Other Briefings
India’s Minimum Wage Structure: A Brief Explainer
Understanding India’s minimum wage structure is a complicated matter, especially for foreign businesses. This article intends to serve as a brief explainer: addressing frequently asked queries on how India views the minimum wage, how it is fixed, and how it is implemented.
India Starts Free Trade Negotiations with the Eurasian Economic Union
The Eurasian Economic Union and India will sign a deal this Saturday paving the way for negotiations on a future free trade zone agreement. This article discusses the latest developments and their impact on India – Russia trade and business relations.
MAT Audit in India: Tax Department Notifies Revised Reporting Form 29B
India’s income tax department has notified the revised Form 29B for Minimum Alternate Tax (MAT) audit reporting under the Income Tax (22nd Amendment) Rules 2017. This article tracks the latest tax update, and briefly explains the application of MAT in India.
Australian Investment into India: Skill India, Clean Energy Market
Australian investment prospects in India are growing. In this article, we focus on opportunities emerging in two key industries – education and clean energy. Finally, we discuss the benefits of investors approaching India on a state-by-state basis.
Remitting Money from India – Choosing the Right Repatriation Strategy
Funds can be repatriated from India to other countries in various ways, but can entail foreign exchange risks, tax, and regulatory risks. This article discusses the various strategies a company may utilize when repatriating funds from India, including the associated legal and tax concerns.
Canadian Investments into India Grow – Appeal of Expanding Economy, Stability, and Reforms
Canadian FDI into India reached an estimated US$14 billion in 2016. We discuss why Canadian investors see India as an ideal destination for stable, long term investments, and the need to re-brand Canada’s image as an important foreign investor in India.
Five GST Myths Busted
The goods and services tax (GST) – the biggest tax reform in India – came into effect July 1, 2017. This article notes five key facts for businesses to clear prevailing misconceptions and myths surrounding the GST.
GST Timeline: 2000-2017
A historical timeline of the key developments and concerns, including political actors involved, legislative decision-making, constitutional amendments, and economic judgments — that culminated in the implementation of the Goods and Services Tax (GST) in India from July 1, 2017.
