nebulous, in part because it deals with subjects that often defy precision and standardisation. Being an evolving discipline, CSR lacks a universally agreed theory to address issues of organisation, structure, strategy, culture, frameworks, etc. that are standard for other corporate disciplines. The Companies Act, 2013 has added to the complexity by 'mandating' corporate spends on CSR, directing where such money is to be spent and requiring Board and senior management attention. For too long CSR in India had been left to non-directional, haphazard do-gooding; 'Governance' the process through which decisions are taken of CSR through the law is expected to inject greater professionalism in the full range of CSR operations. This book is a contribution to the effort to reduce some of the nebulousness that characterises CSR and bridge the gap in systemic formality between CSR and other disciplines. It is expected to be a reference book for corporates, a handbook for practitioners including NGOs and implementing partners and a resource book for academicians. The book draws on international and national best practices, academic theories and examples from ground-level work. It is designed as a go-to publication for all facets of sustainability, both operations and governance, to improve accountability and transparency of all constituents of CSR.... less

Tax policy has always been a predominant element ... more

Tax policy has always been a predominant element of national economic policies and a decisive tool in directing the actions of governments in the economic field. In the past decade, however, as an increasingly globalized economy has presented challenges, tax policy has gained new importance because of its global dimension. The aim of this book is to provide a comprehensive overview of the tax policy trends that can be seen in various countries since the turn of the century. Thirty-three national reports from countries across the globe have been compiled in this volume. The reports, which were prepared for the conference Trends and Players in Tax Policy that took place in Rust (Austria) from 4-6 July 2013, focus on how different countries pursue their tax policy goals in the global economy and try to secure competitiveness and, at the same time, protect the national tax base. Much attention is given to the main factors influencing the formulation of tax policies and tax legislation as well as to the changes in the relationship between tax administrations and taxpayers. In addition to the national aspects, the book also outlines global trends and best practices through which it hopes to set the path to building up a globally consistent exercise of tax sovereignty. The general report extensively discusses issues connected with the Base Erosion and Profit Shifting (BEPS) project, taking into account national reports and other information on additional countries. The book is of relevance to tax policymakers, tax practitioners, academics and students doing research on tax law, and all those who have an interest in the most current issues in the field of tax policy.... less

In India, the Companies are managed by the direct... more

In India, the Companies are managed by the directors who are collectively called as "the Board of Directors". The concept of Corporate Governance has brought drastic changes in the composition of Board of Directors, which has introduced few new categories of directors such as Independent Directors, Woman Directors, Resident Directors etc.This book covers a detailed discussion on duties of directors to aid the readers in understanding the nitty-gritties of all the relevant provisions of the Companies Act, 2013, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Secretarial Standards in a simple and easy to refer format. The intention is to provide an idea about the provisions and responsibilities of the persons who are working in the capacity of directors as well as who are proposed to get appointed as such. It is divided into various chapters providing an exhaustive write up on various provisions relating to directors starting from the eligibility of a person to get appointed as a director in the company till the liabilities of a person as a director under the liquidation and winding up of a company.The book also provides the necessary assistance to the persons who are helping the directors in execution of their functions and gives a practical perspective on the provisions relating to acquisition of Director Identification Number (DIN)/Digital Signature Certificate (DSC), eligibility, kinds of directors, committees of directors, meetings of directors, remuneration etc. It also covers the provisions and treatment of various transactions in relation to directors such as accepting of loans, granting loans to directors, related party transactions in between the company and the directors, various documents, including Board's Report & registers to be signed by the directors etc.... less

In the present time the Banking Sector is under s... more

In the present time the Banking Sector is under severe turmoil, as NPAs are mounting day by day; while there are numerous consultants & professionals working with the companies to deal with stress, there is hardly any intellectual & technical backing given by such experts to Bankers, Analysts, Auditors & Investors. This book helps understand the core basis of such ever evolving & creative techniques used by Corporates to project a Rosy picture in an attempt to hide the true facts & figures of an entity. This book is a master guide of sorts, decoding the various tricks in the hats whereby the creative accounting practices are exposed & explained, thereby helping Bankers, Forensic Auditors, Analysts & Investors in bringing out the true state of affair of an entity, in a simplified step-by-step approach covering each aspect of the financial statements in detail with case studies & examples of how an entity moves from one financial statement to another, thereby empowering the reader with the knowledge to analyse not only the financials at hand but also training them to be a financial master, permanently. Through these case studies & the step-by-step guide the author has explained what aspects are thrown in the face of the reader while sneakily masking the real data behind numbers. The ideology is to move from firefighting & post-mortem exercise to a preventive exercise, as the old proverb says 'A stitch in time, saves nine!', thus enabling a system of detecting Early Warning Signals rather than realising when its too late. There are 5 keys, covering aspects of Balance Sheet, Profit & Loss Accounts, Significant Accounting Policies + Notes to Accounts + Significant Accounting Policies, Auditors Reports & Cash Flow Statements, thereby explaining in detail with multiple examples in a step-by-step manner each critical items with its evaluation criteria. This book, can & will help all Bankers, Forensic Auditors, Analysts and likes to detect Early Warning Signals & Red Flags in such entities, which would in turn be sufficient to safeguard the lenders / investors in time.... less

Mulla The Transfer of Property Act is a section-w... more

Mulla The Transfer of Property Act is a section-wise commentary on the Transfer of Property Act, 1882. An 85-year-old title, it still retains its original style and authenticity while making revisions in the substantive content, and also additions and deletions wherever required. It is part of the prestigious LexisNexis Mulla set. It also contains appendices that include select allied legislations such as The Registration and other Related Laws (Amendment) Act, 2001; and The Transfer of Property (Amendment) Act, 2002. Key features:- *Mulla The Transfer of Property Act is a Section-wise Commentary on the Transfer of Property Act, 1882. It explains complex legal concepts with clarity and coherence. *It also contains appendices that include select allied legislations such as The Registration and other Related Laws (Amendment) Act, 2001 and The Transfer of Property (Amendment) Act, 2002. *One of the USPs of this book is a detailed glossary of non-English terms with case law references providing a holistic view on the subject to its readers. *This book has been relied on and referenced repeatedly since its inception and has been cited by various High Courts across India. *It examines relevant case law from various Courts in India as well as other jurisdictions, primarily the commonwealth countries. *The new edition has been meticulously updated and incorporates all significant judicial developments since its last edition in 2015. *The book is a must have for practicing civil lawyers, judges and law firms dealing with property law/ real estate matters; legal advisors, standing counsel for banks, real estate developers/builders; libraries of law colleges, research institutions, court libraries, judicial academies at state and central levels as well as law students.... less