Foreign Investment Opportunities in India’s Smart Cities Initiative
After being elected in 2014, Narendra Modi unveiled an ambitious plan defining the key elements of 100 “Smart Cities” he hopes to establish across India, creating opportunities for domestic and foreign businesses alike. However, by some estimates, US$1 trillion is needed to finance these cities.
India Regulatory Brief: Maharashtra Government to Provide Online Services, Telcom Regulator upholds Net Neutrality, Hike in Gold and Silver Import Tariffs
Discusses the Maharashtra government’s online services for businesses, telecom regulator’s ruling on net neutrality and gold and silver import tariffs.
Startup India – Action Plan Launched by Modi Government
While India has a thriving Start Up industry, challenges remain. The government is keen to remove regulatory hurdles and difficulties for the start-up industry, but bureaucracy and difficulties between central and state governments will need to be overcome. In this article we take a look at these issues.
India Market Watch: India to be Third Largest IT Market, Reforms Planned During Union Budget
In this week’s Market Watch, we look at India’s growth in the IT sector as compared to the Asia-Pacific region, Boeing’s plans to manufacture in India spurred by the Make in India campaign and possible reforms which may be passed in the annual Union Budget.
Mining in India’s Northeast – Challenges and Opportunities in the State of Meghalaya
India’s mining industry in the northeast has been systemically plagued by challenges. These primarily stem from ambiguous policies and regulatory hurdles that have led to unchecked corruption and environmental degradation, but investment opportunities still exist. In this article, we examine the industry in the state of Meghalaya.
Indian Central Board of Taxation Seeks to Reduce Tax Litigation
India’s Central Board of Direct Taxes (CBDT) has issued a circular that changes the monetary limits under which the government can file for an appeal in cases before the appellate tribunal and the High Court. The stated objective of the change is to reduce tax litigation.
India Regulatory Brief: New Tariff Policy for Power Rates, Relaxation of Compliance Norms for Start-Ups
In this week regulatory brief, we look at a new tarrif policy to regulate power rates, the possibility of the exemption of the minimum alternative tax on special economic zones and easier compliance norms for start-ups.
India and ASEAN Member Countries Set to Strengthen Economic Ties in 2016
India and ASEAN member countries are leaving no stone unturned to strengthen economic ties in 2016. The beginning of 2016 has witnessed several political, economic, business and military policies from the Indian government and various ASEAN member states’ governments to solidify the relationship between the two.