CNK in the News: The Hindu BusinessLine
Our Partner, Pallav Pradyumn Narang, was quoted by The Hindu BusinessLine on proposed REIT and InvIT tax changes. The article highlights the return of dividend certainty for unitholders, alongside a higher 25% surcharge for SPVs that may temper near-term distributable cash flows.
CNK in the News: Outlook Business
Our Partner, Pallav Pradyumn Narang, was quoted by Outlook Business on proposed tax relief for offshore funds, electronics manufacturers and data centres. The article also examines longer tax horizons for electronics supply chains and the policy push to strengthen domestic compute capacity.
CNK in the News: Mint
Mint Money explores why tax benefits on jointly owned residential property should follow actual financial contribution, loan liability and payment arrangements rather than title percentages alone. Our Partner, Pallav Pradyumn Narang, explains the possible clubbing implications where one spouse funds more than their ownership share.
CNK in the News: Mint
Mint reports on the Delhi High Court’s ruling in the Teva–Ranbaxy dispute, holding that payments by an Indian company to an overseas entity are not automatically taxable in India. Our Partner, Pallav Pradyumn Narang, commented on the need to establish accrual and business connection rather than relying only on the payer’s location, with possible implications for refund claims and cross-border arrangements.
FCRA in 2026: The Bill, the Rules and the Questions They Raise
The FCRA Amendment Bill, 2026 is before a Joint Parliamentary Committee, while the Amendment Rules are already in force. We examine their combined effect on registration, assets, renewals, key functionaries, penalties and day-to-day compliance for NGOs, trusts and societies—and the questions these changes leave open.
India’s New Export and Import Payment Rules: What Changes from 1 October 2026
The Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2026 have come into effect from the 1st of October 2026, and bring exports and imports together under a single framework for the first time. Here is our breakup on what changes and how it affects your business.
India’s Circular Economy: From Compliance to Inclusive Impact
India’s circular-economy transition is moving from waste disposal to resource recovery. CNK’s September 2026 Sustainability Newsletter examines the 2026 waste rules, EPR, CSR investment and the essential role of municipalities, communities and waste workers in building circular systems that preserve materials while creating safer, more dignified livelihoods.
OIDAR Compliance in India: GST Implications for Overseas Digital Service Providers
Overseas businesses supplying digital services to customers in India can have GST obligations even without an office, employees or physical presence in the country. Following the significant expansion of India's OIDAR framework in 2023, SaaS companies, digital platforms, online education providers and other technology businesses should reassess their Indian GST exposure. We examine when OIDAR registration is required, the distinction between B2B and B2C supplies, GSTR-5A compliance, and the practical issues foreign businesses should consider when supplying the Indian market.
Quarterly Insights: Customs & Foreign Trade Policy Updates – July 2026
This edition of our Quarterly Insights presents a concise overview of the key Customs and Foreign Trade Policy (FTP) notifications and circulars issued during the second quarter of 2026. The publication highlights important regulatory developments aimed at facilitating international trade, strengthening compliance, and streamlining customs and export procedures for businesses engaged in cross-border trade.
Navigating India's Evolving Domestic Tax Landscape
Recent judicial rulings and CBDT notifications continue to shape the interpretation and administration of India's direct tax laws. This edition analyses key decisions on the Black Money Act, charitable trusts, tax-neutral demergers, and significant CBDT notifications, offering practical insights into the evolving domestic tax landscape and their implications for taxpayers and businesses.
Judicial Developments Shaping India's GST Landscape
GST regime continues to evolve through important judicial interpretations that influence tax administration and compliance. This edition brings together key High Court decisions addressing corporate guarantees, recovery proceedings against legal heirs, multiple GST registrations, and the limits of writ jurisdiction, offering valuable guidance for navigating complex GST disputes.
Advancing Gender Equality Through ESG
As ESG becomes central to long-term value creation, gender equality has emerged as a strategic priority for businesses and policymakers alike. This edition examines the role of women in strengthening workforce participation, leadership, climate resilience, and governance, while showcasing the opportunities and actions required to build a more inclusive, resilient, and sustainable economy.
