Skip to content Skip to footer

India–Singapore DTAA and mutual fund capital gains: What the Mumbai ITAT ruling means for Singapore tax residents investing in Indian MFs

A recent Income Tax Appellate Tribunal (ITAT), Mumbai ruling has held that capital gains earned by a Singapore tax resident from redemption/sale of units of Indian mutual funds can fall under the residuary capital gains clause of the India–Singapore DTAA, and therefore be taxable only in Singapore (subject to treaty conditions). itatonline.org+2ITB Steve Towers+2 This…

Read More

India–Oman FTA Signed: What the New CEPA Means for Trade, Tax and Businesses

India and Oman have formally signed a Comprehensive Economic Partnership Agreement (CEPA), marking a significant step in bilateral trade relations. The agreement was concluded in Muscat on 18 December during Prime Minister Narendra Modi’s official visit, after nearly two years of negotiations. Under the CEPA, Oman has agreed to grant zero-duty market access on 98.08%…

Read More

India-US Virtual Trade Talks Progress; Deal Expected by Year-End

India and the United States are holding regular virtual discussions to advance the proposed Bilateral Trade Agreement (BTA) and address long-pending reciprocal tariff issues. Commerce Secretary Rajesh Agarwal said that most technical matters have been resolved and that India expects the first phase of the agreement to be concluded within the current calendar year. Status…

Read More

Moody’s: India to Lead Emerging Market Growth With 7% GDP Expansion in 2025

Moody’s Ratings has projected that India will record the highest growth among emerging markets and the Asia-Pacific region in 2025, with GDP expected to expand 7% in 2025 and 6.4% in 2026. The agency said India’s domestic demand, investment momentum and structural reforms continue to support economic resilience despite global uncertainty. Key Highlights of Moody’s…

Read More

New Labour Codes 2025: Key Changes Every Employer and Employee Should Know

India’s four new labour codes are set to modernize and consolidate more than 25 existing labour laws. The framework aims to simplify compliance for businesses while strengthening worker protection, wage clarity and social security coverage - including for gig and platform workers. Below is a structured summary for employers, HR teams and compliance professionals. 1.…

Read More

VC exits cross ₹15,000 crore in 2025 IPOs, with over ₹90,000 crore still unrealised

India’s 2025 IPO cycle is shaping up to be one of the strongest liquidity phases for the venture ecosystem in several years. Seven prominent listings - Ather Energy, Bluestone, Urban Company, Lenskart, Pine Labs, Groww and PhysicsWallah - have collectively enabled early investors to realize more than ₹15,000 crore through offer-for-sale (OFS) transactions, based on…

Read More

₹90,000 crore in 90 days: India’s IPO surge delivers mixed listing gains

India’s primary markets have recorded one of their strongest fundraising phases in recent years, with companies raising more than ₹90,000 crore through 61 IPOs over the past 90 days. However, while the fund-raising environment remains robust, post-listing performance has been far more subdued. Strong fundraising, weak first-day gains Trendlyne data shows that: 44 out of…

Read More