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Extending the GIFT City/IFSC tax holiday to 20 years is a standout, with post-holiday period tax rate at a concessional 15%, which is clearly a long-horizon commitment that should accelerate banking...

On December 23, 2015, the Indian tax authorities released draft guidance for determining the 'place of effective management' ("POEM") of a company.

The Union Budget 2020 has been duly positioned as a game-changer for the country's economy. The finance ministry has a mammoth task of improving GDP, resurrecting the affected sectors, and reviving a debilitating economy overall.

Taxation Environment in a Country has also been and always remains a matter of concern for foreign investors. A foreign investor always looks for certainty and favorable taxation environment.

In this case, the assessee, engaged in the business of wet-leasing of aircrafts, had acquired four old Boeing aircrafts from a non-resident company outside India.

Teaching services provided by a United States' non - profit body in India does not constitute FIS by virtue of Article 12(5)(C) of the India- US DTAA.

India's global capability centres have evolved from cost-cutting operations into strategic hubs for technology, research, and analytics. Foreign investors establishing GCCs must navigate a complex intersection of company law, foreign exchange regulations, tax compliance, labour requirements, intellectual property protection, and data privacy obligations. Understanding how these legal frameworks interact is essential for building sustainable operations and avoiding costly regulatory missteps.

The tax challenges of digitalisation of economy have been the cornerstone of debate at the Organisation for Economic Co-operation and Development ("OECD") level since 2015.

The Supreme Court's ruling in Sanand Properties v. JCIT fundamentally redefines the boundaries between reassessment and revision, establishing that disclosure of documents alone is insufficient—tax authorities...

Offering FREE GIFTS is the craze of the present day sales managers. This is one of the most successful methods used by aggressive traders to induce customers to buy their products. As this method of sales has been successfully followed since the days of the General Sales Tax Act, the traders failed to analyse the tax impact on this method in the light of implementation of Value Added Tax Act.

Taxpayer, an Indian tax resident, is engaged in the business of providing education and training for various preparatory examinations held by educational institutions such as Indian Institute of Management, Indian Institute of Technology etc.

India's Carbon Credit Trading Scheme faces a critical gap as the first compliance year approaches in April 2026. While the Energy Conservation Act established the carbon market framework and the Income Tax Act was completely revamped in 2025, the legislature failed to connect these two pieces of legislation, leaving carbon credit certificate transactions in a tax limbo that threatens to undermine the country's ambitious net-zero 2070 goals.

Exempts Crude Petroleum oils and oils obtained from bituminous minerals, when imported into India from Brunei Darussalam, from custom duties subject to satisfaction of condition of origin of these goods.

The decision of the Bombay High Court is also in consonance with the intent and purpose of the EPCG scheme which is to accelerate exports from India.

Growth: The Economic Survey 2024-25 projected a real GDP growth for FY26 between 6.3% to 6.8%.

Overseas E-Commerce Companies ("OECs") such as Facebook, Google and Amazon generate substantial revenues from Indian online advertisers through digital advertising.