Other Briefings
GST Rate Revisions for Services: What Businesses Need to Know
India’s GST Council has introduced a new two-rate framework for services in 2025 – 5 percent without ITC or 18 percent with ITC. Cheaper insurance, wellness, and job work services bring consumer relief, while higher GST on petroleum, outsourcing, and transport will impact businesses.
TDS Rules for Payments to NRIs and Foreign Companies in India: An Explainer
Explore Section 195 of India’s Income Tax Act, 1961, which requires tax deducted at source (TDS) on payments to non-residents—an essential compliance step for businesses in cross-border dealings such as royalties, interest, and technical services.
India’s New Income Tax Act, 2025 Notified: Key Changes and Implementation Timeline
India has formally notified the Income Tax Act, 2025, marking a major overhaul of the country’s direct tax regime. Scheduled to take effect from April 1, 2026, the new law replaces the Income-tax Act of 1961.
New Financial Rules in India Effective July 1, 2025: What Businesses Need to Know
India is introducing key financial rules from July 1, 2025, including mandatory Aadhaar for new PAN cards, stricter GST return rules, and an extended ITR filing deadline. Learn how these updates can affect businesses and taxpayers.
India’s GAAR: Are You at Risk from Anti-Tax Avoidance Rules
Understand India’s GAAR framework to safeguard your transactions—identify risks, leverage exemptions, and align structures with genuine business goals.
Indian Government Withdraws Income Tax Bill 2025, Plans August 11 Relaunch
India has withdrawn the Income Tax Bill, 2025, to incorporate key revisions and feedback suggested by a select committee. A revised draft, reflecting stakeholder input and simplification measures, is set for reintroduction on August 11, 2025.
GST Compliance for SaaS and Cloud Computing in India: Rates, Registration & Cross-Border Rules
Learn how India’s Goods and Services Tax (GST) applies to SaaS and cloud computing, covering tax rates, SAC codes, place of supply, compliance rules, and cross-border obligations.
India’s Updated Income Tax Return Forms for AY 2025–26 Explained
India’s Income Tax Department released ITR Forms 1 and 4 on July 11, 2025, following the rollout of ITR Forms 2 and 3 in May. Key updates include changes to capital gains reporting, revised LTCG exemptions, and form-specific compliance rules.
