Other Briefings
Restrictions Eased for Companies in International Financial Service Centers in India
The Indian government eased several restrictions for private companies in international financial service centers. These include granting such firms exemptions from several norms in the Companies Act, 2013. Read on to find out about the developments and how it can help companies do business in India.
India Regulatory Brief: Startups May Be Exempt from Local State Laws, Companies Act Norms Relaxed for IFSC Firms
In this week’s Regulatory Brief, we discuss the move to exempt startups from local state laws and the government’s changes to its VC funding scheme, the relaxation of Companies Act norms for IFSC firms, and the latest tax notifications from the CBEC and CBDT agencies.
India Regulatory Brief: Central Bank Raises ATM Withdrawal Limits and India, Singapore amend Tax Treaty
In this week’s Regulatory Brief, we look at increased withdrawal limits at ATMs, an amended tax treaty between India and Singapore and a credit scheme for small, medium and micro enterprises.
India Regulatory Brief: India Offers Tariff Reduction on China Goods and Telecom Imports to Be Screened from April 2017
In this week’s Regulatory Brief, we look at India’s latest trade concessions vis-a-vis China and ASEAN in the ongoing RCEP negotiations, the Indian government’s decision to start local inspection of telecom component imports from April 2017, and the Action 14 (BEPS Project) reform undertaken by India’s Ministry of Finance.
Bill on India’s Ports Approved
India’s government just approved the Major Port Authorities Bill, 2016, which is expected to transform the development and functionality of the country’s ports and boost investments into the shipping industry. Learn about how the government plans to make India’s major ports efficient and use them to grow the country’s economy.
India Regulatory Brief: New Income Tax Rules to Track Cash Post Demonetization and India, Qatar Sign Cooperative Pacts
In this week’s Regulatory Brief, we track the amendments to the income tax rules requiring reporting of cash deposits from November 9 to December 30, the government’s announcement of no tax on gold purchased out of legal income, and the cooperative pacts signed between India and Qatar.
SPICe – Company Incorporation in India
The Ministry of Corporate Affairs (MCA) recently announced new rules that will simplify and speed up the process for incorporating companies in India, branded as SPICe or Simplified Proforma for Incorporating Company Electronically. This article examines the new forms and their requirements.
India Regulatory Brief: High-Value Rupee Demonetization Updates and Government Slashes Prices of Life-Saving Drugs
In this week’s Regulatory Brief, we look at the latest steps taken by the Indian government to manage the implementation of the 500 and 1000 Rupee demonetization, the move by the DIPP to establish an ease of doing business tracking system in all government departments, and reductions in the prices of life-saving drugs in India.
