India Briefing News

Draft Income Tax Rules 2026: Streamlined Filing for Foreign Companies in India

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India’s tax administration has released the draft Income Tax Rules, 2026. The proposal streamlines the compliance framework, reducing it to 333 rules and 190 statutory forms. Public consultation remains open until February 22, 2026.

India Pitches Semiconductors, Clean Energy to Malaysian Capital During Modi Visit

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Prime Minister Narendra Modi’s visit to Kuala Lumpur, Malaysia, signals India’s push to attract Malaysian capital into semiconductors, clean energy, digital payments, and advanced manufacturing.

One Central Registration: India’s Answer to Labor Compliance Complexity

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India’s one central registration under the new labor codes streamlines employer registrations, licenses, and returns, while preserving statutory worker protections.

After 10 Months of Tariff Deadlock, US and India Find Common Ground on Trade

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The US and India have issued a joint statement on an interim trade framework that resets bilateral economic ties, cuts US tariffs on Indian goods to 18 percent, and delivers early market-access gains ahead of a full Bilateral Trade Agreement (BTA).

US to Reduce Tariffs on Indian Exports Within Days: India’s Commerce Minister

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The US is set to roll back tariffs on Indian exports from 50 percent to 18 percent within days, according to the commerce minister. The signing of a joint statement, expected between February 11 and 13, 2026, will activate the first phase of the India–US trade framework.

India’s New Insurance FDI Framework Takes Effect from February 5, 2026

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India’s liberalized insurance foreign direct investment (FDI) regime is now operational, allowing up to 100 percent foreign ownership from February 5, 2026, under the amended insurance laws.

CDSCO Introduces Online Risk Classification Portal for Medical Device Importers and Manufacturers

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India’s medical device regulatory authority, CDSCO, has rolled out a new online risk classification facility, allowing manufacturers and importers to confirm a medical device’s risk class before licensing—reducing uncertainty at a key stage of India’s regulatory process.

India’s Orange Economy: Creative Industries Outlook After Budget 2026

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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.

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