Other Briefings
Effectiveness of Advance Pricing Agreements in India’s Complex Transfer Pricing Environment
We discuss India’s advance pricing agreement (APA) program, their sector-wise distribution, and usefulness amid a complex transfer pricing regime.
India’s Telecom Sector: Market Outlook and Regulatory Landscape
With a subscriber base of 1.20 billion, India’s telecom sector benefits from having the world’s second largest market, besides government support for technological innovation, infrastructure development, and equipment manufacturing.
Toyota Proposes Greenfield Investment in Maharashtra, Part of Diversification Strategy in India
Toyota Kirloskar Motor (TKM) plans to set up a new manufacturing plant in Maharashtra, marking a key step in expanding its presence in India.
Customs Duty in India: Rate Changes Under Union Budget 2024 to Boost Local Manufacturing
In the Union Budget 2024-25, Finance Minister Nirmala Sitharaman proposed reducing or removing customs duties on various items and announced a comprehensive review of the customs duty rate structure to simplify trade.
India to Enforce Mandatory BIS Standards for Chemicals and Petrochemicals
India will implement mandatory BIS standards for chemicals and petrochemical products, applicable on both domestic manufacturers and imports.
Old vs New Income Tax Regime in India: How to Choose the Right Tax Option
We discuss the old and new income tax regimes and the changes announced in the Union Budget 2024-25 to assist taxpayers in making an informed choice.
India to Consider Easing Rules for FDI and Overseas Investments
India’s Department for Promotion of Industry and Internal Trade (DPIIT) will establish strict timelines for various government agencies and departments to expedite the clearance of foreign direct investment (FDI) proposals in prioritized sectors.
India to Abolish 2% Equalisation Levy on Non-Resident Digital Companies from August 1, 2024
India will abolish the 2 percent equalization levy on a broad range of services provided by offshore technology firms from August 1, 2024.
