Other Briefings
Anti-Corruption Laws in India: Minimize Your Risk Exposure
The festive season in India involves the exchange of gifts; however, companies should note that certain exchanges may attract liability under various domestic and foreign anti-corruption statutes. This article highlights key compliance strategies for firms to minimize such risk exposure.
Ayurveda, Natural Consumer Segments Expand, Foreign Players Enter Wedding Industry – India Market Watch
In this week’s Market Watch, we take a look at the natural and Ayurvedic consumer segments in India’s FMCG industry, the entry of foreign firms in India’s lucrative wedding business, and the steady popularity of secondhand smartphones, which has diversified the mobile market.
Reverse Charge Mechanism in the Import of Services under GST
The new Goods and Services Tax (GST) regime introduces the reverse charge mechanism (RCM) to ensure the government receives tax on supplies of goods and services by unregistered suppliers. This article briefly discusses the mechanism.
Flexi-Staffing Industry in India: GST Impact, Regulations
Under GST, the tax rate on all staffing firms is pegged at 18 percent. This article discusses the impact of GST on the flexible staffing industry, and its impact on doing business in India.
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.
Cryptocurrency in India: Usage and Regulation
Bitcoin trading in India peaked to over US$3.5 million this September, albeit insignificant when compared to the U.S. trading volume. However, it is indicative of a growing appreciation of cryptocurrencies in India, and the country’s regulatory mechanisms are taking note.
Shutting Down India’s Shell Companies – Government Continues Anti-Corruption Drive
The federal government recently formed a team of top law enforcement officials to crackdown on shell companies. This article discusses the government’s latest moves in its anti-corruption drive.
Gujarat Hub for Electric Vehicles, E-commerce Wins Big in India’s Festival Season
In this week’s Market Watch, we discuss the boost to India’s retail segments coming from the long festive season from September, the country’s ranking by the WEF, and India’s push for making and using electric vehicles.
