In this issue of India Briefing magazine, we take a look at the bilateral and multilateral trade agreements and DTAAs that India has in place.
The Rights of Persons with Disabilities Act, 2016 broadens the definition of a ‘disabled person’, and applies to both private and government establishments in India. Here, we briefly cover the major compliances required by the Act, which include having an Equal Opportunities Policy in place.
India and the Hong Kong entered into a double tax avoidance agreement on November 10, 2017. The DTAA will provide clarity regarding tax rates and tax jurisdictions; firms will now be taxed in only one of the signatory countries.
In the past ten years, India’s living and working environments have adapted to the increased influx of expatriates. Here we discuss key considerations that foreigners should note, including visa registration, sociocultural nuances, and HR and payroll norms.
India’s automatic exchange of information pact (AEOI) with Switzerland will take force in 2018, and the first exchange of information will take place in 2019. This will boost India’s efforts to track black money and curb tax evasion.
India’s federal tax body has sent tax notices to more than 200 companies in the IT sector claiming for return of export benefits enjoyed by such firms over the last 5 years plus service tax and fines. Here we briefly discuss the main contention.
India has released a 76 point National Trade Facilitation Action Plan (NTFAP), under the WTO’s Trade Facilitation Agreement (TFA). This article discusses how the TFA will ease doing business in India, reduce trading costs, and boost exports and imports.
Early this November, India’s capital city, Delhi, was engulfed in a toxic smog for over a week. Here we explore some of the contributing factors behind the city’s worsening air quality, measures to tackle it, and the impact on businesses.