We provide a tax compliance calendar for June 2023 that highlights important India income tax and GST due dates and obligations.
India has updated its flagship scheme for the semiconductor sector, with a Modified Program seeking fresh applications from new and old applicants starting June 1, 2023.
In Tokyo, on May 30, the Chief Minister of Tamil Nadu, MK Stalin, oversaw the signing of an MoU between Guidance Tamil Nadu and Omron Healthcare.
A survey by a fintech platform has shown that NRIs demonstrate a positive perception of India as a market delivering higher investment returns.
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In Tokyo, on May 30, the Chief Minister of Tamil Nadu, MK Stalin, oversaw the signing of an MoU between Guidance Tamil Nadu and Omron Healthcare.
The India-Australia migration and mobility pact intends to encourage the exchange of students, graduates, researchers, and businesspeople.
We discuss the foreign investment scope in Madhya Pradesh, its progressive policies, sector-linked incentives, and key infrastructure.
A survey by a fintech platform has shown that NRIs demonstrate a positive perception of India as a market delivering higher investment returns.
We provide a tax compliance calendar for June 2023 that highlights important India income tax and GST due dates and obligations.
Effective July 1, 2023, the Indian government has increased the tax on outbound remittances from 5% to 20% - with certain exceptions.
GST e-invoicing will become mandatory for all businesses in India with an annual turnover of over INR 50 million starting August 1, 2023.
This tax compliance calendar for May 2023 outlines the income tax and GST related deadlines and reporting requirements for businesses in India.
Indian companies can't use DTAA to offset liability towards DDT, ruled by income tax appellate authority, for Total Oil India Pvt Ltd's case.
Fast-track mergers and acquisition (M&A) proposals in India will now benefit from an even more simplified process from June 15, 2023.
Foreign entities and professional service providers should be alert to any changes in the application of reporting obligations.
We discuss the new reporting rules for regulated entities (REs) in India to ensure all wire transfers meet anti-money laundering guidelines.
Failure to link PAN and Aadhaar by June 30, 2023 will render PAN inoperative, limiting taxpayers from important financial activities such as filing tax returns, using banking services, and conducting stock market transactions.
Nominee addition to Demat account is essential to prevent account freezing, and allow investors to trade in Indian stock market.
India is expected to greenlight the Vedanta-Foxconn JV (VSFL) if it provides the necessary details of its binding technology transfer arrangements with either STMicro or GlobalFoundries.
India has notified the rules and incentives for the PLI Scheme 2.0 for IT Hardware. Companies interested can apply from June 1, 2023.
India has updated its flagship scheme for the semiconductor sector, with a Modified Program seeking fresh applications from new and old applicants starting June 1, 2023.
There are currently three main contract manufacturers producing Apple products in India. We discuss where they are based and scope for investment.
India's logistics in 2023 is benefiting from various trends aimed at its transformation, including infrastructural capex spend and technological innovation.
We introduce India's National Pension System (NPS), which also covers private sector subscribers. Payments to the NPS may have tax benefits.
We note key tasks on the personal finance checklist for individuals in India as the country's financial year ends March 31, 2023.
Karnataka will allow 12-hour work days in industries - but capped at a 48-hour work week, night shifts for women, and a maximum of145 overtime hours in a 3-month period.
Here are a few popular investment options in India for income tax saving under the old tax regime under Sections 80C, 80CCC, and 80CCD (1).
India has relaxed international travel restrictions imposed during the COVID-19 pandemic.
Dezan Shira & Associates is a pan-Asia, multi-disciplinary professional services firm, providing market entry, legal, accounting, tax, HR, technology and operational advisory to international investors.
Asia Briefing publishes articles, magazines, and guides on doing business in Asia. Dezan Shira & Associates has produced the publication since 1999.
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