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Big Wins for Intermediate Services in Budget 2026! 🇮🇳 Major relief is here! The Finance Budget 2026 has officially removed the 18% GST on intermediate services like brokerage and commission agents for international transactions. Previously, even if you were providing services from India to a client abroad, you were hit with an 18% tax. Not anymore! This move is set to boost our service exports and make Indian intermediaries more competitive globally. 🌍✈️ Key Takeaway: * Old Rule: 18% GST on I
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Kunj Vaidya, Partner and Tax & Regulatory Services Markets Leader, PwC India, and Pratik Jain, Subject Matter Expert and Partner, Price Waterhouse & Co LLP, share their take on this year’s Budget, which they describe as historic for the balance it strikes between fiscal prudence and meaningful changes across tax policy. They highlight the shifts that matter for businesses and investors. Direct tax changes focus on long‑awaited simplicity and certainty, from clearer transfer pricing rules to rati
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