Swedish Investments in India: Business Reforms, Make in India Improve Long-Standing Ties
Sweden is a long time investor in India, with Swedish firms setting up operations in India before its independence. We examine the factors behind this evolving and growing relationship.
GST Compliance for Input Service Distributors, TDS, TCS in India
We discuss the GST returns for input service distributors, TDS for purchasers of goods and services when making payments to suppliers, and TCS for e-commerce operators in India.
India Fastest Growing Mobile App Market in 2018
India’s mobile app economy is thriving, showing a 41 percent annual increase in growth in the first quarter of 2018 and leading global app downloads – ahead of US and China.
India-Vietnam: A Comprehensive Strategic Partnership Emerges
Competitive labor costs, a large growing middle class, and the ease of setting up – are major draws for investors looking at Vietnam and India. Here, we discuss trade and economic ties between India and Vietnam, and growing business prospects for investors in the region.
Consumer Protection in India: LM Rules Now Apply to E-commerce, Notified Medical Devices
Consumer protection in India under the amended Legal Metrology Rules 2017 is now applicable to packaged commodities sold on online platforms and will regulate Notified Medical Devices as well.
GST Compliance for Non-Resident Businesspersons, Diplomats, UN Personnel in India
Last year saw an overhaul of the indirect tax system in India with the establishment of the goods and services tax (GST). Here we discuss GST compliance for non-resident businesspersons and diplomatic missions in India.
India’s New Accounting Standard ‘Ind AS 115’ Effective April 1, 2018
India’s new accounting standard, Ind AS 115, is in effect from April 1, 2018, and is aligned with the International Financial Report Standards (IFRS).
India’s Industrial Water Rates and Supply
Industry is the second largest consumer of water in India after the agriculture sector. We discuss the challenge of industrial water sourcing in India and approximate costs by state.