Articles and Updates

• Phoenix Legal - 09-05-2017

The debatable principle of tax righteousness is not new, this contentious concept has always been a topic of some persuasive deliberations in the past, when it comes to the principles of tax management, tax planning or an art of paying less taxes. Whether, morality becomes relevant when someone takes some positive action to avoid paying tax, but is it a moral obligation not to try to reduce or avoid paying taxes within the legal framework; this seems a challenging thought.

• Phoenix Legal - 09-05-2017

In a business environment that is continuously evolving, existing tax rules are facing challenges. More often than not they are criticized for setting out provisions that seems to be detached from economic reality. Tax Policy, at the moment is a subject that concerns business as well as general public at large.

• Phoenix Legal - 09-05-2017

Various international organizations and multilateral agencies have given their respective description to the term 'Money Laundering'. The essence is same but on a comparative reading there are some variations. The global police watchdog "INTERPOL" (International Police) defines it as "any act or attempted act to conceal or disguise the identity of illegally obtained proceeds so that they appear to have originated from legitimate sources"1;

• Phoenix Legal - 05-05-2017

In this present period of technological advancement, where the world economies are interdependent and resources can be exchanged between the sovereign borders seamlessly, combatting the global phenomenon of money laundering is most urgent than ever.

• Manjula Chawla and Ritika Ganju and Tushar Thimmiah - 05-05-2017

India is the second largest cement producing country after China. The big players of the industry have been under the scanner of the Competition Commission of India (CCI) and were heavily penalized in 2012 for colluding to engage in anti-competitive activities.