Other Briefings
India’s Digital Payments Future – New Publication from Dezan Shira & Associates
India’s Digital Payments Future discusses India’s move towards cashless transactions and the opportunities for foreign investors. The report is out now and available for complimentary download on the Asia Briefing publications bookstore.
GAAR to Take Effect in India from April 2017
General Anti-Avoidance Rules (GAAR) will take effect from April 1, 2017 in India and are aimed at plugging taxation loopholes. This article discusses the scope of GAAR norms as India seeks to align its tax avoidance regulation with international best practices.
Medical Devices Rules, 2017 Notified by India’s Health Ministry
The Indian government recently notified the Medical Devices Rules, 2017. The new rules fundamentally change the regulation of the medical devices industry, streamlining many domestic regulations with international best practices.
India’s Opportunities from Closer Ties with Russia
India is negotiating an FTA with the Eurasian Economic Union (EAEU) and will become a full member of the Shanghai Co-Operation Organization (SCO). This article discusses the trade and business opportunities that may open up as a result of this expanding bilateral relationship.
Foreign Law Firms to be Allowed in Indian SEZs?
The Indian government recently amended rules possibly allowing legal and accountancy services by foreign companies in special economic zones. Read on to learn about the implications of this development as the government remains keen to liberalize the country’s legal sector despite local opposition.
POEM to Determine Tax Residency in India from April 2017
The Central Board of Direct Taxes (CBDT) recently finalized the guidelines for Place of Effective Management (POEM) regulations in India, which will come into effect from April 1, 2017. In this article, we discuss the new POEM norms and how it compares with international standards.
Service Charge Notification Confounds Consumers, Industry in India
The government recently notified hotels and restaurants that service charges are voluntary, rather than mandatory. The notification has caused confusion for consumers as well as those in the service industry. This article explains the service charge notification and its effect in the market.
Going Cashless in India – What is Aadhaar Pay and How Does It Work?
The Aadhaar Pay app will diversify India’s digital payments infrastructure and encourage cashless consumer spending. This article explains what Aadhar Pay is and how it works.
