Other Briefings
Where Are Indian States Putting Their Money?
Recently, India’s Union Budget for FY 2015-16 outlined the federal government’s economic vision for the country. Behind the front page headlines, one of the most overlooked and important aspects of the Union Budget was an increase in states share of federal government taxes
Indian Economy Now World’s Third Largest Says World Bank
A report released Tuesday by the World Bank’s International Comparison Program ranks India as the world’s third largest economy in terms of purchasing power parity (PPP).
Understanding Annual Audit in India: An Overview
In an excerpt from India Briefing Magazine, we provide important tips for the smooth navigation of the country’s audit regulations and accounting standards.
DIPP to Weigh FDI in Railways Next Week
India’s Department of Industrial Policy & Promotion (DIPP) announced today that it will fast-track a decision on foreign direct investment (FDI) in railways next week, in a push intended to expedite a decision on the matter before general elections are announced.
India May Soon Liberalize FDI in E-commerce, Railways and Construction
Jan 6. – After foreign direct investments (FDI) into India slowed considerably in the April-November period of the current fiscal year, Prime Minister Manmohan Singh pledged India would push through further reforms to ensure a “hospitable” environment for FDI.
Christie’s Debuts First Major Art Auction in India
India’s luxury goods market is the world’s fastest growing Dec. 20 – The international art dealer Christie’s has just held its first auction in India. 83 lots of high value paintings and sketches, including works by Tyeb Mehta and Amrita Sher-Gil were on offer. Estimates for the total lot came to US$6-8 million. The art auction market in india […]
Survey: Bangalore on the Rise
In a recent survey conducted by the Global Initiative for Restructuring Environment and Management (GIREM) and real estate consultancy firm DTZ, Bangalore has been ranked as India’s top business destination in terms of infrastructure, human capital, city culture and basic quality of living.
India Drafts Safe Harbor Policy to Reduce Transfer Pricing Disputes
India’s Ministry of Finance has released a draft proposal with new rules governing the safe harbor policy for transfer pricing calculations, aiming to simplify and codify the country’s transfer pricing scheme
