India Updates AS-22 to Align with OECD Pillar Two: Key Accounting and Tax Implications for Multinationals

Tax & Accounting

India’s Ministry of Corporate Affairs has introduced a key accounting exemption under AS-22 allowing companies to avoid recognizing deferred tax linked to the OECD Pillar Two Model Rules. The move simplifies financial reporting while requiring companies to disclose their potential exposure to the new global minimum tax framework.

Legal & Regulatory

Don’t Let Late Fees Drain Your Capital: Unlock Concessional Filings via the CCFS-2026

Reduce your compliance burden with the Companies Companies Facilitation Scheme, or CCFS-2026, featuring massive fee concessions for annual returns, dormant status applications, and company closures.

Tax & Accounting

India Tax Deadline: Foreign Tax Credit Claims for FY 2024–25 Due by March 31, 2026

Indian taxpayers earning foreign income must file Form 67 by March 31, 2026 to claim foreign tax credit for FY 2024–25. Learn who must file and how to comply.

Economy & Trade

Business Opportunities for Italian SMEs in India Under the India–EU Free Trade Agreement

Explore how Italian SMEs can benefit from the India–EU Free Trade Agreement through improved market access, tariff reductions, and supply chain opportunities in India.

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Economy & Trade

Economy & Trade

India’s Crude Oil Tracker 2026: Supply Diversification and Energy Security Measures

Mar 16

With crude prices hitting US$113.57 as of March 11, 2026, is India’s energy supply secure? Learn about the March 2026 Natural Gas Control Order, increased domestic LPG production, and India’s shift to sourcing crude oil from 40 different countries.

 

Tax & Accounting

Tax & Accounting

Virtual CFO Services in India: A Strategic Finance Solution for Foreign Investors and Growing Businesses

Mar 17

Discover how Virtual CFO services in India help foreign investors and growing businesses manage compliance, improve financial visibility, and scale efficiently.

 

Legal & Regulatory

Legal & Regulatory

Protecting Your Brand in India: Trademark Registration and IP Strategy for Foreign Businesses

Mar 16

Learn how foreign companies can protect their brand in India through trademark registration, IP strategy, and enforcement mechanisms in one of the world’s fastest-growing consumer markets.

Industries

Industries

India's Semiconductor Sector: Tracking Government Support and Investment Trends

Mar 13

As of March 2026, India hosts around 7 percent of the world’s semiconductor GCCs and employs nearly 20 percent of the global chip design workforce.

 

HR & Payroll

HR & Payroll

Standardizing Payroll in India: Leveraging the National Floor Wage Under the New Labor Codes

Mar 11

India’s floor wage system under the Code on Wages, 2019, establishes a national wage benchmark that guides how minimum wages are set across states. Understanding its interaction with state-level minimum wage regulations is essential for businesses managing labor costs and compliance

 

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