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of <h1>Foreign Companies Navigating New Tax Residency Rules Face Comprehensive Regulatory Framework Under Clause 220 Income Tax Bill</h1> Foreign companies becoming tax residents in India face new regulatory provisions under Clause 220 of the Income Tax Bill, 2025. The clause introduces a specialized taxation regime for companies transitioning to Indian residency, providing exceptions and modifications to mitigate potential hardships. It aims to prevent tax avoidance while ensuring fair treatment during residency reclassification, with mechanisms for compliance and potential benefit withdrawal if notification conditions are not met.
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