Oman ratified the amending protocol to the India-Oman Income Tax Treaty (1997) on 27 March 2025 through Royal Decree No. 36/2025. Earlier, Oman and India signed an amending protocol to their existing tax treaty in Muscat, the announcement was

The Sri Lanka Inland Revenue Department (IRD) has released details of the Inland Revenue (Amendment) Act, No. 2 of 2025. Certified on 20 March 2025, the new tax regulations take effect from 1 April 2025. Key changes include: Higher tax-free

India’s Central Board of Direct Taxes (CBDT) issued Notification No. 21/2025 on 25 March 2025, introducing the Income-tax (Sixth Amendment) Rules, 2025.  This encompasses three key modifications to the safe harbour rules for international

India is set to remove the 6% equalisation levy on online advertising services starting 1 April 2025, following government approval of amendments to the Finance Bill 2025 as part of the 2025-2026 Budget. The levy was first introduced in the 2016

India’s government has introduced revisions to the proposed amendments to the Income-tax Act, 1961, as outlined in the Finance Bill, 2025. The Lok Sabha passed the Finance Bill 2025 on 25 March 2025, incorporating 35 government amendments. The

India's Central Board of Direct Taxes (CBDT) published a release on 18 March 2025 inviting stakeholder feedback for the development of Income-tax Rules and associated forms in line with the provisions of the Income Tax Bill 2025. The Income Tax