Ravi S. Raghavan
Partner, Tax and Private Client Group
Ravi S. Raghavan has more than 25 years of experience in corporate tax advisory work, business re-organizations, international taxation (investment and fund structuring, repatriation strategies, treaty analysis, advance rulings, exchange control regulations, FPI taxation), tax litigation services and other tax issues (including withholding taxes, capital gains tax, permanent establishment concerns, employee taxation, and tax holiday schemes).
Rankings & Credentials
- Investment Structuring and Repatriation Strategy
- Corporate Tax Advisory and Litigation
- Fund Formation
- Financial Services and Insurance
- Technology
- Pharmaceuticals and Life-Sciences
- B. Sc. (Chemistry), Guru Nanak Khalsa College, University of Mumbai
- LL. B., D. G. Ruparel College of Arts, Science and Commerce, University of Mumbai
- LL. M., D. G. Ruparel College of Arts, Science and Commerce, University of Mumbai
- Master of Management Studies, University of Mumbai
- India
- Bar Council of Maharashtra and Goa
- Friends of IBFD – International Tax Group
- International Tax Planning Professionals Group
Recent Transactions
- Advised Nippon Soda Co., Limited on complex Indian tax and structuring issues in relation to the launch of a business platform in India.
- Advised Grab, Inc., Singapore, on the tax aspects of establishing a limited liability partnership in India.
- Advised Builder Homesite, Inc. on tax structuring, intermediate holding company structures and transfer pricing issues in relation to acquisition of Indian entities.
- Advised Lumiata, Inc. on Indian transfer pricing and permanent establishment issues in relation to its Indian subsidiary.
- Advised Baidu (Hong Kong) Limited on tax issues in relation to the establishment of a subsidiary in India.
- Advised NantHealth Inc. on tax issues in relation to the sale of its Indian subsidiary to Allscripts Healthcare Solutions, Inc.
Articles
India’s Budget 2023-24: Key highlights and analyses
Download .pdf Introduction India’s Union Budget (the “Budget”) was announced on February 1, 2023, and the Finance Bill, 2023 (the “Finance Bill”) was tabled in Parliament. The Finance Bill will be discussed in Parliament before its enactment, and therefore, it...
Chennai Tribunal rules on permanent establishment
Download .pdf In the recent Redington Distribution Pte. Ltd case, the Chennai Bench of the Income-tax Appellate Tribunal (the “Chennai Tribunal) held that a subsidiary company based in Singapore (the “Singapore Subsidiary”) of an Indian holding company (“Indian...
Delhi Tribunal rules on pre-amended Mauritius DTAA
Download .pdf In the recent MIH India (Mauritius) Limited case, the Delhi Bench of the Income-tax Appellate Tribunal (the “Delhi Tribunal”) held that the income earned by way of capital gains by a Mauritius tax resident on the sale of shares of an Indian company is...
The Jaipur Appellate Tribunal rules on India’s Equalisation Levy
Download .pdf In a recent ruling, the Jaipur bench of the Income Tax Appellate Tribunal (the “Tribunal”) has upheld that there will be no Equalisation Levy on Google advertisement payments made by an Indian tax resident if the advertisers and the target audience are...
Delhi High Court rules on non-applicability of higher withholding tax rate
In the Air India Limited case, the Delhi High Court has, once again, reiterated that for payments made by an Indian tax resident to a non-resident, the Indian payor will be correct in applying the withholding tax rate prescribed under the double taxation avoidance...
New “Work From Home” rules in Special Economic Zones may lead to tax holiday disallowance
Download .pdf Recognizing the prevalence of flexible hybrid working models and taking into account industry demands, the Ministry of Commerce and Industry, Government of India, has introduced a new Rule 43A – “Work from Home” in the Special Economic Zones Rules, 2006...