Navigating India's Evolving Corporate & Regulatory Landscape – Quarterly Insights | July 2026
As India's corporate and regulatory framework continues to evolve, staying abreast of legislative changes and professional guidance is essential. This edition brings together the quarter's key developments across Company Law, SEBI, NFRA, labour regulations, financial reporting, and audit, providing timely insights into the regulatory changes influencing corporate governance, compliance, and professional practice
CNK in the News: Outlook Business
New Tax Bill to Boost Investment in India
The proposed Taxation and Other Laws (Amendment) Bill, 2026 introduces measures to attract foreign investment and strengthen India’s electronics manufacturing and data-centre sectors, while providing greater tax certainty to businesses.
Our Partner, Pallav Pradyumn Narang, was quoted by Outlook Business on how the proposed reforms could encourage long-term investment in electronics manufacturing and support the growth of India’s data-centre infrastructure.
Read the full article in Outlook Business for a detailed analysis of the proposed changes and their implications for businesses and investors.
CNK in the News: The Economic Times
ITAT Ruling: Third-Party Records Alone Cannot Establish Undisclosed Property Payments
The Mumbai ITAT has held that third-party documents recovered during a builder’s search cannot, by themselves, justify a tax addition under Section 69A without independent corroborative evidence.
Our Partner, Pallav Pradyumn Narang, in The Economic Times sheds light on the evidentiary requirements under Section 69A and why a direct, corroborated link is crucial.
Day Counter for Residential Status Tracking
Tracking travel days across multiple years should not require reconstructing passport stamps and flight records at the end of the year. Our new travel-day tracker helps NRIs and globally mobile individuals maintain a year-wise record of their days in India and overseas, with an export that can be used for a preliminary residential-status review or shared with their Chartered Accountant.
Ind AS, IFRS & ISSB Quarterly Update – July 2026
Stay updated with the latest developments in Ind AS, IFRS and ISSB. Our July 2026 quarterly update covers major announcements on IFRS 20, IFRS 17 implementation, sustainability disclosures and global assurance standards, along with their implications for financial reporting and corporate governance.
CNK in the News: Mint
RNOR Status: A Tax Window That Requires Careful Planning
For returning NRIs, RNOR status can provide a valuable transition period before worldwide income becomes taxable in India. However, the benefit depends on carefully monitoring residential-status conditions and the timing of foreign income and asset transactions.
CA Pallav Pradyumn Narang, Partner, CNK RK & CO, highlighted in Mint that the 9/10-year and 729-day tests must be tracked closely, as a change in RNOR status can bring foreign-income taxation and Schedule FA disclosure requirements into effect.
Read more about RNOR, its tax implications and key planning considerations in the featured article by Mint.
MHA Notifies FCRA Amendment Rules, 2026 – Key Changes for NGOs, Trusts and Societies
The Ministry of Home Affairs (MHA) has notified the Foreign Contribution (Regulation) Amendment Rules, 2026, introducing significant changes to the registration, governance and compliance framework for organisations receiving foreign contributions. The amendments strengthen disclosure requirements, introduce new compliance obligations and require existing FCRA-registered entities to meet additional filing requirements. Organisations should review the changes and take timely steps to ensure continued compliance.
Investing in a Sustainable Future: Quality Education through an ESG Lens
Education is a key driver of sustainable development, fostering equality, innovation, and long-term economic growth. This edition of our Sustainability Newsletter explores SDG 4 – Quality Education through an Environmental, Social, and Governance (ESG) perspective, highlighting the importance of sustainable learning practices, inclusive access to education, and responsible policy initiatives.
The newsletter examines the environmental impact of traditional and digital education, the role of technology in bridging learning gaps, and the need for greater public investment to create an equitable, skilled, and future-ready workforce. It also highlights how collaborative efforts by governments, businesses, and civil society can help build a more inclusive and sustainable education ecosystem.