Other Briefings
Dell, HP, Foxconn, Lenovo Among 27 Beneficiaries Under India’s PLI 2.0 Scheme for IT Hardware
India has announced that 27 companies, including Dell, HP, Foxconn, and Lenovo, have been approved for PLI 2.0 Scheme incentives. Of these, 23 companies are ready to start local production.
Status of India’s Digital Competition Law
The government appointed CDCL panel is examining the need for an ex-ante regulatory mechanism for the Indian digital market. We discuss the implications for the prevailing antitrust regime in India.
India Holds Auction for 20 Blocks of Critical Minerals, Including Lithium and Graphite
Following regulatory changes, India will seek bids for 20 blocks of critical minerals. Mining, mineral processing, and production of lithium, graphite, and REE are key to critical sectors like renewables, gigafactories, pharma, electronics, telecom, and defense.
India’s Economic Rise: How Global Tech Giants are Chasing the Next Big Growth Engine
India stands as a tech haven, with major tech firms like Apple, Microsoft, and Meta witnessing exponential growth and showcasing the country’s resilience, driven by strategic positioning, a commitment to digitalization, and demographic advantages.
ICAI Releases Draft Auditing Standards for LLPs in India, Seeks Public Comments by January 6
The Institute of Chartered Accountants of India has released an exposure draft for public comments until January 6, 2024, proposing new auditing standards for Limited Liability Partnerships (LLPs) in India to align them with prevailing corporate auditing norms.
Understanding How the Concept of Significant Economic Presence Applies in Indian Taxation
We explore tax provisions on ‘significant economic presence’ in India and compare with the equalization levy liability amid stakeholder concerns.
CBIC Directs Tax Officials in India to Upload GST Tax Notice Summaries Online
CBIC directs tax officials to upload digital summaries of GST notices, per law, for compliance transparency and streamlining bureaucracy.
India’s Outlook for 2024-25: Key Growth Areas and Investment Prospects
We discuss India’s economic outlook for 2024-25 and promising sectors for foreign investment as the country enters a general election year.
