India Briefing News

India to Consider Easing Rules for FDI and Overseas Investments

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India’s Department for Promotion of Industry and Internal Trade (DPIIT) will establish strict timelines for various government agencies and departments to expedite the clearance of foreign direct investment (FDI) proposals in prioritized sectors.

Capital Gains Tax in India: An Explainer

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In India, any profit or gain arising from the sale of a capital asset is deemed as capital gains and is charged to tax under the Income-tax Act, 1961. We discuss the latest changes to taxation of capital gains introduced under the Union Budget 2024.

India to Abolish 2% Equalisation Levy on Non-Resident Digital Companies from August 1, 2024

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India will abolish the 2 percent equalization levy on a broad range of services provided by offshore technology firms from August 1, 2024.

India’s Union Budget 2024-25: Key Announcements

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India’s Union Budget 2024 has introduced measures targeting education, employment, skilling, and the middle class. Nine priority sectors have been identified and key changes introduced to the capital gains tax regime.

Top Off-Plan Projects in Sharjah for Indian Buyers

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Discover top off plan projects in Sharjah for Indian buyers. Explore luxurious apartments, villas, and townhouses in thriving communities.

Economic Survey of India 2023-24: Report Highlights

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The Economic Survey of India 2023-24 presented by finance minister Nirmala Sitharaman shows India on a “strong wicket and stable footing”. We look at the GDP growth projections and macroeconomic data for FY25.

India to Expedite Visa Process for Chinese Technicians Amid Industrial Concerns

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India is reportedly working on loosening the visa requirements of Chinese technicians in response to concerns from several companies.

India’s State-wise Merchandise Export Performance in FY 2023-24

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We discuss the changes in merchandise exports from India’s states in FY 2023-24, focusing on their key export items and the dynamics of global trade.

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