Legal & Regulatory

India Raises Cap for Foreign Institutional Investors

by

Sept. 27 – India has raised the cap for foreign institutional investors (FII) wanting to invest in government securities and corporate bonds by US$5 billion each. Investment in government securities will now be allowed for up to US$10 billion from US$5 billion and corporate bonds limit increased to US$20 billion from US$15 billion. The change […]

Online SEZ Applications to Begin in October

by

Sept. 24 – Companies wanting to establish units in special economic zones in India may begin applying online starting October as part of government efforts to cut down transaction costs and attract more business. “The benefit would be that units would be able to do transactions very fast. Their transaction cost will be reduced dramatically…We […]

DIPP: Allow JVs with Small Foreign Stakes to Enter Restricted Sectors

by

Sept. 23 – The Department of Industrial Policy and Promotion is voicing its opposition to a new proposal that would forbid companies with small levels of foreign funding to be allowed to enter restricted sectors. The agency is urging the finance ministry to reconsider the proposed policy that would keep out companies with even the […]

New SEZ Applications to Begin Oct. 21

by

Sept. 21 – Authorities will be accepting new special economic zone applications beginning October 21. This month, Commerce Secretary Rahul Khullar went through the approval of 11 new SEZs. India’s SEZs have been instrumental in enticing investments and providing jobs although there are fears that this may change as the SEZ Act that allows generous […]

India Approves Rs.9.3 Billion E-Courts Project

by

Sept. 20 – India has approved a Rs.9.3 billion project that will help modernize and streamline its judiciary. The E-Courts Project will let people easily verify information on case status and verdict as well allow video conferencing facilities at courts and prisons. The project is part of government efforts to establish an National e-Governance Plan […]

New Simplified Labor Law Cleared Today

by

Sept. 17 – Today India approved the newest version of the labor law that simplifies procedures; helping small business file returns easier. The Labor Laws (Exemption from Furnishing Returns and Maintaining Registers by Certain Establishments) Amendment Bill 2010 was approved by India’s Cabinet and will be submitted next to Parliament. Under the new law, small […]

India Approves 11 Special Economic Zones

by

Sept. 17 – The Indian government gave the go signal to establish 11 special economic zones in the country with five of the IT related zones located in Karnataka in southwest India. Ten of the SEZs have been officially approved while one was given an in-principle approval for a pharmaceuticals SEZ to be built by […]

India to Consider Taxing Subsidiary Mergers

by

Sept. 15 – Government revenue authorities in New Delhi are considering taxing subsidiaries merging with their parent companies with a stamp duty ranging from 0.15 percent to 6 percent. This may mean that the Indian Stamps Act 1899 that exempts stamp duty when a subsidiary merges with its parent company risks being dissolved when the […]

Showing 8 of 677 articles
Events in India All Events

Our free webinars are packed full of useful information for doing business in India.

Related reading
  • The IT Sector: Time to Invest in India
  • Tax, Accounting and Audit in India 2017-18 (3rd Edition)
  • India's Digital Payments Future
  • An Introduction to Doing Business in India 2017
Back to top