IN 1978, the Chinese GDP was $293.6 bn in comparison to India's $293.2 bn and USA's $2351 bn (macro-trends). Once China opened up its economy in the same year and started the reform process, it became the most quoted economic success story of the globe. Over the years, more than half the population would be

ON September 15, 2023, the Supreme Court of India - 2023-TII-10-SC-INTL has pronounced its first judgement on the issue of 'tax sparing' credit in the context of giving foreign tax credit by India. Before going into the facts of the case and the legal issues involved, it will be appropriate