Other Briefings
India’s Minimum Wage Structure: A Brief Explainer
Understanding India’s minimum wage structure is a complicated matter, especially for foreign businesses. This article intends to serve as a brief explainer: addressing frequently asked queries on how India views the minimum wage, how it is fixed, and how it is implemented.
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.
India Starts Free Trade Negotiations with the Eurasian Economic Union
The Eurasian Economic Union and India will sign a deal this Saturday paving the way for negotiations on a future free trade zone agreement. This article discusses the latest developments and their impact on India – Russia trade and business relations.
MAT Audit in India: Tax Department Notifies Revised Reporting Form 29B
India’s income tax department has notified the revised Form 29B for Minimum Alternate Tax (MAT) audit reporting under the Income Tax (22nd Amendment) Rules 2017. This article tracks the latest tax update, and briefly explains the application of MAT in India.
Australian Investment into India: Skill India, Clean Energy Market
Australian investment prospects in India are growing. In this article, we focus on opportunities emerging in two key industries – education and clean energy. Finally, we discuss the benefits of investors approaching India on a state-by-state basis.
FMCG Firms Target India’s Rural Markets, Metro Rail for New Cities Ahead of Elections – India Market Watch
In this week’s Market Watch, we discuss leading FMCG firm Mondelez’s business strategy in India in the wake of demonetization and GST, the termination of McDonald’s India subsidiary franchise agreement with Connaught Plaza Restaurants Pvt. Ltd, and the expansion of metro rail across multiple states.
Remitting Money from India – Choosing the Right Repatriation Strategy
Funds can be repatriated from India to other countries in various ways, but can entail foreign exchange risks, tax, and regulatory risks. This article discusses the various strategies a company may utilize when repatriating funds from India, including the associated legal and tax concerns.
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.
