Comparative Analysis of Lower Withholding Certificate – Income-tax Act, 1961 vs Income-tax Act, 2025
IndiaSummary The introduction of the Income-tax Act, 2025 marks a significant shift in India’s tax administration framework. One of the […]
Changes in Salary Taxation Under Income-tax Act 2025 Explained for Salaried Employees
IndiaSummary For most salaried employees, tax planning usually feels repetitive every year. Submit investment proofs, collect rent receipts, declare deductions,
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U.S. IEEPA Tariff Refund: How Businesses Can Recover IEEPA Duties
USASummary For a lot of businesses importing goods into the U.S., the last year was frustrating. Every shipment felt more
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RBI’s New NBFC Framework: Final regulations on exemption from NBFC registration
India Direct TaxSummary The Reserve Bank of India has introduced a major shift in the NBFC regulatory framework through the 2026 Amended
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TDS on Cross-Border Payments: What Changes from 1 April 2026 Under ITA 2025
IndiaIf your business remits money to non-residents – royalties, technical or professional service fees, interest, dividends, or management charges –
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TDS & TCS: FY 2025-26 vs. FY 2026-27 – A Complete Comparative Guide
IndiaIndia’s tax landscape undergoes a significant structural shift from 1 April 2026, when the Income-tax Act, 2025 (ITA 2025) replaces
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Key changes proposed in Corporate Laws (Amendment) Bill, 2026
IndiaBackground The Corporate Laws (Amendment) Bill, 2026 (“the Bill”) has been introduced in the Lok Sabha on March 23, 2026,
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Singapore GST InvoiceNow Requirement: What Businesses Must Know
SingaporeSingapore is raising the bar on tax compliance and the clock is ticking. The Inland Revenue Authority of Singapore (IRAS)
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Delaware Franchise tax – How your Share Structure Can Cost You Up to $200K in taxes
USA Tax UpdatesMost startup founders choose Delaware for its business-friendly laws, specialized Court of Chancery, and investor preference. But one critical decision
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Overview of New Income Tax Act 2025
India Direct TaxAfter more than six decades, India has replaced the Income-tax Act, 1961 (“Old Act”) with the Income-tax Act, 2025 (“New
Overview of New Income Tax Act 2025 Read More »
How to Set Up a Company in Singapore in 2026: A Step-by-Step Guide
Singapore Singapore Knowledge SeriesSingapore makes it easier to start a business than almost anywhere else in the world. Low taxes, zero red tape,
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Compliance Is Basic. Wealth Architecture Is Strategic: Why International Tax Advisors in India Matter More Than Ever
India Singapore UAE USASummary Most individuals and businesses approach International tax advisors in India for tax compliance, return filing, and refunds. But in
Double Tax Deduction for Internationalization (DTDI) Scheme
Singapore Singapore Knowledge SeriesThe scheme runs from 1 April 2012 through 31 December 2030. Companies can benefit either through the automatic route—where some
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Free Zone Persons: QFZP Conditions – Alert #3
UAE UAE Knowledge SeriesIn Alert #2, the focus was on the foundational QFZP conditions — presence in the Free Zone, substance requirements, and
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Free Zone Persons: QFZP Conditions – Alert #4
UAE UAE Knowledge SeriesSummary In the fourth part of M2K’s UAE Corporate Tax Series, this alert continues to unpack the conditions required for
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Employment-Linked Incentive (ELI) Scheme – July 2025
Direct Tax India Tax UpdatesTo boost employment and improve workforce benefits in India, the Union Cabinet has approved the Employment-Linked Incentive (ELI) Scheme, effective
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Dematerialisation of Securities for Private Companies
Direct Tax India Tax UpdatesThe Ministry of Corporate Affairs (MCA) has expanded the scope of dematerialisation by notifying the Companies (Prospectus and Allotment of
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Free Zone Persons: QFZP Conditions #2
UAE UAE Knowledge SeriesThe UAE’s Corporate Tax regime introduces a new layer of compliance for Free Zone businesses, with strict rules around qualifying
Free Zone Persons: QFZP Conditions #2 Read More »
Sales Tax on Software and SaaS
US Sales Tax Series USASales tax rules in the U.S. are complicated enough — but throw software and SaaS into the mix, and it
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Free Zone Persons: QFZP Conditions #1
UAEWith the rollout of Corporate Tax in the UAE effective for fiscal years starting on or after July 1, 2023,
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M2K – USA Sales Tax Series #8 – Sales and Use tax in Alabama
US Sales Tax Series USAThis alert explains how Alabama approaches sales and use tax, beginning with the basic structure of state and local taxation
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US Sales Tax Alert #1 – Introduction to Sales and Use Tax
USASales and use tax compliance in the United States presents a unique set of challenges for businesses. Unlike countries that
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Voluntary Disclosure Agreement
US Sales Tax Series USAWhen a business realizes it may owe sales or use tax in a U.S. state where it wasn’t registered, things
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Registration & Compliances
