India’s Ministry of Corporate Affairs has introduced a key accounting exemption under AS-22 allowing companies to avoid recognizing deferred tax linked to the OECD Pillar Two Model Rules. The move simplifies financial reporting while requiring companies to disclose their potential exposure to the new global minimum tax framework.
Reduce your compliance burden with the Companies Companies Facilitation Scheme, or CCFS-2026, featuring massive fee concessions for annual returns, dormant status applications, and company closures.
Indian taxpayers earning foreign income must file Form 67 by March 31, 2026 to claim foreign tax credit for FY 2024–25. Learn who must file and how to comply.
Explore how Italian SMEs can benefit from the India–EU Free Trade Agreement through improved market access, tariff reductions, and supply chain opportunities in India.
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With crude prices hitting US$113.57 as of March 11, 2026, is India’s energy supply secure? Learn about the March 2026 Natural Gas Control Order, increased domestic LPG production, and India’s shift to sourcing crude oil from 40 different countries.
India’s recalibration of its land-border investment rules signals a pragmatic shift, loosening elements of Press Note 3 (2020) through the latest FDI revisions issued in March 2026, as New Delhi cautiously opens the door to Chinese capital while retaining strategic screening safeguards.
India has eased Press Note 3 restrictions by allowing sub-10 percent minority investments from neighboring countries through the automatic route and introducing a 60-day fast-track approval system for manufacturing sectors.
Explore how Italian SMEs can benefit from the India–EU Free Trade Agreement through improved market access, tariff reductions, and supply chain opportunities in India.
The India–EU FTA opens major opportunities for EU exporters and investors through tariff cuts, services liberalization, and integrated supply chains across India.
Discover how Virtual CFO services in India help foreign investors and growing businesses manage compliance, improve financial visibility, and scale efficiently.
India’s Ministry of Corporate Affairs has introduced a key accounting exemption under AS-22 allowing companies to avoid recognizing deferred tax linked to the OECD Pillar Two Model Rules. The move simplifies financial reporting while requiring companies to disclose their potential exposure to the new global minimum tax framework.
Indian taxpayers earning foreign income must file Form 67 by March 31, 2026 to claim foreign tax credit for FY 2024–25. Learn who must file and how to comply.
India will implement the new Income Tax Act 2025 from April 1, 2026 with a phased rollout of compliance forms and upgraded digital systems. Learn what the tax reform means for businesses and foreign investors operating in India.
As FY 2025-26 approaches its close, March 2026 represents a key compliance period under India’s direct tax framework. Businesses should review the March tax compliance calendar and ensure timely data reconciliation and reporting readiness.
Learn how foreign companies can protect their brand in India through trademark registration, IP strategy, and enforcement mechanisms in one of the world’s fastest-growing consumer markets.
Reduce your compliance burden with the Companies Companies Facilitation Scheme, or CCFS-2026, featuring massive fee concessions for annual returns, dormant status applications, and company closures.
Protecting and managing your intellectual property should be an essential step for any business seeking to establish its presence in a new market.
Protecting and managing your intellectual property should be an essential step for any business seeking to establish its presence in a new market.
India’s floor wage system under the Code on Wages, 2019, establishes a national wage benchmark that guides how minimum wages are set across states. Understanding its interaction with state-level minimum wage regulations is essential for businesses managing labor costs and compliance
As of March 2026, India hosts around 7 percent of the world’s semiconductor GCCs and employs nearly 20 percent of the global chip design workforce.
Sriperumbudur in Tamil Nadu is one of India’s most strategic high-value corridors, propelled by electronics production and a strong global OEM presence, including Foxconn. The region offers a scalable and de-risked platform for investment in India through 2026.
India’s Supreme Court will revisit the definition of “industry” under the Industrial Disputes Act, 1947, a ruling that could directly influence the interpretation and implementation of the Industrial Relations Code, 2020.
As of 2026, India’s orange economy is emerging as a high-growth services opportunity, spanning media, live concerts, AVGC, and creative industries, supported by policy reform.
India’s 2026 amendments to the New Drug and Clinical Trials (NDCT) Rules, 2019, materially improve the operating environment for pharmaceutical companies, contract manufacturers, and foreign investors by compressing approval timelines and reducing pre-licensing bottlenecks.
India’s floor wage system under the Code on Wages, 2019, establishes a national wage benchmark that guides how minimum wages are set across states. Understanding its interaction with state-level minimum wage regulations is essential for businesses managing labor costs and compliance
A recent judgment by the Karnataka High Court has clarified how Leave India Notices are issued to foreign workers in India, holding that immigration authorities need not separately hear the employee if compliance issues originate from the sponsoring employer.
The Karnataka High Court has clarified the GST treatment of expatriate employment in India, ruling that remuneration paid to foreign employees under a genuine employer-employee relationship is not subject to IGST under the reverse charge mechanism.
India’s Supreme Court will revisit the definition of “industry” under the Industrial Disputes Act, 1947, a ruling that could directly influence the interpretation and implementation of the Industrial Relations Code, 2020.
The Indian state of Uttar Pradesh has overhauled its Shops and Commercial Establishments Act, expanding statewide applicability and modernizing employer compliance. The latest updates include threshold-based coverage, digital registration, revised working hours, and stronger enforcement for businesses operating in the state.
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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