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Tax Rules in India in Effect from April 1, 2024

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FY 2024-25 begins April 1, 2024 and brings in no new changes to the tax rules in India per the federal government. We roundup the direct tax rules applicable for AY 2024-25 and certain Finance Act 2024 amendments to the indirect tax regime.

Outlook for the Flexible Workspace Sector in India

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Flexible workspace and co-working offices are seeing steady growth across Tier 1 and Tier 2 cities in India propelled by enterprise demand. We discuss the market outlook for this real estate segment in 2024 and 2025.

India Hopes to Replace Minimum Wage with Living Wage Standard by 2025: What We Know

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India is working with the ILO to establish a living wage standard that covers housing, healthcare, food, education, and clothing expenditure. The aim is to have this ready by 2025.

Investing in Odisha State in India: Economic Outlook and Opportunities

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We profile the eastern coastal state of Odisha in India and its leading industries and investment prospects.

India’s Regulation of AI and Large Language Models

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Presently, India lacks a dedicated regulation for artificial intelligence (AI). We outline some of the advisories, guidelines, and IT rules that offer legal oversight for the development of AI, Generative AI, and large language models (LLM) in India.

India’s New EV Policy Seeks to Attract Investments from Leading Firms like Tesla

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India’s new EV Policy seeks to tie-in lower tariffs and other incentives to investments made and expanding domestic value addition.

Why Foreign SMEs Consider Payroll Outsourcing in India

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Many SME companies in India, including foreign firms, are actively outsourcing their payroll services to ease the compliance burden and focus on core business growth goals.

Queensland and India Trade and Investment Scope: Key Growth Drivers

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Queensland dominates Australia’s trade with India and presents prospects for commercial partnerships and benefits under the AI-ECTA.

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