India’s Accession to UN TIR Convention to Boost Foreign Trade
In February, the Union Cabinet approved India’s accession to the Convention on International Transport of Goods under cover of TIR Carnets (TIR Convention). In this article, we discuss how the Convention might facilitate improved trade linkages via the INSTC, and with the EAEU and neighboring states.
India’s GST Rates for Goods and Services Released ahead of July 1 Implementation
Effective July 1, 2017, the GST will serve as a single value added tax, replacing the current structure of multiple taxes. In this article, we report on the final GST Schedules released for goods and services by the GST Council, and analyze the possible impact on consumers and businesses.
The RERA Act – An Explainer
India’s ambitious Real Estate (Regulation and Development) Act, 2016 (RERA) came into force May 1, 2017. In this article, we highlight the Act’s major rules and discuss its implications for key stakeholders as well as the challenges in its implementation under respective state governments.
Investing in India’s Kochi – A Port City and Emerging IT Hub
Kochi is an established port city and the largest cosmopolitan metropolis in the southwestern state of Kerala in India. Here, we briefly discuss the city’s importance as an investment destination, including its access to port and trans-shipment facilities and its IT infrastructure.
Payroll Processing and Compliance in India – New Issue of India Briefing Magazine Out Now
Businesses in India have to contend with a multitude of employment laws and regulations. This issue of India Briefing Magazine informs readers about the most updated calculation of payroll and gratuity in India, social security laws, and the benefits of outsourcing payroll processing.
A Guide to Franchising in India
India offers enormous potential for foreign franchisors who tailor their brand to fit into the country’s dynamic consumer market.
The Food Processing Industry in India: Investment Prospects
The food processing industry in India has gained prominence in recent years due to various factors. In this article, we highlight the key trends, growth drivers, and current challenges facing the industry, as well as important government policy initiatives targeting greater foreign investment into the sector.
The New Benami Act – Considerations for NRIs and Foreign Investors
The new Benami Transaction (Prohibition) Amendment Act, 2016 is an outcome of the Indian government’s war against ‘black money’. In this article, we discuss the strengthened provisions of the Act as it tackles tax evasion in India’s real estate sector.