Maharashtra’s IT-ITES Policy 2023: Key Points for Foreign Investors in India
The Maharashtra IT-ITES Policy 2023 contains more sectoral and area-wise subsidies and exemptions, real estate and infrastructure support for IT Parks & data centers, besides 24/7 industry status under categorization as an essential service.
India-Japan Economic Partnership: Bilateral Trade, Infrastructure Projects, and Semiconductor Collaboration
Semiconductors, decarbonization, manufacturing, and infrastructure projects are key areas of India-Japan investor collaboration. They overlap with India’s ambitious growth goals and economic development aspirations.
India’s Updated Sustainability Reporting Format and Rules for ESG Ratings Providers
As global efforts mount to standardize ESG audits, India is mandating listed companies to make ESG disclosures for their value chains.
India’s Market Access Initiatives Scheme Offers Airfare Support for Start-ups and New Exporters
India’s government has revamped the Market Access Initiatives (MAI) Scheme to provide financial incentives for exporters and start-ups.
India’s Legislative Agenda During the 2023 Parliament Monsoon Session
We list the legislative bills expected to be tabled in the Monsoon Session of the Indian Parliament, to be held between July 20, 2023 to August 11, 2023.
Meeting the July 31 ITR Filing Deadline for AY 2023-24 in India: Implications for Businesses
Timely filing and verification of income tax returns (ITR) are necessary for businesses in India to effectively navigate the tax system and avoid penalties and loss of tax benefits.
India Reopens PLI India Scheme for Technical Textiles and MMF Apparel and Fabric
India has reopened the PLI Scheme Textiles for Promoting MMF and Technical Textiles application window after initial setbacks and no new plants set up in the last two years. Further, more clarity is provided following the release of updated HSN Codes in June 2023 for product segments targeted by the PLI Scheme.
India-France Strategic Partnership: Horizon 2047 Roadmap, Trade, and Investment
Following PM Modi’s invitation to attend France’s Bastille Day celebrations amid 25 years of India-France strategic ties, the two countries agreed to a Horizon 2047 Roadmap. We discuss key thrust areas and note bilateral trade and investment trends.