Other Briefings
India Regulatory Brief: Filing GST Returns, Aadhaar Mandatory for Banking and Financial Transactions
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.
Indian Government Notifies New Safe Harbor Rules
On June 7, 2017, the Central Board of Direct Taxes (CBDT) in India revamped the safe harbor rules to enlarge the scope of transactions under it. In this article, we discuss what these rules mean and the revised provisions under it.
Beef Ban in India: Repercussions for Meat, Leather, and Dairy Industries
The Indian federal government’s new ‘beef ban’ is producing anxiety in three large industries: meat, leather, and dairy. In this article, we explain the new Livestock Market Rules, 2017 and its repercussions for the industries that rely on buffalo.
India Market Watch: UNCTAD 2017 Shows Rising Investment Prospects; Indian Internet Users to Double by 2021
In this week’s Market Watch, we cover the UNCTAD ‘World Investment Report 2017’ that highlights the Indian government’s approval for cross-border mergers; the compounded growth in India’s internet user base by 2021, changes in office demand in IT/ITeS sector, and ease of doing business reforms assessment for 2018.
India Regulatory Brief: FIPB Abolished, Pending Transition Rules and GST Rates Approved
In this week’s Regulatory Brief, we look at the abolition of the FIPB and new FDI approval norms in India, latest updates from the GST Council, and the new security guidelines issued by the IT ministry for government agencies handling personal information.
Ports in India: Government Incentives for Investment
India’s geographical location offers it a great opportunity to become a maritime hub, given its access to major international trade routes across the Indian Ocean between Europe and Asia. In this article, we cover the main regulatory incentives and federal policy measures for the port sector in India.
India Market Watch: Overseas Market for Indian Films Grows and IT Sector Lay-offs Lead to Unionization
In this week’s Market Watch, we look at the performance of Indian films in overseas markets, the challenge of local sourcing compliance faced by foreign retailers in India, the huge lay-offs in the IT industry that have promoted increasing labor unionization, and the impact of RERA on realty brokers.
India’s Accession to UN TIR Convention to Boost Foreign Trade
In February, the Union Cabinet approved India’s accession to the Convention on International Transport of Goods under cover of TIR Carnets (TIR Convention). In this article, we discuss how the Convention might facilitate improved trade linkages via the INSTC, and with the EAEU and neighboring states.
