India’s economic transformation has reached an inflection point where physical infrastructure, capital markets, and real estate converge to power the next era of high-quality growth.

This article explains the global shift in tax enforcement from treaty availability tests to deeper substance scrutiny, highlighting implications for treaty benefits, residency claims, GAAR, cross-border planning and compliance risk for multinational investors and businesses.

The conversation around Artificial Intelligence (AI) and climate action must move beyond technological optimism. The defining question is not whether India can build advanced AI systems, but whether those systems can materially reduce emissions, improve energy productivity and unlock credible climate finance at scale.

The Monthly Tax Bulletin February 2026 provides a concise overview of the latest direct tax, indirect tax, transfer pricing and FEMA developments, including judicial pronouncements, regulatory changes and compliance implications affecting Indian businesses and tax practitioners.