News & Media 22nd Nov 2023
With over 20,000 notices issued by the goods & and services tax (GST) department since 2022, India Inc is now going back to the drawing board to account for tax liabilities before inking deals and finalising other business transactions. Several mergers and acquisitions (M&As) are understood to have been delayed or put on the back burner as tax experts assist companies in figuring out the impact of GST on proposed deals.
In the latest article Several mergers and acquisitions on halt as India Inc checks tax liabilities amid increasing GST notices co-authored by Kala Vijayraghavan & Rashmi Rajput, from The Economic Times the authors discuss the impact of these notices, with the inputs from our Partner Gopal Krishna Mundhra.