I got you covered with your subscription concern, @ankurarora-sme.
I'd like to share an update regarding the subscription plan for QuickBooks Online India.
The QBO subscription has been changed to Monthly billing after the accounts were transferred to online billing. This is the reason why annual subscription is no longer an option. For customers in Annual billing will be charged monthly after year.
If you want to resubscribe to your account, you may follow these steps:
Click the Gear icon, then choose Subscriptions and billing.
Under Account activities, click Subscribe or Renew.