Concessional Tax Regime for NRIs Returning to India

07 May, 2025

Returning NRIs? Know the New Concessional Tax Regime Concessional tax regime for NRIs has always been a niche yet crucial part of Indian tax law. With the introduction of Clause 217 of the Income Tax Bill, 2025, the landscape has shifted. This clause redefines the tax treatment available to non-resident Indians (NRIs) becoming residents — […]

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Tax Residency of Foreign Companies: New Rules in 2025

07 May, 2025

Foreign Company Tax Residency: What Changes in 2025? The Income Tax Bill, 2025 redefines how a foreign company can be treated as a tax resident in India. Clause 220 replaces Section 115JH of the 1961 Act, bringing clarity—but also new compliance burdens. Let’s break down the legal shift, implications, and expert view. What Did Section […]

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Foreign Branch to Subsidiary? New Tax Clause Changes the Game

07 May, 2025

Intro Paragraph:The conversion of Indian branch to subsidiary has received sharper tax clarity under Clause 219 of the Income Tax Bill, 2025. It replaces Section 115JG of the Income-tax Act, 1961, aiming to streamline cross-border corporate restructuring. This blog decodes the legal shift and its practical implications. What Was Section 115JG All About? Section 115JG […]

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GST on Digital Services in India: What You Need to Know

07 May, 2025

GST on digital services in India is evolving rapidly as the digital economy grows. From streaming platforms to online gaming and SaaS, the GST regime is adapting to tax cross-border and domestic digital transactions effectively. Why GST on Digital Services Is Gaining Attention India’s digital economy is booming. But taxation hasn’t kept pace. Until recently, […]

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India–UK Trade Deal: Zero Duty on 99% Exports

07 May, 2025

India–UK Trade Deal: Zero Duty, Big Gains for Indian Exporters The historic India–UK Free Trade Agreement (FTA) is a major breakthrough. With zero duty on 99% of Indian exports, this deal boosts job creation, opens key sectors, and strengthens India’s global trade influence. Key Highlights of the India–UK FTA Focus Keyphrase in Legal Context: India–UK […]

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SEBI Allows Separate Business Units for GIFT-IFSC Operations

06 May, 2025

SEBI Enables Stock Brokers to Set Up Separate Units for GIFT-IFSC SEBI GIFT-IFSC operations have gained momentum with a key regulatory update. Through a circular dated 30 April 2025, SEBI has allowed registered stock brokers to establish a separate Business Unit (BU) to deal exclusively in the GIFT-IFSC securities market, under the regulatory framework of […]

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NRI Tax on Foreign Asset Transfers: 2025 Bill vs. Section 115F

06 May, 2025

NRI Tax on Foreign Asset Transfers: What Changes in 2025? The Income Tax Bill, 2025 introduces Clause 215, which impacts how Non-Resident Indians (NRIs) can claim exemptions on capital gains from foreign exchange assets. This significantly updates the older Section 115F of the Income-tax Act, 1961. Here’s a simplified guide to what’s changing — and […]

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NRI Investment Taxation 2025: Clause 214 vs. Section 115E

06 May, 2025

Introduction The landscape of NRI investment taxation 2025 is changing. Clause 214 of the draft Income Tax Bill, 2025 aims to modernise tax treatment for non-resident Indians (NRIs), replacing provisions under Section 115E of the Income-tax Act, 1961. This blog simplifies these updates for NRIs, consultants, and tax professionals. What Did Section 115E Say? (Old […]

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NRI Taxation Rules Simplified: Clause 213 vs Section 115D

06 May, 2025

NRI Taxation Rules Simplified: Clause 213 vs Section 115D India’s tax laws for NRIs have always had a separate treatment for specific types of income. With the Income Tax Bill, 2025 proposing Clause 213, many are wondering how it differs from Section 115D of the Income Tax Act, 1961. In this blog, we break it […]

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Special Tax Regime for Non-Residents Clause 212 vs Section 115C

06 May, 2025

Intro:The special taxation regime for non-residents is evolving. Clause 212 of the Income Tax Bill, 2025, aims to replace Section 115C of the Income-tax Act, 1961. This blog breaks down the new rules, key differences, and what non-residents and foreign companies should expect going forward. What is Clause 212 of the Income Tax Bill, 2025? […]

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