India’s mutual fund ecosystem is entering a new regulatory phase. The Securities and Exchange Board of India (SEBI) has introduced a set of reforms aimed at simplifying fund categories, improving transparency, and aligning investment...
A legal dispute that lasted more than two decades has finally reached a major milestone. The Delhi High Court has upheld a ruling in favour of the French luxury brand Lacoste in its long-running...
India’s e-commerce sector witnessed a major development when Meesho received a significant tax demand from the Income Tax Department. The announcement not only impacted investor sentiment but also triggered a sharp fall in the...
Global businesses frequently move employees across borders to support operations, transfer knowledge, and manage international projects. However, these cross-border employee arrangements often raise complex tax questions. A recent ruling involving Huawei Technologies India Pvt....
Residential status is one of the most critical factors in determining an individual’s tax exposure in India. For decades, Section 6 of the Income-tax Act, 1961 laid down clear and well-understood rules to decide...
In an increasingly volatile global economic environment, Budget 2026 reflects India’s conscious shift towards certainty, predictability, and long-term institutional strength in taxation. Rather than focusing on headline rate changes, the Budget makes targeted reforms...
Minimum Alternate Tax (MAT) has long been a cornerstone of India’s corporate tax framework, designed to ensure that companies reporting substantial book profits do not entirely avoid tax liability through exemptions and incentives. Over...
The Finance Bill, 2026 introduces important refinements to the direct tax regime with a clear focus on easing compliance and reducing avoidable disputes. These changes are designed to offer taxpayers greater clarity, flexibility, and...