Other Briefings
Food Import Procedure in India and FSSAI’s Latest Regulatory Changes
We discuss the step-by-step procedure to import food products in India and FSSAI’s latest regulatory advisory which simplifies import procedures, reducing both time and costs for importers.
Important Financial Changes in India Effective October 2023: Impact on Businesses
We discuss key financial changes in India starting October 2023, including TCS rule revisions and updates to debit and credit card regulations.
Import Relief for IT Hardware Companies as India Encourages Local Production
Major IT hardware companies have held talks with the Indian government, leading to a postponement of import curbs. Instead, the focus is now on promoting local production alongside a new import management system.
Companies in India Can Hold Virtual AGMs and EGMs till September 30, 2024
Companies in India can hold their AGM/EGM meetings for 2023-2024 virtually until September 30, 2024, following a clarification from the MCA.
Procedure for Registration with India’s Special Value Branch
Importers must register with India’s Special Value Branch (SVB) if they are affiliated with their suppliers, as per Customs Department requirements. We discuss how customs authorities assess related party transactions and the registration process with the SVB.
India’s Digital Personal Data Protection Act, 2023: Data Privacy Compliance
India’s Digital Personal Data Protection (DPDP) Act 2023 will impact internet companies, mobile apps, and businesses handling citizens’ data. Enterprises will need to assess the fine print of the legislation to address their risk exposure and compliance requirements.
Draft Revisions to India’s Merger Control Regulations Governing Combinations
India’s draft Competition (Combinations) Regulations, 2023 released by the CCI, seeks to implement the amended Competition Act. It is open to the public for feedback till September 25, 2023. We discuss key provisions and proposed changes to the M&A landscape.
India’s LLP Amnesty Scheme 2023: September 1 to November 30
India’s Ministry of Corporate Affairs has recently launched the LLP Amnesty Scheme 2023, granting LLPs respite from late filings (Forms 3, 4, 11) till November 30, with streamlined processes and waived penalties, showcasing support for businesses.
