India Market Watch: India’s High Currency Demonetization and Abu Dhabhi Global Market (ADGM) Woos Indian Investors
In this week’s Market Watch, we highlight the high currency demonetization in India as old five hundred and one thousand Rupee notes lose value from November 9 (barring specific instances for a limited period); efficient cost of doing business in Telengana; and Abu Dhabi Global Market’s pitch to Indian investors.
City Spotlight: Investing in India’s Hyderabad
The city of Hyderabad was ranked second in the latest survey by the World Bank in terms of Ease of Doing Business in India. This article highlights the city’s vibrant cultural, economic, and educational infrastructure that supports its positive business and foreign investment prospects.
Indian Government Bans 500, 1000 Currency Denominations to Curb Black Money
India’s government introduced a ban on 500 and 1000 rupee currency denominations overnight in a bid to curb black money and fight tax evaders. Read on to learn more about the latest development which is expected to have a significant impact on the economy.
India Regulatory Brief: Multi-tier GST Structure Finalized and Gujarat Only State to Operationalize the Real Estate Act
In this week’s Regulatory Brief, we highlight the multi-tiered Goods and Services Tax (GST) structure proposed for goods segments, the Model Rules to the Real Estate Act of 2016 that only Gujarat has so far ratified despite passing the October 31 deadline, and an expected policy regulating e-pharmacies in India.
Role of India’s National Company Law Tribunal
India’s government has introduced a single judicial forum called the National Company Law Tribunal and the National Company Law Appellate Tribunal with the intention of providing speedier resolutions to company disputes. This article examines their framework and functionality so far.
India’s Rankings in the World Bank’s Doing Business Report 2017
India ranks 130 in the World Bank’s Doing Business Report 2017 – a marginal improvement over its rank of 131 last year (despite the government’s aggressive reforms agenda). This article examines the assessment of India’s business environment and the Report’s methodological advantages and limitations.
India Market Watch: Ease of Doing Business State Rankings in India and the Auto Components Market in Northeast India
In this week’s Market Watch, we examine the Ease of Doing Business Reforms Ranking of India’s states for 2015-2016 jointly conducted by the government and World Bank, the untapped market potential for automobile components in the northeastern states, and the latest GSMA Intelligence report on India’s mobile economy.
Simplifying Personal Tax Filing in India – Digital Solutions and New Initiatives by the Government
India’s tax department has launched various initiatives to improve the personal tax filing interface in the country. This article highlights some of the new initiatives begun by the government and points to the need for a similar overhaul in the post-filing set up for businesses in India.