India Briefing News

Startups in India: New Business Relaxations, Eligibility Criteria Announced

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Startups in India will now benefit from more relaxations under the Companies Act, 2013 – a move that will reduce compliance requirements and allow for operational flexibility. This article discusses the new changes, and the latest definition of startups in India as recognized by the government.

India Regulatory Brief: Clarifications under the Bankruptcy Code, Business Class Travelers to Show GSTIN

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In this week’s Regulatory Brief, we briefly cover the clarifications issued by the National Company Law Appellate Tribunal (NCLAT) on what constitutes a ‘dispute’ under the the Insolvency & Bankruptcy Code, 2016; the new compliance required of business class air travelers under the GST regime, and the impact of the GST on inter-state logistics.

The US – India Economic Relationship

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On June 26, India’s Prime Minister Narendra Modi made his first visit to the White House under Donald Trump’s presidency. In this article, we offer an analysis of the meeting in the wider context of US—India business ties.

Farmer Unrest in India: Weak Infrastructure and Vulnerable Supply Chains

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India’s farmer strikes last month crippled shipments of foodstuff to major Indian cities. In this article, we explain what led to the massive labor unrest, persistent problems in India’s food supply chains, and how foreign companies in the food retail sector can safeguard against such contingencies.

India Market Watch: Modi Reaches USA, Chinese and Japanese India-bound Investments Grow

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In this week’s Market Watch, we discuss Prime Minister Modi’s trip to the US where key business concerns will dominate his first visit since President Trump took office, the salary trend in Indian companies, and the increase in investments from the Asian powerhouses – China and Japan.

GST Returns Filing in India: All You Need to Know

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The GST gets rolled-out on July 1, and will replace India’s current system of indirect tax. In this article, we provide a brief description of the types of returns that will need to be filed once the goods and services tax is launched, and the various categories of tax payers recognized by the GST system.

India Abolishes FIPB. What Does it Mean for Foreign Investors?

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Last month, the Indian government eliminated the foreign investment promotion board (FIPB), established 25 years ago as a single-window clearance for all foreign direct investment. In this article, we explain the new regulatory landscape for foreign investment in a post-FIPB era.

India Regulatory Brief: Filing GST Returns, Aadhaar Mandatory for Banking and Financial Transactions

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In this week’s Regulatory Brief, we look at the relaxed timelines for filing GST returns for the first two months after the GST rollout in India, the revised GST rates and rules passed till June 18, 2017, the new law making it mandatory to link all existing and new bank accounts with the Aadhaar biometric identification number, and the daily pricing system introduced for the fuel market.

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