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Income Tax 19 October 2026

India Tax Updates and Imran Khan Notices

Recent Indian fiscal moves include new UAE VAT rules that raise compliance costs for Indian firms, a proposed property tax cut in Lutyens' Delhi, and global investor pushback against judicial anti‑avoidance rules. Simultaneously, Bollywood actor Imran Khan faces multiple FRRO notices demanding explanation for his OCI status and a court‑ordered leave‑India order, while the country’s economy is projected to sustain historic growth above 7 percent.

UAE VAT changes affect Indian exporters: cash‑paid purchases above a set limit may lose input‑tax recovery, raising costs and paperwork. Read more

Imran Khan FRRO notices - The Mumbai FRRO issued a leave‑India notice requiring departure by 28 Oct 2026 and a second show‑cause notice questioning his OCI status after his presence at a protest site. Hindustan Times | Times of India

Property tax reform in Delhi - NDMC proposes a unit‑area tax system for Lutyens' Delhi with potential 20‑30% reductions; public feedback open until 23 Oct. Hindustan Times

Global investor backlash - Investors oppose India‑Mauritius treaty amendment that enables judicial anti‑avoidance rule use, fearing overreach. Economy Times

Economic outlook - India is on track for a historic growth streak with forecasts above 7% from major global bodies. Times of India

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