Other Briefings
India to Consider Easing Rules for FDI and Overseas Investments
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
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
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
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.
Economic Survey of India 2023-24: Report Highlights
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
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
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.
India’s Global Capability Centers Market Estimated to Reach US$110 Billion by 2030
India’s market for global capability centers (GCCs), also known as global in-house captives or GICs, is thriving, with a projected CAGR of 14 percent for the period from 2023 to 2030. We discuss India’s key appeal.
