Other BriefingsDigital Services in India: Tax Applicability and Compliance
In India, 18% GST tax is applicable on digital services categorized as 'OIDAR'. We explain what services are considered OIDAR and relevant GST compliance.
Mandatory GST E-invoicing in India: Annual Turnover Threshold Lowered
GST e-invoicing will become mandatory for all businesses in India with an annual turnover of over INR 50 million starting August 1, 2023.
India Introduces Final Angel Tax Rules for Overseas Investments in Startups
India has finalized its rules for taxing overseas investments in startups in the country—commonly called the 'angel tax' provision. We discuss the valuation process for startup investors under the amended Rule 11UA.
Companies in India Can Hold Virtual AGMs and EGMs till September 30, 2024
Companies in India can hold their AGM/EGM meetings for 2023-2024 virtually until September 30, 2024, following a clarification from the MCA.
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Important Financial Changes in India Effective October: Impact on Businesses
Legal & Regulatory Oct 02 -
India's OIDAR Taxation Shift: Key Changes Effective October 1
Tax & Accounting Oct 01 -
Digital Services in India: Tax Applicability and Compliance
Tax & Accounting Oct 01 -
Investment Outlook for India’s Startup Ecosystem in 2023
Economy & Trade Sep 28 -
Import Relief for IT Hardware Companies as India Encourages Local Production
Economy & Trade Sep 28
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Economy & Trade
Investment Outlook for India’s Startup Ecosystem in 2023
Sep 28We explore India's startup investment trends during the funding winter since H2 2022 and the government's definitions of these enterprises.
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Import Relief for IT Hardware Companies as India Encourages Local Production
Economy & Trade Sep 27Major IT hardware companies have held talks with the Indian government, leading to a postponement of import curbs. Instead, the focus is now on promoting local production alongside a new import management system.
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India Will Not Impose Curbs on Imports of Laptops, PCs, Servers from Nov. 1
Economy & Trade Sep 24India has reportedly decided not to impose import restrictions on laptops, tablets, PCs, and servers from November 1, 2023. Per government officials quoted by media, an import management system is being put in place.
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JPMorgan Includes India in Emerging Market Debt Index, Paves Way for Billions in Investments
Economy & Trade Sep 22JPMorgan's inclusion of Indian securities in the GBI-EM index is anticipated to bring in investment flows of US$25-30 billion. The phased inclusion begins June 2024.
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Bengaluru, India: Foreign Investment Brief
Economy & Trade Sep 21In this investment brief of Bengaluru, the capital of Karnataka in South India, we discuss key industry opportunities, the city's living environment, and prevailing infrastructure.
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Selling to the Indian Market
Published: June 2023
This publication offers insights into different approaches for entering the Indian retail market and... -
An Introduction to Doing Business in India 2023 for EU Businesses
Published: June 2023This publication is designed to introduce to EU business stakeholders the fundamentals of investing ...
Tax & Accounting
Important Financial Changes in India Effective October: Impact on Businesses
Oct 01We discuss key financial changes in India starting October 2023, including TCS rule revisions and updates to debit and credit card regulations.
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India's OIDAR Taxation Shift: Key Changes Effective October 1
Tax & Accounting Sep 29Starting from October 1, 2023, OIDAR services provided for non-business purposes in India will no longer be exempt from GST taxation and will be subject to an 18 percent tax.
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Digital Services in India: Tax Applicability and Compliance
Tax & Accounting Sep 29In India, 18% GST tax is applicable on digital services categorized as 'OIDAR'. We explain what services are considered OIDAR and relevant GST compliance.
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India Introduces Final Angel Tax Rules for Overseas Investments in Startups
Tax & Accounting Sep 27India has finalized its rules for taxing overseas investments in startups in the country—commonly called the 'angel tax' provision. We discuss the valuation process for startup investors under the amended Rule 11UA.
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Preparing for Audit in India – New Issue of India Briefing Magazine Out Now
Tax & Accounting Sep 01In Preparing for Audit in India, we discuss the types of audit, reporting thresholds by entity type, and new technology applications. We also provide practical advice related to the GST audit process and explain compliance related to the audit trail function.
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An Introduction to Doing Business in India 2023 for EU Businesses
Published: June 2023This publication is designed to introduce to EU business stakeholders the fundamentals of investing ... -
Tax, Accounting, and Audit in India 2023-24
Published: June 2023This publication is designed as a comprehensive guide and will equip businesses and foreign investor...
Legal & Regulatory
Important Financial Changes in India Effective October: Impact on Businesses
Oct 01We discuss key financial changes in India starting October 2023, including TCS rule revisions and updates to debit and credit card regulations.
