India: CBDT issues circular explaining tax provisions under Finance Act 2023

India's Lok Sabha passed the Taxation and Other Laws (Amendment) Bill (Bill No. 150 of 2026) 2026 on 6 August 2026, after it was introduced in Parliament on 4 August. The Bill proposes a series of amendments to the Income-tax Act, 2025, the

India's Income Tax Department has released the Advance Pricing Agreement (APA) Programme Annual APA Report FY 2025-26, detailing record activity under the country's APA programme, legislative reforms that took effect on 1 April 2026, and progress in

India’s  Ministry of Finance has updated its Guidance Note on FATCA and CRS, providing detailed guidance for crypto exchanges and other intermediaries on their reporting obligations as Reporting Financial Institutions (RFIs) under section 508 of

The US Senate moved forward on a bipartisan Russia sanctions bill with an 86-12 procedural vote, handing President Donald Trump the authority to impose tariffs reaching up to 100% on the five largest buyers of Russian oil and gas. India ranks

Bahrain and India have held the first round of negotiations for an income tax treaty, marking the start of discussions on what would be the first such agreement between the two countries. According to a recent statement by the Indian ambassador

Mauritius' Cabinet approved regulations to bring into force the 2024 Protocol amending the India, Mauritius Double Taxation Avoidance Agreement (DTAA). The amending protocol updates the treaty preamble to emphasise the elimination of double