Contemporary Tax Compliance For Non-Resident And Subsequent Reforms

Introduction : The landscape of non-resident tax compliance in India has undergone a significant shift in 2026 with the implementation of the new Income-tax Act, 2025. Some notable change has been made for NRIs, foreign companies, and cross-border investors which is the replacement of Form 10F with Form 41 for the purpose of claiming benefits under Double Taxation Avoidance Agreements also known as DTAA. This update is effective from April 1, 2026 and aims to strengthen verification processes...