Other Briefings
Major Industries and Preferential Policies for Foreign Investment in Gujarat
Gujarat is among India’s most advanced manufacturing bases and benefits from regularly updated industrial policies, export promotion schemes, incentives for foreign investments, and the presence of several well-connected industrial clusters. Multinational enterprises seeking to diversify their supply chains can tap into key clusters in this state.
Airbnb’s Contribution to India’s GDP Highlights New Trends in Travel and Hospitality Industry
We discuss how Airbnb’s influence on India’s GDP highlights fresh prospects in the travel and hospitality industry, driven by the shift towards local, unconventional experiences, technology-driven convenience, and a focus on sustainability and community engagement.
India’s Insurance Sector: Leveraging the Digital ‘Bima Sugam’ Portal
The Bima Sugam will function as a ‘one-stop-shop’ electronic marketplace in India’s insurance sector, and promotes better customer accessibility. With relaxed FDI norms in the sector, foreign firms stand to gain.
India-Baltic Economic Synergy Rooted in Tech and Innovation
The Baltic States—Estonia, Latvia, and Lithuania—are promising partners in the tech and innovation sectors for India. We take a look at the state of bilateral trade and investment relations.
Important Financial Changes in India Effective October 2023: Impact on Businesses
We discuss key financial changes in India starting October 2023, including TCS rule revisions and updates to debit and credit card regulations.
India’s OIDAR Taxation Shift: Key Changes Effective October 1
Starting from October 1, 2023, OIDAR services provided for non-business purposes in India will no longer be exempt from GST taxation and will be subject to an 18 percent tax.
Digital Services in India: Tax Applicability and Compliance
In India, 18% GST tax is applicable on digital services categorized as ‘OIDAR’. We explain what services are considered OIDAR and relevant GST compliance.
Investment Outlook for India’s Startup Ecosystem in 2023
We explore India’s startup investment trends during the funding winter since H2 2022 and the government’s definitions of these enterprises.
