Recent India tax developments

In this webcast, EY panelists discuss the 2026-27 Budget updates as well as a recent decision by the Supreme Court of India (Apex Court) on requirements for tax treaty eligibility.

India’s tax landscape is undergoing significant shifts due to recent developments that have the potential to significantly impact multinational corporations operating in India. In this webcast, senior EY tax and policy professionals will discuss the 2026-27 Budget updates as well as a recent decision by the Supreme Court of India (Apex Court) on requirements for tax treaty eligibility.

The 2026-27 Budget presented by India’s Finance Minister on February 1, 2026, outlines a strategic roadmap for India’s continued growth in an unpredictable global economic environment. The Budget amendments are focused on keeping India integrated with global markets, becoming competitive and attracting long-term investment.

The panelists will also discuss the recent landmark decision in Tiger Global International Holdings, in which the Apex Court rejected the treaty exemption claimed by a Mauritius-based investment entity on capital gains arising from an indirect transfer of Indian assets, clarifying that a Tax Residency Certificate alone does not guarantee an entity tax treaty benefits if its transaction lacks economic substance.

Please join us for this 75-minute, interactive webcast.

Panelists

Sameer Gupta, Partner and Tax Leader, Ernst & Young LLP (India)

Pranav Sayta, Partner and Leader – International Tax and Transaction Services, Ernst & Young LLP (India)

Uday Pimprikar, Partner and Leader – Indirect Tax, Ernst & Young LLP (India)

Moderator

Stephen Bates, Partner, Ernst & Young LLP (US); EY Americas International Tax and Transaction Services Solutions Leader

EY webcast managed and produced by Ernst & Young LLP’s Tax Technical Knowledge Services Group, Washington, DC: Lynn Fairfax.