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India’s 50th GST Council Meeting July 2023: Key Outcomes for Businesses

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This article highlights the key outcomes of 50th GST Council Meeting – July 2023, providing insights into changes in tax rates, exemptions, strengthening GST implementation, and measures aimed at enhancing compliance. 

28% GST Recommended on Online Gaming, Casinos, and Horse Racing in India: Implications for Businesses

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India’s 50th GST Council held in July 2023 imposed a uniform 28 percent tax on the full face value of online gaming, casinos, and horse racing. This article examines the impact of this recent decision on businesses operating in India.

India’s Skill Gaming Industry: Investment Outlook and Regulatory Landscape

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The skill gaming industry is keenly awaiting regulatory reform to attract greater investments and protect India’s largely young gaming population.

Regulatory Framework Governing Mergers and Acquisitions in India

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Businesses should note the company, securities, tax, foreign exchange, and sector-specific laws and regulations impacting M&A in India.

Merger Control Regime in India: Analyzing the 2023 Revisions to the Competition Law

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The Competition (Amendment) Act, 2023 in India introduces significant changes to the merger control regime. We discuss these key changes and the enforcement of various provisions.

India Unveils Draft Green Credit Program to Incentivize Sustainable Practices

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The draft Green Credit Program Implementation Rules 2023 will enable entities in India to earn ‘green credits’ as incentives for their sustainable methods and environmentally conscious business practices. We discuss how the program could work.

India Starts to Use Chinese Yuan to Pay for Russian Oil

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Indian refiners now use China’s RMB Yuan, moving away from US dollars, to pay for some Russian oil imports, showcasing India’s pragmatic approach to energy needs and embracing a preferred currency basket including the Yuan, Ruble, and Dirham.

Selling to the Indian Market – New Issue of India Briefing Magazine Out Now

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Selling to the Indian Market requires foreign companies to adopt a multifaceted approach that factors both specific business objectives and local sensitivities. Our magazine covers some of the do’s and don’ts in this market and discusses the attractive prospects for investing in India’s retail industry.

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