US exempts Indian farm exports from tariffs
Indian agricultural exporters will benefit after US President Donald Trump exempted dozens of food items from tariffs. Products such as tea, coffee, spices, and cashew nuts, previously hit with duties of up to 50%, are included in the
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India, Bahrain to negotiate for tax treaty
India and Bahrain have agreed to initiate negotiations on an income tax treaty, the two countries announced during their fifth High Joint Commission (HJC) meeting in New Delhi on 3 November 2025. The proposed treaty would mark the first tax
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India: CBDT extends income tax returns, audit report deadlines for AY 2025-26
The Central Board of Direct Taxes (CBDT), operating under the Government of India's Ministry of Finance, Department of Revenue, has announced an extension of deadlines for filing Income Tax Returns (ITRs) and various reports of audit for the
See MoreIndia to impose import duty on yellow peas from November
RF Report The Indian government will impose a 30% import duty on yellow peas from 1 November 2025 to support domestic pulse prices ahead of the rabi season. Shipments dated on or before 31 October are exempt from this levy. Pulse prices,
See MoreNew tax treaty between India, Qatar enters into force
The treaty became effective upon the exchange of ratification instruments and superseded the 1999 tax treaty between the two countries. India issued Notification No. 154/2025/F on 24 October 2025, signaling that the updated income tax treaty
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India, US near deal to slash import tariffs
India and the US near deal to cut tariffs, with energy and agriculture in focus. India and the US are reportedly nearing a trade deal that would cut US tariffs on Indian imports from 50% to about 15–16%. The agreement is expected to focus on
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Israel, India sign bilateral investment agreement
This is India's first-ever investment agreement with Israel. Israel and India have signed a new bilateral investment agreement aimed at bolstering economic ties and encouraging mutual investments. The agreement, signed in New Delhi by Israel's
See MoreIndia considers easing imports on Chinese raw materials
India’s Commerce Ministry and NITI Aayog considered relaxing certain tariff and non-tariff restrictions on Chinese imports to secure cheaper raw materials and support industrial growth. India’s Ministry of Commerce and Industry, supported by
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US: Trump pledges to keep ‘massive’ tariffs on India until Russian oil imports stop
Trump said Modi had assured him India would stop buying Russian oil, warning New Delhi it would face “massive” US tariffs if it did not comply. US President Donald Trump said on Sunday, 19 October 2025 that Indian Prime Minister Narendra
See MoreIndia: NITI Aayog proposes tax clarity for foreign investors
The working paper recommends that the Ministry of Finance consider the proposed framework for inclusion in future Finance Bills, following consultations with industry, experts, and treaty partners. NITI Aayog’s tax policy group in India has
See MoreIndia, Uzbekistan IPA enters into force
The agreement encourages investment, ensures protection and transparency, provides mechanisms for resolving disputes, and supports a strong investment climate to strengthen economic ties between the two countries. The India–Uzbekistan
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Brazil, India tax treaty protocol enters into force
This protocol to the tax treaty will enter into force on 18 October 2025. The amending protocol to the tax treaty between Brazil and India (1988), as amended by the 2013 protocol, will enter into force on 18 October 2025. This protocol,
See MoreIndia: CBDT further extends income tax returns (ITRs) deadline for AY 2025–26
The filing deadline has been further extended by one day. India’s Central Board of Direct Taxes (CBDT) has announced another extension for filing Income Tax Returns (ITRs) for the Assessment Year 2025-26. Initially, the deadline was set
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Brazil: National Congress ratifies tax treaty protocol with India
This protocol is the second modification to the 1988 Brazil-India tax treaty. Brazil’s National Congress has ratified the amending protocol to its 1988 tax treaty with India through Legislative Decree No. 200, which was issued on 11 September
See MoreBrazil: Senate approves tax treaty protocol with India
This protocol is the second modification to the 1988 Brazil-India tax treaty. Brazil’s Senate (the Upper House of the National Congress) gave its approval to ratify a protocol amending the 1988 tax treaty with India on 10 September
See MoreIndia cuts GST on solar, wind equipment
The GST on solar and wind equipment has been lowered to 5%, reducing project costs. India’s government reduced the GST on solar photovoltaic modules and wind turbine generators from 12% to 5%, effective 3 September 2025. The move is part of
See MoreIndia announces ‘next-generation GST’
The aim is to simplify India’s indirect tax framework, improve ease of doing business, and make goods and services more affordable for citizens across all sectors. The new rates are set to come into effect on 22 September 2025. The Press
See MoreIndia to cut GST on consumer goods and hybrid cars
India plans to cut GST on 175 products, including consumer goods, small cars, and export items, to boost domestic consumption and support manufacturers. India plans to reduce the goods and services tax (GST) on about 175 products, including
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