New provisions for tax deducted at source (TDS) under the GST law require foreign e-commerce firms to register in every Indian State. Read to know the details.
In this week’s Regulatory Brief, we notify of the RBI’s latest confirmation that bank accounts must be linked with Aadhaar identification, stricter implementation of MPS norms by SEBI, and reporting requirements for high-value transactions.
GST Relief for Exporters, Small Businesses and Crackdown on Shell Companies – India Regulatory Brief
In this week’s Regulatory Brief, we look at the latest decisions from the October meeting of the GST Council, the federal approval of foreign investments in single brand retail, and the government’s crackdown on black money operations.
In this week’s Regulatory Brief, we briefly discuss the drawback duty rates for exporters in India under the GST regime, the new deadlines for linking the Aadhaar biometric identification with all other identity proofs in India, and the government’s move to rank states based on their startup ecosystem.
Cess Hike on Motor Vehicles and Revision of GST Rates, New Permit Requirements for Foreigners – India Regulatory Brief
In this week’s Regulatory Brief, we discuss the decisions of the latest GST Council meeting, the notification of new registration, residential permit, and stay visa requirements for foreigners in Chennai, and a credit guarantee fund for eligible entrepreneurs under Startup India.
Right to Privacy Ruling Impacts Aadhaar, FDI Restrictions for Power Grid, Telecom – India Regulatory Brief
In this week’s Regulatory Brief, we briefly discuss the Supreme Court’s landmark judgment on the ‘Right to Privacy’ as a fundamental right, and its implications on the administration of Aadhaar; the government’s ban on gold exports, and power and telecom industry regulations.
GST Council Finalizes E-Way Bill, CBDT Clarification on Non-Resident Tax Filing – India Regulatory Brief
In this week’s Regulatory Brief, we highlight the tax rates revised by India’s GST Council in its 20th meeting, the e-way bill provision under GST, and the clarification issued by the CBDT regarding financial reporting requirements for non-residents in its new Income Tax Return – 2 form.