Supreme Court Extends Time for Statutory Appeal in GST Input Tax Credit Case
India's Supreme Court extends the GST fake ITC appeal deadline to March 2026, requiring a pre-deposit and clarifying…
Itaú Unibanco Investors Face U.S. Tax Deadline for Brazilian Income
Investors receiving Brazilian income face a critical April 15, 2026, U.S. tax deadline. Brazil's new 17.5% withholding rate…
India Debates CA Confidentiality Amid Cross-Border Tax Compliance Challenges
This analysis compares the push for chartered accountant confidentiality in India against U.S. tax disclosure laws. It outlines…
Strategic Customs Duty Reductions Cut Costs on Personal Goods Imports and Boost Aviation Manufacturing
India's 2026 Budget reduces customs duties on personal imports and aviation parts while extending exporter timelines. These measures…
India Prepares Sustainable Aviation Fuel Push Ahead of Corsia Rules
India will implement a 1% Sustainable Aviation Fuel (SAF) blending mandate for international flights in 2027, increasing to…
Raghav Chadha Urges Legal Status for Crypto to Boost Innovation in India
Raghav Chadha, a member of India's Rajya Sabha, has appealed for the legalization of cryptocurrencies and stablecoins. He…
New Income Tax Draft Rules Insert Rule 166 to Define Return as Defective
The Indian government has proposed Rule 166 to standardize what makes a tax return 'defective.' This is vital…
CBDT Proposes New Income Tax Form 130 to Simplify TDS Reporting
The Indian government is introducing Income Tax Form 130 to consolidate salary, pension, and senior citizen interest reporting…
NRIs in U.S. Must Report Global Income Despite India’s Budget 2026 Simplification
Most U.S. filers must submit 2026 tax returns by April 15, 2027. Despite India’s Budget 2026 simplifying some…
CBDT Unveils Draft Income Tax Rule, 2026 with Significant Updates to Income-Tax Act, 2025
The CBDT’s 2026 Draft Income Tax Rule streamlines India's tax code by reducing rules and forms, starting April…
Clawback Question Raised Over NRI LTCG Tax Relief Under Section 10(38)
NRIs face confusion over 'clawback' rules for Indian share sales in 2026. Analysis shows exemptions like Sections 10(38)…
Budget 2026 Lets Buyers Use PAN Based Challans Removing TAN Requirement
India's Budget 2026 removes the TAN requirement for resident buyers purchasing NRI property, allowing the use of PAN-based…
Supreme Court Upholds ₹2.9 Crore SAIL GST Refund for Unutilised ITC
The Supreme Court ruled that GST pre-deposits for appeals are 'appellate mechanism' refunds, exempt from Section 54 time…
NRI LTCG Relief Under Section 115F Faces Clawback If Reinvested Asset Sold Same Year
The March 31, 2026 deadline is critical for NRIs who reinvested share sale proceeds to claim tax exemptions.…