Digital Rupee Pilot Launch by the RBI on November 1, Targeting Wholesale Segment
India is test launching the digital rupee – only for the wholesale segment (e₹-W) – on November 1, 2022; nine banks are participating, including HSBC, HDFC, SBI, Kotak Mahindra, and ICICI.
Tax and Incentive Policies to Spur Investment in India’s Healthcare Sector
We look at the tax and FDI policies and reform initiatives promoting investment growth in the healthcare sector in India.
India’s Tax Authority Extends TDS Filing Deadline for Non-Salary Transactions to Nov. 30
The deadline for filing Q2 2022-23 TDS in Form 26Q is extended to November 30, 2022 to give more time to taxpayers facing difficulties.
India’s Tier 2 and Tier 3 Cities: Are They Right for Your Business?
Indian cities are classified on the basis of their population size. Foreign firms interested in locating in a Tier II or Tier III Indian city should carefully consider their options.
Everything You Need to Know About Digital Banking Units in India
As 75 digital banking units get launched across India, we discuss the scope of their services and participants in the program.
How High-Tech Innovation is Advancing India’s Healthcare Capabilities
HealthTech innovation, both software and hardware, is disrupting India’s healthcare ecosystem and creating new and niche foreign investment prospects.
Investing in India’s Education Market – New Issue of India Briefing Magazine Out Now
This issue of the India Briefing Magazine discusses foreign business opportunities in India’s education market and lists relevant tax, FDI, and legal provisions.
MSMEs in India Now Eligible for Non-Tax Benefits for up to 3 Years After Reclassification
MSMEs in India can avail non-tax benefits, such as the public procurement policy or relaxation for delayed payments, for up to three years after category change.