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Indian Embassy takes tax reform outreach to Paris
Prarambh-2026 programme brings together French businesses, investors and Indian diaspora members to discuss tax reforms
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Ankita Baidya - Wed, 24, Jun 2026
- 05:24 EDT
- 33
Bhaskar Goswami, Joint Secretary at the Central Board of Direct Taxes, addresses participants during the Prarambh-2026. / X/@IndiaembFrance
The Embassy of India in Paris organized Prarambh-2026, an outreach event focused on India's new Income Tax Act, 2025, bringing together French companies, investors, tax professionals and members of the Indian diaspora to discuss recent tax reforms and investment opportunities.
The event was held in collaboration with the Franco-Indian Chamber of Commerce and Industry (CCIFI), with Ernst & Young (EY) serving as the knowledge partner.
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Bhaskar Goswami, Joint Secretary (FT&TR-II) at the Central Board of Direct Taxes (CBDT), delivered the inaugural address.
The programme included presentations and roundtable discussions on India's tax reforms, measures aimed at facilitating investment, and opportunities available through Gujarat International Finance Tec-City (GIFT City), India's financial and technology hub.
The Paris event forms part of the broader Prarambh-2026 (Policy Reform and Responsible Action for Mission Viksit Bharat) campaign launched by Finance Minister Nirmala Sitharaman on March 20. The nationwide campaign was designed to familiarize taxpayers, businesses and other stakeholders with the Income Tax Act, 2025, which came into effect on April 1, replacing the Income Tax Act, 1961.
En collaboration avec la CCIFI et avec EY en qualité de Knowledge Partner, l’Ambassade a organisé Prarambh-2026, un événement phare centré sur l’Income Tax Act, 2025.
— India in France (@IndiaembFrance) June 23, 2026
Lors de cet événement, M. Bhaskar Goswami, Secrétaire général adjoint (FT&TR-II) au Conseil central des impôts… pic.twitter.com/3bWTCzsF7W
For members of the Indian diaspora in France and elsewhere in Europe, the legislation includes provisions related to tax residency and overseas income reporting.
While the primary 182-day rule for determining tax residency remains unchanged, tax experts note that the law modifies certain provisions affecting non-resident Indians (NRIs) and Persons of Indian Origin (PIOs). For individuals earning ₹15 lakh or more from Indian sources, the earlier 60-day threshold used in specific residency calculations has been extended to 120 days.
The Act also provides that an Indian citizen earning ₹15 lakh or more from Indian sources who is not liable to pay tax in any other country may be treated as a tax resident of India under specified conditions.
In addition, the legislation expands reporting requirements related to offshore income and transactions involving Indian assets, including certain indirect transfers involving non-residents.
According to the government, the Income Tax Act, 2025 does not introduce new taxes. Instead, it seeks to simplify and reorganize the existing tax framework that had evolved through decades of amendments to the 1961 law.
Among the changes are a restructuring of chapters and provisions, the replacement of the term "previous year" with "tax year," and the discontinuation of the term "assessment year." The government has also introduced digital support tools, including an AI-enabled chatbot called, 'Kar Saathi', and an upgraded Income Tax Website 2.0 to assist taxpayers with compliance and information access.
The Paris outreach event was one of a series of engagements aimed at explaining the new law to businesses, investors and members of the global Indian community.
Discover more at New India Abroad.
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