For businesses, tax uncertainty can be a cost in itself.

In a new opinion piece for Fortune India, DAKSH’s Surya Prakash B S, Anuja Maniar Shah and Almitra Rego examine India’s advance ruling mechanism and ask whether India can provide businesses, particularly non-resident investors, with tax certainty before commercial decisions become irreversible.

The article looks at the evolution from the Authority for Advance Rulings (AAR) to the Board for Advance Rulings (BAR), and what this shift means for institutional independence, speed and finality.
The link to this article – https://www.fortuneindia.com/opinion/indias-next-investment-reform-should-be-tax-certainty/159655

The views expressed in this article are solely those of the author’s, and they do not represent the views of DAKSH