India’s markets regulator has increased the annual ceiling for maturing International Securities Identification Numbers (ISINs) for private debt placements from 14 to 17, aiming to enhance flexibility for issuers and ease liquidity pressures. India’s markets regulator has widened the room…
The Reserve Bank of India has reassured freelancers, content creators, and small-scale service providers that their personal foreign exchange transactions are exempt from the recent reporting regulations, with a forthcoming FAQ set to clarify permissible activities and ease compliance worries.…
India’s GST council prepares to implement a new phase of reforms focused on enhancing compliance, boosting automation, and reducing the burden on legitimate businesses as it approaches a decade of the tax regime. India’s Goods and Services Tax Council is…
A year after India’s GST removal on insurance, consumers are yet to see consistent premium reductions, highlighting challenges in passing on tax benefits amidst rising medical costs and industry dynamics. A year after India’s goods and services tax overhaul on…
Starting October 2026, Indian freelancers, consultants, and online creators earning from foreign clients must adhere to enhanced compliance rules requiring detailed records of their work and payments, signalling a significant shift in export declaration obligations under the new RBI framework.…
India’s Unified Payments Interface (UPI) processes billions of transactions annually, but its ownership and revenue models remain misunderstood. With new merchant fee regulations coming into force, experts emphasise that UPI remains a public infrastructure rather than a profit-driven enterprise. India’s…
The GST Council in India is debating a significant overhaul aimed at reducing refund processing times to 17 days and automating registration, marking a shift towards a more trust-based compliance model and easing burdens for small businesses. India’s Goods and…
Employees changing jobs must verify their EPFO records, including UAN, KYC, and service history, to ensure pension rights are protected and avoid tax issues, with online transfer options making the process smoother. If you have changed jobs, or are in…
The Delhi Income Tax Appellate Tribunal’s ruling on Paul Wurth Italia signals a shift towards a more restrictive application of the force of attraction principle, emphasising the need for a demonstrable nexus in taxing offshore profits linked to Indian permanent…
The Centre is set to pilot a faceless assessment system for businesses under the Central Goods and Services Tax regime, aiming to reduce compliance burdens and enhance efficiency across multiple jurisdictions. The Centre is preparing to extend faceless assessment to…
Tax experts clarify that in India, only the spouse who makes actual EMI payments can claim tax benefits on a joint home loan, highlighting the importance of clear documentation and payment trails for couples sharing property. When a salaried couple…
India’s Nasscom has called on the finance ministry to reform GST regulations for cross-border transactions, aiming to reduce tax burdens on export-oriented technology companies and align rules with modern delivery models. Nasscom has asked India’s finance ministry to overhaul the…
