Other Briefings
India’s GST Rates for Goods and Services Released ahead of July 1 Implementation
Effective July 1, 2017, the GST will serve as a single value added tax, replacing the current structure of multiple taxes. In this article, we report on the final GST Schedules released for goods and services by the GST Council, and analyze the possible impact on consumers and businesses.
India Regulatory Brief: GST Schedule for Goods and Services, RBI Removes Restrictions for Bank Branches
In this week’s Regulatory Brief, we look at the final GST schedule that details the tax rates for goods and services, new parameters for what constitutes a bank branch or banking outlet in India, the draft Fugitive Economic Offenders Bill, 2017, and implications of India’s accession to the TIR Convention.
GST Impact on Business in India: New Indirect Tax Administration, Benefit of Common Market
The new goods and services tax (GST) will replace all indirect taxes in India from July 1, 2017. In this article, we look at how the new indirect tax structure impacts companies and the challenges they need to overcome to achieve successful compliance.
India Regulatory Brief: India-Cyprus DTAA in Effect, GST Taxpayers to be Rated on Compliance
In this week’s Regulatory Brief, we look at the India-Cyprus Double Tax Treaty Agreement (DTAA) that came into force in April, the compliance benefits in the forthcoming goods and services tax (GST) system, and the changes in stamp duty levied by Karnataka state in land transactions involving large urban plots for non-agricultural use.
India Sets GST Rates, App for July 1 Rollout
India is keen to rollout the GST from July 1; the government has pegged the peak tax rates, fixed tax slabs, and is working on ensuring easy accessibility for all. This article discusses the progress made and further areas that need to be addressed by the government.
India Regulatory Brief: New GST App Launched and Health Insurance Proposed for Retired Industrial Workers
In this week’s Regulatory Brief, we discuss the new GST app to facilitate easy transition for taxpayers, the government’s proposal to expand health insurance benefits for industrial workers, clarification on POEM, and the India Germany SSA.
India Regulatory Brief: Ola, Uber Strikes, TCS Clause under GST Worries E-tailers, and Government Tackles H-1B Visa Debate
In this week’s Regulatory Brief, we look at the reasons for the ongoing Ola and Uber strike in India, the TCS clause under the GST law that has e-commerce firms worried, and the Indian concerns over changes to the H-1B visa rules in the US.
India Market Watch: GST Deadline Looks Increasingly Improbable, India and UK Sign Ease of Doing Business MoU
In this week’s Market Watch, we look at the problems facing the implementation of the GST, the latest growth estimates of India’s e-commerce market, and the MoU signed between India and the UK allowing the two countries to collaborate on improving India’s business climate and regulatory infrastructure.
