Insights

Liaison office, branch office, project office or wholly owned subsidiary? Compare activities, RBI approval, eligibility, tax, liability and compliance for foreign companies in India.

Guide for foreign companies and investors to set up business in India: FDI rules, 2026 changes, subsidiary vs branch vs LLP, incorporation steps, FEMA filings and tax.

TDS and TCS rates and thresholds for tax year 2026-27 under the Income-tax Act, 2025 (sections 392-394) vs old sections of the 1961 Act, with Budget 2026 TCS changes.

When you need GST registration in multiple States, the new Multistate Registration facility (one Master TRN, from 1 Oct 2026), rule 14A, documents, ISD and stock transfers.

Tax planning for tax year 2026-27 under the Income-tax Act, 2025: new vs old regime, zero tax up to ₹12 lakh, section 123 (80C), NPS, capital gains and HUF tips.

October 2026 due dates: GSTR-1, GSTR-3B, TDS/TCS returns in new Forms 138/140/143/144, tax audit extended to 21 Oct, AOC-4, ADT-1, LLP Form 8 and more.

New 0.4% MDR on UPI merchant payments above ₹2,000 from 15 Oct 2026: ₹300 cap, flat ₹5 sectors, exemptions, and GST and income tax impact for merchants.

55th GST Council meeting (21 Dec 2024, Jaisalmer): vouchers not taxable, used vehicles at 18% on margin, no GST on penal charges, 10% pre-deposit for penalty appeals, IMS.

56th GST Council meeting (3 Sep 2025): new 5% and 18% rate structure, 40% de-merit rate, insurance exempted, key rate cuts, 90% provisional refunds and GSTAT timelines.

57th GST Council meeting (8 Oct 2026): arrest powers removed, prosecution limit ₹5 crore, ₹10,000 notice threshold, automated refunds, wider ITC and registration reforms.