India Briefing News

Apple’s Contract Manufacturers and Component Suppliers in India


There are currently three main contract manufacturers producing Apple products in India. We discuss where they are based and scope for investment.

Status of India’s Digital Competition Law


The government appointed CDCL panel is examining the need for an ex-ante regulatory mechanism for the Indian digital market. We discuss the implications for the prevailing antitrust regime in India.

India’s Economic Rise: How Global Tech Giants are Chasing the Next Big Growth Engine


India stands as a tech haven, with major tech firms like Apple, Microsoft, and Meta witnessing exponential growth and showcasing the country’s resilience, driven by strategic positioning, a commitment to digitalization, and demographic advantages.

ICAI Releases Draft Auditing Standards for LLPs in India, Seeks Public Comments by January 6


The Institute of Chartered Accountants of India has released an exposure draft for public comments until January 6, 2024, proposing new auditing standards for Limited Liability Partnerships (LLPs) in India to align them with prevailing corporate auditing norms.

Understanding How the Concept of Significant Economic Presence Applies in Indian Taxation


We explore tax provisions on ‘significant economic presence’ in India and compare with the equalization levy liability amid stakeholder concerns.

CBIC Directs Tax Officials in India to Upload GST Tax Notice Summaries Online


CBIC directs tax officials to upload digital summaries of GST notices, per law, for compliance transparency and streamlining bureaucracy.

India’s Outlook for 2024-25: Key Growth Areas and Investment Prospects


We discuss India’s economic outlook for 2024-25 and promising sectors for foreign investment as the country enters a general election year.

India’s Semiconductor Sector: Tracking Government Support and Investment Trends


We track India’s efforts to facilitate foreign investment into its indigenous semiconductor industry (developing fabs. chip design, ATMP).

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