Articles

Section 9D of MMDR Act: Recent amendment which reopens the tussle over taxation of minerals

The article discusses the key changes introduced in the recent amendment to Section 9D of the Mines and Minerals (Development and Regulation) Act. which provides certainty, price parity, and uniform taxation across the country. It also discusses the background of the said amendment, which necessitated this amendment.

SEBI’s new Common Advertisement Code – Implications for Regulated Entities

The article discusses the applicable regulations for advertising by AIFs, managers of AIFs, portfolio managers, mutual funds, asset management companies, investment advisers and research analysts in light of Common Advertisement Code (CAC).

Benchmarking in countervailing duty investigations: An analysis between the Indian and the EU approach

The article discusses how the Indian and EU authorities approach benchmarking in practice and analyses whether their methodologies reflect a common application of WTO principles or distinct investigative philosophies.

Section 22-A and prohibited properties in Telangana: Evolution of the legal framework

The article discusses Section 22-A of the Registration Act in Telangana, which relates to the prohibition on registering certain immovable properties on account of being listed as prohibited. A similar section is also in force in other states like Andhra Pradesh and Tamil Nadu

India-EU Free Trade Agreement: Key features and things to note

The article discusses and provides a broad overview of the recently released text of the India-EU Free Trade Agreement (FTA), setting out the intricacies of the deal, albeit with a rider saying the text might undergo further revisions before it comes into force.

IFSCA Proposes Changes to the Framework for Secondary Listing of ETFs in IFSC

India-New Zealand Free Trade Agreement: Key things to note

The India-New Zealand Free Trade Agreement (‘India-NZ FTA’), ratified by both countries on 21 September 2026, marks a significant milestone in bilateral economic relations between the two countries. As the agreement is set to come into force on 20 October 2026. The article discusses various aspects of trade in goods as well as services.

Navigating the SEZ exit: Real-world hurdles and hidden tax traps for transitioning units

The article highlights the legal, tax and administrative challenges faced by operational SEZ units transitioning into Domestic Tariff Area units. Key issues include uncertainty during the approval period, inconsistent inventory valuation dates, excessive duties on domestic assets, and full-value taxation of raw materials. Businesses may also face unrecoverable reversals of pre-GST VAT and excise benefits, demands for historical service tax exemptions, and GST registration blocks at the same premises.

RBI Trade Regulations 2026: Key Reforms in Payment Timelines, Realisation & Reporting

Cross-border trade plays a vital role in boosting a country’s economic growth. With accelerated globalization, we have observed India emerging as one of the major players in the global supply chain. In the past decade, there has been a substantial rise in cross-border transactions; both in terms of volume and value and this rise has revealed various statutory hurdles in the extant applicable laws governing cross-border trade.

IFSCA mandates FMEs to maintain a website or webpage

The article discusses the recent circular which is issued by International Finance Services Centres Authority (‘IFSCA’) for imposing an obligation on Authorised FMEs, registered FMEs (Non-Retail) and Registered FMEs (Retail) to maintain a website or a webpage dedicated to their fund management activities in the IFSC.

From Linklaters to Paul Wurth: The changing contours of the force of attraction rule in tax treaties

The article discusses the conceptual foundations of the force of attraction rule, traces its judicial evolution in India, and evaluates the relevance of the doctrine in an era increasingly shaped by source-based taxation and digital nexus rules.

EPF Scheme, 2026 and International Workers: New framework – Old questions

The notification of the Employees' Provident Funds Scheme, 2026 (‘2026 Scheme’) with effect from 1 July 2026, was anticipated to settle and provide clarity on the regulatory framework governing international workers under the Code on Social Security, 2020. However, it has done the opposite in one respect. The 2026 Scheme retains a dedicated framework for international workers and carries forward the substance of the erstwhile Paragraph 83 of the EPF Scheme, 1952 (‘1952 Scheme’) and Paragraph 43A of the EPS, 1995.