Tax Audit Report for AY 2020-21 in India: Some Considerations
We discuss some recent tax concessions that should be reflected in audit reports for AY 2020-21 in India; taxpayers should keep track of any extensions in relevant filing deadlines.
India’s Healthcare Investment Outlook: A Brief Profile
We briefly profile the key segments open to foreign investors in India’s healthcare industry, including hospitals and medical tourism, diagnostics, and health insurance.
Tax Ruling Says Dividend Tax in India to be Based on Beneficial Treaty Rate
A Delhi appellate tribunal has held that non-resident shareholders, such as foreign investors, can access the beneficial tax rate on dividend income.
Tamil Nadu’s Incentives for Electronics Manufacturing in India
Through incentives rolled out in its latest manufacturing policy, Tamil Nadu wants to raise production output to US$100 billion by 2025.
India’s Taxpayers, FPI, Offshore Investors Promised Relief: Parliament Passes New Bill
The Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Bill, 2020 extends compliance deadlines and promises tax relief to key groups.
Corporate India Cautiously Optimistic in July-September Quarter: CII Business Outlook Survey
India Inc. expect the restart of business operations post lockdown to improve overall capacity utilization but profitability will suffer due to low demand.
After IT, Telangana Wants to be India’s Electric Vehicles Hub
Telangana’s new electric vehicle policy will mobilize greater investment into EV component manufacturing and developing energy storage solutions.
Manufacturing Toys in India: Import Regime, BIS Certification, and Planned Clusters
Several policies rolled out this year support the capacity for manufacturing toys in India, including import hikes, QC checks, and setting up SEZs and hubs.