On July 30, 2025, US President Donald Trump announced a 25 percent tariff on Indian exports starting August 1, 2025, citing stalled trade negotiations and policy concerns.
India has emerged as the top smartphone exporter to the US in Q2 2025, driven by Apple’s production shift and Tamil Nadu’s rise as a key manufacturing hub amid global supply chain realignment.
India’s Income Tax Department released ITR Forms 1 and 4 on July 11, 2025, following the rollout of ITR Forms 2 and 3 in May. Key updates include changes to capital gains reporting, revised LTCG exemptions, and form-specific compliance rules.
Gain a comprehensive understanding of overtime regulations in India, including legal requirements for double pay and key updates on working hours and state-specific overtime provisions.
India Briefing has developed into a premium source for insight on doing business in India. It publishes business news concerning foreign direct investment into India, including the most important tax, legal and accounting issues. The India Briefing Magazine was first published in 2009, and is contributed to by investment professionals based in India.
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