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Companies in India Can Hold Virtual AGMs and EGMs till September 30, 2024
Legal & Regulatory Sep 27Companies in India can hold their AGM/EGM meetings for 2023-2024 virtually until September 30, 2024, following a clarification from the MCA.
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Procedure for Registration with India's Special Value Branch
Legal & Regulatory Sep 20Importers must register with India's Special Value Branch (SVB) if they are affiliated with their suppliers, as per Customs Department requirements. We discuss how customs authorities assess related party transactions and the registration process with the SVB.
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India's Digital Personal Data Protection Act, 2023: Data Privacy Compliance
Legal & Regulatory Sep 18India’s Digital Personal Data Protection (DPDP) Act 2023 will impact internet companies, mobile apps, and businesses handling citizens' data. Enterprises will need to assess the fine print of the legislation to address their risk exposure and compliance requirements.
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Draft Revisions to India’s Merger Control Regulations Governing Combinations
Legal & Regulatory Sep 13India's draft Competition (Combinations) Regulations, 2023 released by the CCI, seeks to implement the amended Competition Act. It is open to the public for feedback till September 25, 2023. We discuss key provisions and proposed changes to the M&A landscape.
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Mergers and Acquisitions in India
Published: June 2022In this latest issue of India Briefing Magazine, we analyze the latest merger and acquisition (M&A) ...
Industries
India’s Auto Component Manufacturing Success and its Vision for EV Adoption
Sep 26In recent years, India's auto component manufacturing industry has seen a surge in Indian OEM suppliers, strengthening its position in the global automotive supply chain.
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India's Semiconductor Sector: Tracking Government Support and Investment Trends
Industries Sep 25We track India's efforts to facilitate foreign investment into its indigenous semiconductor industry (developing fabs. chip design, ATMP).
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Apple’s Contract Manufacturers and Component Suppliers in India
Industries Sep 22There are currently three main contract manufacturers producing Apple products in India. We discuss where they are based and scope for investment.
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India Approves Viability Gap Funding Scheme for Battery Energy Storage Systems
Industries Sep 19India's union cabinet has approved the Scheme for Viability Gap Funding for the battery energy storage systems (BESS) industry. The scheme envisages the development of 4,000 MWh of BESS projects by 2030-31, which will lower costs for the renewables sector.
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India’s Data Center Sector: Market Outlook and Regulatory Frameworks
Industries Sep 15India’s data center sector is poised for growth, helped by an expanding digital economy, high levels of internet penetration and widespread 4G connectivity slowly upgrading to 5G networks, as well as a mature IT services ecosystem. We discuss the market outlook, leading industry players, and relevant regulatory frameworks.
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Selling to the Indian Market
Published: June 2023This publication offers insights into different approaches for entering the Indian retail market and... -
Investing in India's Education Market
Published: October 2022In this issue of India Briefing Magazine, we provide readers with an overview of India’s education...
HR & Payroll
Annual Compliance for Employers in India Under Prevention of Sexual Harassment (POSH) Legislation
Aug 28India's Prevention of Sexual Harassment (POSH) Act and its corresponding Rules require a mandatory annual report to be submitted by the employer to the District Officer and is also part of reporting obligations to the Registrar of Companies.
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India Introduces Taxation Changes for High-Premium Life Insurance Policies
HR & Payroll Aug 19India has recently introduced a new tax rule for life insurance policies where any proceeds received from a life insurance policy with an annual premium exceeding INR 500,000 will be subject to taxation.
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A Guide to Minimum Wage in India in 2023
HR & Payroll Aug 08In this article we answer some frequently asked questions foreign hiring managers may have regarding the minimum wage in India.
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India Skill Report 2023: Findings on Talent Availability and Employability in Emerging Technologies
HR & Payroll Aug 03Recent reports on talent availability in India indicate some progress has been made in boosting employability for tech-driven sectors. Key skill gaps, however, remain. We discuss the data and top growth sectors to 2030.
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Emerging Talent Trends Shaping India's Dynamic Job Market in 2023
HR & Payroll Jul 14We delve into the talent management trends in India in 2023 that are influencing recruitment and corporate employee retention strategies.
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An Introduction to Doing Business in India 2023 for EU Businesses
Published: June 2023This publication is designed to introduce to EU business stakeholders the fundamentals of investing ... -
Human Resources and Payroll in India 2022
Published: May 2022The Human Resources and Payroll in India 2022 Guide discusses India’s laws and regulations and pro...
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