CBDT Notifies India–sri Lanka DTAA Protocol Introducing Principal Purpose Test
India adds a Principal Purpose Test to the Sri Lanka tax treaty to curb evasion, effective for income…
India Raises Concerns with US Over Fixed 4-Year Visa Rule Starting September 2026
The U.S. will replace 'duration of status' with fixed 4-year visa limits starting September 15, 2026, prompting India…
New Zealand Now Requires Police Certificates Upfront for Long-Stay Visa Applications
Immigration New Zealand now mandates police certificates for stays over 24 months. Missing documents lead to visa refusal…
Section 33, Income-Tax Act, 2025 Clarifies Tax Depreciation vs Accounting from 2026-27
Section 33 clarifies the transition to new depreciation rules for the 2026-27 tax year, distinguishing between accounting books…
Seven Tax Records Investors Must Keep from 2026-27: Form 168, Contract Notes, Annual Information Statement
India's 2026 tax update introduces Form 168. Investors must keep private records like contract notes and bank statements…
India’s Income-Tax Act 2025: New RNPO Compliance Rules for Charities and Overseas Donors
India's Income-tax Act 2025 mandates the RNPO framework starting April 2026, requiring 85% income application and strict documentation…
India Plans Income-Tax (amendment) Bill, 2026 to Continue G-Sec Tax Exemption for BIS and Foreign Institutions
India to introduce the Income-tax Bill 2026 on July 20 to formalize tax exemptions for foreign institutional investors…
Indian Expats in UAE Demand Permanent Solution to Passport Crisis and Fee Hike Rollback
UAE-based Indians face 60% passport fee hikes while the Delhi High Court quashes the service provider contract, causing…
Section 24 Deductions for House Property: Old vs New Tax Regime and NRI Rent TDS Explained
India updates property tax laws effective April 1, 2026. New rules impact loan interest deductions and NRI rent…
Old vs New Tax Regime: Form 10-IEA Needed for Business Income, Section 44AD Lock-In Limits Switches
Business owners face restricted tax regime switching, while salaried individuals can choose annually. Form 10-IEA is required for…
Bonus Shares Tax Trap: Small Profit but a Large Short-Term Capital Gain Bill
Selling bonus shares in India can trigger high taxes despite low profits because long-term losses cannot offset short-term…
FY 2025-26 Investment Tax Guide: Shares, Mutual Funds, Securities Transaction Tax Explained
Essential guide to India's 2025-26 tax rules, covering capital gains, debt fund changes, NRI reporting, and the 12.5%…
Income Tax Act 2025: 5 Tax-Free Claims Nris Must Verify
India's new 2026 tax laws require specific documentation and thresholds for agricultural, gift, insurance, and equity exemptions. 2025…
Delhi High Court Quashes Alhind Tours LLC’s Tender for Indian Passport Services in UAE
Delhi High Court quashes Indian passport service tender for U-A-E and other missions on July 15, 2026, ordering…