The US will implement reciprocal tariffs on imports from countries imposing high tariffs on US goods, including India on 2 April 2025. President Donald Trump announced this measure during a joint session of Congress, criticising India's 100% tariff

India and Qatar signed a new income tax treaty on 18 February 2025. The treaty will become effective upon the exchange of ratification instruments and once in effect, will supersede the 1999 tax treaty between the two countries. This announcement

India's Central Board of Direct Taxes (CBDT) has released details about the Income Tax Bill 2025 , which was presented in parliament on 13 February 2025. Earlier, the Indian Union Cabinet approved the Income Tax Bill 2025, which will supersede

The Indian Union Cabinet has approved the Income Tax Bill 2025, which will supersede the old Income Tax Act of 1961. The proposed legislation seeks to streamline tax laws, remove outdated provisions, and simplify compliance processes. Union

Oman and India signed an amending protocol their existing tax treaty in Muscat, the announcement was made by Foreign Ministry of Oman on 27 January 2024. The protocol aims to strengthen economic ties and enhance cooperation in the tax sector

India's Central Board of Direct Taxes has issued Circular No. 01/2025 on 21 January 2025, clarifying the application of the Principal Purpose Test (PPT) provisions in tax treaties. The Circular confirms that PPT provisions, including those