After GST, Services Sector Face New Challenges in India
The Goods and Services Tax (GST) is the biggest tax reform that is aimed at unifying and simplifying India’s complex tax structure. However, in short run it is set to have varying effects on different industries. In this article, we discuss the challenges that GST poses to India’s service industry.
India Market Watch: Fewer IT Jobs Created, India’s Realty Sector Leads Emerging Markets
In this week’s Market Watch, we examine the decline in new jobs created in India’s IT sector, impressive global investor confidence in India’s realty sector, and challenges facing fashion and lifestyle retail since demonetization and GST, reflected in sputtering sales.
Outsource Payroll Processing and Optimize your Business Operations in India
Given India’s constantly evolving tax and regulatory system, payroll processing can be a cumbersome and time consuming process for businesses. In this article, we briefly highlight the reasons why you should outsource your company’s payroll processing and the procedures to do the same.
New RBI Guidelines on Issuance of Masala Bonds
In a bid to strengthen India’s regulations governing external commercial borrowings, the Reserve Bank of India (RBI) recently came up with new guidelines on the issuance of ‘masala bonds’. In this article, we discuss what are masala bonds and the new requirements for its issuance.
India Regulatory Brief: Tax Filing for NRIs, No Environmental Clearance for Solid Waste Management Projects
In this week’s Regulatory Brief, we look at the latest GST update as businesses will be able to upload their invoices online from July 24, new reporting requirements for NRIs filing their tax returns, and exemption for most solid waste management projects from getting environment clearances.
India’s Retail Sector: Challenges and Opportunities for Foreign Investors
India’s regulatory framework on foreign direct investment in retail is one of the most complex in the world. In this article we offer advice on how best to navigate these regulations and access India’s dynamic consumer market.
India’s Employment Visa Procedures
Employment visas are an annual headache for foreign businesses and businesspeople in India. In this article, we provide a step-by-step guide to the current process of obtaining an employment visa in India.
India Market Watch: Japan Seeks Infra Investments in Northeast, Harvard Says India Fastest Growing Economy
In this week’s Market Watch, we look at improving commercial and economic bilateral ties as Japan seeks greater infrastructure investments in India’s northeast region to improve connectivity, the new data from the EPFO showing significant growth in its subscriber base, and results from Harvard’s latest survey that puts India on the top of the world’s fastest growing economies.