USA US Sales Tax SeriesOnce a business establishes nexus in a state, registration for sales tax is usually required. This applies whether nexus arises
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Determining Nexus
USA US Sales Tax SeriesNexus is the legal link between a business and a state that determines whether the business must register, collect, and
Sales Tax Exemptions
USA US Sales Tax SeriesSales tax exemptions are an important but often misunderstood part of US sales and use tax compliance. They allow businesses
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Situs of Sales
USA US Sales Tax SeriesSales and use tax in the United States is complicated because each state and locality sets its own rules, rates,
Reverse Flip from Singapore to India
India Tax UpdatesIndian startups that once shifted their parent companies abroad for better funding access and regulatory ease are now making their
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Shopify Partners – Tax & Regulatory Landscape in India from Start to Exit
India Tax UpdatesThis blog is a practical guide for Shopify Partners in India, walking through the complete tax and regulatory journey—from setting
Shopify Partners – Tax & Regulatory Landscape in India from Start to Exit Read More »
Taxation in Kentucky
USA US State Tax SeriesKentucky has a well-defined tax system for corporations and pass-through entities, ensuring that all businesses operating in the state comply
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Taxation in Washington
USA US State Tax SeriesWashington stands apart from most states in the U.S. because it does not impose a personal or corporate income tax.
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Taxation in West Virginia
USA US State Tax SeriesWest Virginia has a structured taxation system that applies differently to corporations and pass-through entities. C corporations are taxed directly
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Taxation in Wisconsin
USA US State Tax SeriesWisconsin imposes both corporate income and franchise taxes, alongside requirements for S corporations, partnerships, LLCs, and LLPs. The system ensures
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Taxation in Wyoming
USA US State Tax SeriesWyoming is one of the most tax-friendly states in the U.S. because it does not impose a corporate income tax,
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Taxation in Tennessee
USA US State Tax SeriesUnderstanding taxation in Tennessee is critical for businesses that operate within the state or have a substantial nexus here. Tennessee’s
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Taxation in Texas
USA US State Tax SeriesTexas, known for its business-friendly environment, takes a different approach to taxation compared to many other states. While Texas does
Taxation in Utah
USA US State Tax SeriesUtah has a structured approach to business taxation that applies differently depending on the type of entity. Corporations, partnerships, and
Taxation in Vermont
USA US State Tax SeriesVermont has a structured taxation system that applies to both corporations and business entities like S corporations, partnerships, and LLCs.
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Taxation in Virginia
USA US State Tax SeriesVirginia’s tax system has a clear framework for both corporations and pass-through entities. Corporations with income connected to Virginia must
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Taxation in Rhode Island
Tax UpdatesRhode Island has a structured tax framework that applies to C corporations, S corporations, partnerships, LLCs, and LLPs conducting business
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Taxation in South Carolina
USA US State Tax SeriesSouth Carolina’s tax framework applies to a range of entities including C corporations, S corporations, partnerships, LLCs, and LLPs. C
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SM REIT Regulations – Updated
India Direct Tax Tax UpdatesOn 8th March 2024, SEBI officially notified the SM REIT (Small and Medium Real Estate Investment Trusts) Regulations to bring
SM REIT Regulations – Updated Read More »
Taxation in South Dakota
Tax UpdatesSouth Dakota stands out among U.S. states for its simple and business-friendly tax structure. Unlike most states, South Dakota does
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Taxation in North Dakota
USA Tax Updates US State Tax SeriesNorth Dakota has a structured system of taxation that applies to corporations, S corporations, partnerships, LLCs, and LLPs operating in
Taxation in North Dakota Read More »
Taxation in Ohio
USA US State Tax SeriesOhio takes a unique approach to business taxation. Unlike most states, it does not impose a corporate income tax or
Taxation in Oklahoma
Tax UpdatesOklahoma imposes several layers of taxation on businesses depending on their structure and operations. Corporations must pay franchise tax based
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Taxation in Oregon
USA US State Tax SeriesOregon’s taxation system is distinct from many other states, combining the Corporate Activity Tax (CAT) with traditional corporate excise and
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Taxation in Pennsylvania
USA US State Tax SeriesPennsylvania’s tax system imposes specific obligations on corporations and pass-through entities. C corporations are required to file a PA Corporate
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Section 43B(h) Disallowance for Payments to MSMEs
India Direct TaxThe Finance Act, 2023 introduced a new clause (h) under Section 43B of the Income Tax Act, 1961, reshaping how
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Taxation in New York
USA US State Tax SeriesNew York State has one of the most complex tax structures in the United States, particularly for businesses operating as
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