Other Briefings
IGST Applicability on Expatriate Employment in India: Karnataka High Court Provides Tax Clarity
The Karnataka High Court has clarified the GST treatment of expatriate employment in India, ruling that remuneration paid to foreign employees under a genuine employer-employee relationship is not subject to IGST under the reverse charge mechanism.
India’s Component Warehousing Safe Harbor: A Competitive Tax Proposition for Global Manufacturers
India’s Budget 2026-27 introduces a 2 percent safe harbor for bonded component warehousing and a five-year tax exemption for non-resident suppliers, offering transfer pricing certainty and strengthening India’s role in global manufacturing supply chains.
India Unveils Draft Income Tax Rules, 2026 Ahead of April 1 Rollout
India’s tax administration has released the draft Income Tax Rules, 2026. The proposal streamlines the compliance framework, reducing it to 333 rules and 190 statutory forms. Public consultation remains open until February 22, 2026.
Budget 2026 Explainer: Tax Clarity and Incentives for Cloud, Data Centers & AI Players
Budget 2026–27 elevates data centers to strategic infrastructure, pairing tax exemptions and regulatory certainty with India’s fast-growing digital demand. For global cloud players, India is moving from an emerging data center market to a scale-and-stability play position.
Budget 2026 Resets GIFT City Economics for Banks with 20-Year IBU Tax Holiday
India’s Union Budget 2026 proposes a 20-year tax holiday during a 25-year period for International Banking Units in GIFT City, followed by a concessional 15 percent tax rate.
What the Binny Bansal Tax Residency Ruling Means for HNIs Moving Abroad
The ITAT’s ruling on the Binny Bansal tax residency case highlights that global mobility without meaningful economic disengagement does not eliminate tax exposure. For founders and investors, substance and timing outweigh physical location or day-count management when seeking treaty benefits.
US Parent-India Subsidiary: Transfer Pricing and Intercompany Agreements
US parent companies with subsidiaries in India face heightened transfer pricing scrutiny when intercompany agreements, operational reality, and financial outcomes do not align. Ensuring documentation consistently reflects the Indian subsidiary’s role and value creation is critical to managing audit and dispute risk.
Tiger Global-Flipkart Tax Dispute: A Landmark Test of India’s Anti-Avoidance Regime
On January 15, 2026, the Supreme Court of India reaffirmed the country’s substance-over-form doctrine in the Tiger Global-Flipkart case, confirming that tax authorities may deny treaty benefits under GAAR even where valid TRCs are in place. For foreign investors, the ruling underscores the importance of establishing genuine commercial substance.
