Other Briefings
Remitting Money from India: Procedures and Regulations
Remitting money from India is often a daunting procedure for both foreign businesses and expatriates living in the country. In this article, we highlight the various regulations and schemes available.
India Regulatory Brief: New Income Tax Rules to Track Cash Post Demonetization and India, Qatar Sign Cooperative Pacts
In this week’s Regulatory Brief, we track the amendments to the income tax rules requiring reporting of cash deposits from November 9 to December 30, the government’s announcement of no tax on gold purchased out of legal income, and the cooperative pacts signed between India and Qatar.
Industry Spotlight: India’s Growing Aviation Sector
The Indian aviation industry is on a high growth trajectory and expects to be the largest market by 2030. The government, realizing this potential, recently unveiled the National Civil Aviation Policy 2016. Read about the developments here.
India Market Watch: Demonetization Boosts Digital Payments Sector and Bengaluru, Mumbai Top Asian Real Estate Markets
In this week’s Market Watch, we highlight the indirect boost to India’s nascent digital payments industry amidst the fallout of demonetization, the rise of Bengaluru and Mumbai as leading Asian real estate investment destinations, and some of the challenges facing Indian online retailers.
SPICe – Company Incorporation in India
The Ministry of Corporate Affairs (MCA) recently announced new rules that will simplify and speed up the process for incorporating companies in India, branded as SPICe or Simplified Proforma for Incorporating Company Electronically. This article examines the new forms and their requirements.
India Regulatory Brief: High-Value Rupee Demonetization Updates and Government Slashes Prices of Life-Saving Drugs
In this week’s Regulatory Brief, we look at the latest steps taken by the Indian government to manage the implementation of the 500 and 1000 Rupee demonetization, the move by the DIPP to establish an ease of doing business tracking system in all government departments, and reductions in the prices of life-saving drugs in India.
India’s Idle Provident Fund Accounts to Accrue Interest Following Government Notification
As part of the government’s labor reforms, a new notification was recently introduced allowing interest on dormant employee provident fund accounts. Read on to see how this will benefit India’s working populations as well as other schemes related to the provident fund organization.
Import and Export Licensing Procedures in India
India’s import and export system is governed by the Foreign Trade (Development & Regulation) Act of 1992 and India’s Export Import Policy. Imports and exports of all goods are free, except for the items regulated by the EXIM policy or any other law currently in force.
