India's GST Overhaul Aims to Woo FPIs, Boost Brokerage Exports - Whalesbook

The Competitive Edge: GST Zero-Rating for Brokerage Services The Finance Bill 2026 introduces a significant recalibration of India's Goods and Services Tax (GST) regime, specifically targeting cross-border financial services. By proposing the omission of a key provision in the Integrated Goods and Services Tax (IGST) Act, the bill aims to classify brokerage and intermediary services rendered to ov…