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BJP Stuns in Election Outcome, Congress Party in Disarray

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India’s governing Congress party has suffered heavy losses in three state elections and has narrowly lost in a fourth, with the Bharatiya Janata Party the clear winner across all the elections.

New Issue of Asia Briefing: The 2014 Asia Tax Comparator

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In this issue, we examine the different tax rates in 13 Asian jurisdictions – the 10 countries of ASEAN, plus China, India and Hong Kong. We examine the on-the-ground tax rates that each of these countries levy as well as residency triggers, available tax incentives for the foreign investor, and important compliance issues.

2013 Changes in Indian FDI Policy

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For foreign institutional investors (FII) and firms considering foreign direct investment (FDI), a familiarity with India’s recent changes in FDI policy is critical. Amendments made this year in Indian FDI policy impact a number of key business sectors, and in many instances eliminate the need for approval from the Indian Government before investing. Below, important amendments made to India’s foreign investment policy in 2013 are summarized.

Visa Applications and Registration in India

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When applying for a long-term visa in India, there are a number of procedures and legal frameworks that must be understood. In this article, we discuss the documents necessary for a foreigner to work in India.

New Issue of Asia Briefing: Work Visa and Permit Procedures Across Asia

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In this edition of Asia Briefing Magazine, we outline the specific documents required for foreign nationals working in China, India, Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam, as well as highlight the relevant application processes in each of these countries. Attention is also given to the role of the sponsoring company and the regulations they must adhere to.

India Drafts Safe Harbor Policy to Reduce Transfer Pricing Disputes

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India’s Ministry of Finance has released a draft proposal with new rules governing the safe harbor policy for transfer pricing calculations, aiming to simplify and codify the country’s transfer pricing scheme

India’s Special Economic Zones & Tax Incentives

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India has a number of SEZs located around its coastline, including Gujarat (Northwest), Mumbai (West coast), Noida (Delhi), Kolkata (Bay of Bengal), Chennai (East Coast) and Visakhapatnam (Southeast Coast). All of these are sited close to significant ports with excellent shipping and rail infrastructure.

New Issue of India Briefing: Trading with India

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This issue of India Briefing Magazine, Trading With India, focuses on the dynamics driving India as a global trading hub. Within this issue, you will find tips for buying and selling in India from overseas, as well as how to set up a trading company in the country. India is poised to become a major global sourcing center, and we hope this issue both educates and informs our readers how best to approach this growing market.

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