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India Tightens Release of FAME-2 Subsidies for EV Makers, May Not Extend Scheme

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Indian electric vehicle makers are being subject to tightened scrutiny over FAME-2 subsidies due to insufficient levels of domestic value addition.

India’s Union Budget for 2023-24: Key Highlights

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India’s Union Budget 2023-24, announced February 1, promotes infrastructure growth, green industry, and makes changes to the new tax regime. We report the major highlights.

Tamil Nadu’s Industrial Parks and SEZs under SIPCOT: A Brief for Investors

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We note the industrial parks, SEZs, and growth centers managed by SIPCOT in Tamil Nadu, their locations, and type of industrial activity.

Gujarat and Rajasthan Emerge as India’s Leading Investment Destinations

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We discuss the economic profiles of Gujarat and Rajasthan and highlight factors that make them popular investment destinations in India.

India’s Tax Compliance Calendar for Businesses for January-March 2023

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As India prepares to enter last quarter of FY 2023, we list the due dates and key forms for tax compliances for January-March 2023 period.

India Appoints Nodal Ministries to Regulate Online Gaming, E-sports Industries

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India has given legitimacy to the online gaming and e-sports industries by designating the IT Ministry and the Sports Ministry as their respective nodal ministries.

Electric Vehicle Industry in India: Why Foreign Investors Should Pay Attention

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The electric vehicle industry in India benefits from 100% FDI allowed, new manufacturing incentives, and increased subsidies under FAME-II.

Karnataka Announces New Start-Up Policy, Provision of INR 1 Billion VC Fund

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Karnataka’s new start-up policy targets the growth of emerging tech enterprises, women-run start-ups, and start-ups located beyond Bangalore.

Showing 8 of 434 articles
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