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LEI Compliance for Foreign Portfolio Investment in India

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Non-individual foreign portfolio investors (FPI) in India must submit their Legal Entity Identifier (LEI) details per directions from securities and market regulator SEBI.

Maharashtra’s IT-ITES Policy 2023: Key Points for Foreign Investors in India

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The Maharashtra IT-ITES Policy 2023 contains more sectoral and area-wise subsidies and exemptions, real estate and infrastructure support for IT Parks & data centers, besides 24/7 industry status under categorization as an essential service.

India-Japan Economic Partnership: Bilateral Trade, Infrastructure Projects, and Semiconductor Collaboration

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Semiconductors, decarbonization, manufacturing, and infrastructure projects are key areas of India-Japan investor collaboration. They overlap with India’s ambitious growth goals and economic development aspirations.

India’s Updated Sustainability Reporting Format and Rules for ESG Ratings Providers

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As global efforts mount to standardize ESG audits, India is mandating listed companies to make ESG disclosures for their value chains.

India’s Market Access Initiatives Scheme Offers Airfare Support for Start-ups and New Exporters

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India’s government has revamped the Market Access Initiatives (MAI) Scheme to provide financial incentives for exporters and start-ups.

India’s Legislative Agenda During the 2023 Parliament Monsoon Session

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We list the legislative bills expected to be tabled in the Monsoon Session of the Indian Parliament, to be held between July 20, 2023 to August 11, 2023.

Meeting the July 31 ITR Filing Deadline for AY 2023-24 in India: Implications for Businesses

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Timely filing and verification of income tax returns (ITR) are necessary for businesses in India to effectively navigate the tax system and avoid penalties and loss of tax benefits.

India Reopens PLI India Scheme for Technical Textiles and MMF Apparel and Fabric

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India has reopened the PLI Scheme Textiles for Promoting MMF and Technical Textiles application window after initial setbacks and no new plants set up in the last two years. Further, more clarity is provided following the release of updated HSN Codes in June 2023 for product segments targeted by the PLI Scheme.

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