Startups in India: New Business Relaxations, Eligibility Criteria Announced
Startups in India will now benefit from more relaxations under the Companies Act, 2013 – a move that will reduce compliance requirements and allow for operational flexibility. This article discusses the new changes, and the latest definition of startups in India as recognized by the government.
The US – India Economic Relationship
On June 26, India’s Prime Minister Narendra Modi made his first visit to the White House under Donald Trump’s presidency. In this article, we offer an analysis of the meeting in the wider context of US—India business ties.
Farmer Unrest in India: Weak Infrastructure and Vulnerable Supply Chains
India’s farmer strikes last month crippled shipments of foodstuff to major Indian cities. In this article, we explain what led to the massive labor unrest, persistent problems in India’s food supply chains, and how foreign companies in the food retail sector can safeguard against such contingencies.
GST Returns Filing in India: All You Need to Know
The GST gets rolled-out on July 1, and will replace India’s current system of indirect tax. In this article, we provide a brief description of the types of returns that will need to be filed once the goods and services tax is launched, and the various categories of tax payers recognized by the GST system.
India Abolishes FIPB. What Does it Mean for Foreign Investors?
Last month, the Indian government eliminated the foreign investment promotion board (FIPB), established 25 years ago as a single-window clearance for all foreign direct investment. In this article, we explain the new regulatory landscape for foreign investment in a post-FIPB era.
Indian Government Notifies New Safe Harbor Rules
On June 7, 2017, the Central Board of Direct Taxes (CBDT) in India revamped the safe harbor rules to enlarge the scope of transactions under it. In this article, we discuss what these rules mean and the revised provisions under it.
Beef Ban in India: Repercussions for Meat, Leather, and Dairy Industries
The Indian federal government’s new ‘beef ban’ is producing anxiety in three large industries: meat, leather, and dairy. In this article, we explain the new Livestock Market Rules, 2017 and its repercussions for the industries that rely on buffalo.
Ports in India: Government Incentives for Investment
India’s geographical location offers it a great opportunity to become a maritime hub, given its access to major international trade routes across the Indian Ocean between Europe and Asia. In this article, we cover the main regulatory incentives and federal policy measures for the port sector in India.