A Delhi appellate tribunal has held that even non-resident shareholders, such as foreign investors, can access the beneficial tax rate on dividend income.
Find out the daily coronavirus updates from India and new developments affecting the country’s business and foreign investment landscape.
India continues to impose international travel restrictions due to COVID-19, with certain exceptions.
Delhi’s state government has promised to end its license permit raj for restaurants in the capital and abolish unnecessary charges and compliance requirements.
Through incentives rolled out in its latest manufacturing policy, Tamil Nadu wants to raise production output to US$100 billion by 2025.
The Indian Railways is making it easier to track freight consignment, access information on various discounts and schemes via its new portal.
Businesses will find that the new codes will make it easier for them to manage labor compliance and implement flexible staffing practices.
The Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Bill, 2020 extends compliance deadlines and promises tax relief to key groups.