Protocol to treaty between Brazil and India signed

India’s Lok Sabha (lower house of parliament) has approved the Finance Bill 2026 with amendments on 25 March 2026.  It now awaits approval by the Rajya Sabha. The bill implements the Union Budget 2026–27, including measures to introduce the new

India’s Central Board of Direct Taxes (CBDT) issued Notification No. 22/2026 on 20 March 2026 under the Income Tax Act, 2025, introducing the Income Tax Rules, 2026. The rules provide a comprehensive framework for income tax administration,

Brazil’s government has enacted urgent measures to lower diesel prices as international oil costs spike due to armed conflict involving the US, Israel, and Iran, compounded by escalating tensions near the Strait of Hormuz—a strategic waterway

India’s Central Board of Direct Taxes issued a press release on 23 February 2026, announcing that an amending protocol to the 1992 France–India income and capital tax treaty was signed on 17 February 2026. The protocol introduces significant

Brazil’s tax authority, the Federal Revenue Service (RFB), has updated its Export Manual to reflect changes introduced by Provisional Measure No. 1,340, issued on 12 March 2026. Previously limited to specific products like cigarettes, the Export

The Central Board of Direct Taxes (CBDT) has issued Notification No. 19/2026 in the Official Gazette on 5 March 2026, amending the Income-tax Rules, 1962 (Rules 114F, 114G, 114H) to bring crypto assets, central bank digital currencies (CBDCs), and