CBDT Exempts TDS on Interest, Dividend, and Commission Payments to Eligible IFSC Units in India

Tax & Accounting

India's direct tax authority has exempted specified payments to eligible IFSC units from TDS, reducing withholding tax and supporting cross-border financial services.

Legal & Regulatory

Onshoring Indian Family Offices: Why GIFT City’s 20-Year Tax Holiday Beats Singapore

Indian family offices are increasingly onshoring to GIFT City to capitalize on the new 20-year tax holiday announced in 2026. Analyze the evolving regulatory framework driving this shift from established international destinations such as Singapore.

Tax & Accounting

Section 393 of the Income-tax Act, 2025: Transitioning to Unified TDS Framework in India

Section 393 of the Income-tax Act, 2025, consolidates TDS provisions that were previously fragmented across multiple sections in the 1961 Act. Access updated rates, thresholds, and exemptions for the 2026 tax year.

Industries

Budget 2026 Resets GIFT City Economics for Banks with 20-Year IBU Tax Holiday

India’s Union Budget 2026 proposes a 20-year tax holiday during a 25-year period for International Banking Units in GIFT City, followed by a concessional 15 percent tax rate.

Get free access to our subscriptions and publications

Subscribe to receive weekly India Briefing news updates, our latest doing business publications, and access to our Asia archives.

Sign Up Now
India Briefing

Economy & Trade

Economy & Trade

India–Australia Trade Relations 2026: ECTA, CECA Talks, and Key Sectors for Business

Jul 10

Learn how India-Australia ECTA and the ongoing CECA negotiations are shaping trade, investment, market access, and commercial collaboration between the two regions.

 

Tax & Accounting

Tax & Accounting

CBDT Exempts TDS on Interest, Dividend, and Commission Payments to Eligible IFSC Units in India

Jul 13

India's direct tax authority has exempted specified payments to eligible IFSC units from TDS, reducing withholding tax and supporting cross-border financial services.

 

Legal & Regulatory

Legal & Regulatory

Setting Up a Representative Office in India: RBI Approval, Eligibility & Compliance

Jul 08

Foreign companies can use a representative office to explore India's market before investing. Learn the Reserve Bank of India (RBI) setup process, eligibility, permitted activities, and compliance requirements.

Industries

Industries

India Extends Customs Duty Relief for Electronics and Battery Manufacturing Until March 2029

Jul 09

India's latest customs duty notifications exempt key electronics components and lithium-ion battery manufacturing machinery until March 31, 2029, lowering production costs and supporting domestic manufacturing.

 

HR & Payroll

HR & Payroll

New Employee Provident Fund 2026 Rules Advance India's Social Security Code Implementation

Jul 03

The Employee Provident Fund 2026, in effect from July 1, 2026, introduces new compliance rules, digital filing, withdrawal norms, and governance requirements for employers and employees in India.

 

Expert Guidance about Business in Asia

Dezan Shira & Associates is a pan-Asia, multi-disciplinary professional services firm, providing market entry, legal, accounting, tax, HR, technology and operational advisory to international investors.

Business Updates for All Asia Markets

Asia Briefing publishes articles, magazines, and guides on doing business in Asia. Dezan Shira & Associates has produced the publication since 1999.

About Asia Briefing Ask Us a Question

Need More Guidance?

India Briefing Publications

Download magazines and guides on doing business in India.

Download Now
Back to top