On 13 October 2026, the Government of India notified the protocol amending the India-Mauritius tax treaty (Protocol) which was signed on 7 March 2024 (Notification).
Earlier this year in March, the USTR initiated investigations pursuant to Section 301 of the Trade Act of 1974, targeting 60 (sixty) of its major trading partners
CBDT has issued a notification dated 31 March 2026 (Notification), providing a significant clarification on the non-applicability of General Anti-Avoidance Rules (GAAR) with respect to income arising from the transfer of an investment that was made prior to 1 April 2017.
SEBI at its 213th Board Meeting held on March 23, 2026, approved amendments to the Securities and Exchange Board of India (Alternative Investment Funds) Regulations, 2012 (AIF Regulations).
On 10 March 2026, the Government of India issued a press release (Press Release) indicating that Union Cabinet (Cabinet) has approved amendments to the foreign direct investment (FDI) regime in India with respect to for investments into India with beneficial ownership originating from countries sharing land borders with India (LBCs) under a regulation known as “Press Note 3” (PN3).
The Securities and Exchange Board of India (Alternate Investment Funds) Regulations 2012 (AIF Regulations) under Regulation 28, and Clause 15.1.1 of the SEBI’s Master Circular on AIFs dated 07 May 2024 (Master Circular) mandate all alternative investment funds (AIFs) to submit report of their activity as an AIF to the Securities and Exchange Board of India (SEBI) on a quarterly basis within 15 calendar days from the end of each quarter.
On 23 February 2026, the Ministry of Finance, Government of India issued a press release stating that India and France have signed a protocol (Amending Protocol) to amend the existing tax treaty between them (Existing Treaty).
