Government Policy & Regulations and Taxation :Union & State Budget analysis
New tax rules, GST updates, compliance news
Regulatory changes (SEBI, RBI, IRDAI)
Taxation of AI Services – Royalty, FTS, or Business Income? The taxation of AI services is a complex area, and the income can be characterized as Royalty, Fees for Technical Services (FTS), or Business Income depending on the specific nature of the service, the contract terms, and whether a relevant Double Taxation Avoidance Agreement (DTAA) […]
Taxation of AI Services – Royalty, FTS, or Business Income? Read More »
TDS on Cash Withdrawal New Limit u/s 194N | How Much Tax is Deducted on Cash Withdrawal? Cash transactions continue to be closely monitored by the Indian government, and Section 194N of the Income Tax Act plays a major role in regulating high-value cash withdrawals. If you withdraw large sums of money from a bank,
TDS on Cash Withdrawal New Limit u/s 194N | How Much Tax is Deducted on Cash Withdrawal? Read More »
Most people claim deductions for political donations under Section 80GGC but very few know how it actually works. One wrong step, and you could receive an income tax notice, just like many others already have. ➡️ Section 80GGC allows individuals (other than companies) to claim a deduction for donations made to a registered political party
India Inc Embraces Real-Time Audits: How Technology Is Transforming Fraud Detection, Compliance, and Corporate Governance India Inc Shifts Into a New Era of Real-Time Auditing. Indian corporations are undergoing a fundamental shift in the way internal audits are conducted. Traditional sample-based checks—often retrospective, manual, and limited in scope—are rapidly giving way to real-time, technology-enabled audit
NITI Aayog’s 17 Reforms to Boost MSMEs: A Game-Changer for Small Businesses! A high-level committee led by NITI Aayog member Rajiv Gauba has proposed a comprehensive package of at least 17 reforms aimed at easing the regulatory and financial burden on Micro, Small, and Medium Enterprises (MSMEs). The recommendations are being reviewed by government ministries
SEBI Revamps IPO Anchor Investor Norms; Raises Reservation Limit to 40% to Boost Domestic Participation. The Securities and Exchange Board of India (SEBI) has amended its regulations to increase the overall anchor investor reservation in initial public offerings (IPOs) to 40% from the previous 33%, with a specific earmark for domestic institutional investors. These changes,
India–Belgium Tax Treaty Gets a Major Upgrade! The protocol amending the India-Belgium Double Taxation Avoidance Agreement (DTAA) recently entered into force, with a notification issued by India’s Central Board of Direct Taxes (CBDT) on November 10, 2025. The “major upgrade” is the expansion of the scope of information exchange to curb tax evasion and avoidance
Selling Property in India as an NRI – Here’s Your Complete Tax & FEMA Guide! Selling property in India as a Non-Resident Indian (NRI) involves specific tax and Foreign Exchange Management Act (FEMA) regulations. Key steps include understanding capital gains tax, managing Tax Deducted at Source (TDS), adhering to repatriation limits, and ensuring proper documentation.
Cabinet Approves ₹25,000 Crore Export Promotion Mission: A Game-Changer for India’s Export Growth and MSME Competitiveness The Union Cabinet has given its approval to a major export-boosting initiative: the Export Promotion Mission (EPM) with an outlay of ₹25,060 crore spanning six years from FY 2025-26 to FY 2030-31. This initiative will consolidate fragmented schemes into
Tax Implications for Shares Issued at Premium: What You Need to Know! When a company issues shares at a premium, the excess consideration received over the fair market value (FMV) of the shares can be taxable under certain conditions. Key Points: Taxability: The excess consideration received by a company on shares issued at a premium
Tax Implications for Shares Issued at Premium: What You Need to Know! Read More »
