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Digital Rupee Pilot Launch by the RBI on November 1, Targeting Wholesale Segment

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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

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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

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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?

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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

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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

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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

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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

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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.

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