India Briefing News

India Extends GST Compensation Cess Levy till March 2026

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India has extended the GST compensation cess for four years, which will keep tax rates high on notified goods like tobacco and cars.

India’s PLI Scheme 2.0 for White Goods (AC and LED): 15 Companies Selected

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The government has announced 15 selected applicants for India’s PLI Scheme 2.0 for White Goods (AC and LED).

India-EU FTA Negotiations Resume on June 27

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Negotiations for an India-EU free trade deal, investor protection agreement, and a geographical indications agreement will be held in parallel.

India’s TDS on Crypto Assets: Here’s How it Will Work from July 1, 2022

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We discuss the conditions for charging TDS on crypto assets and other virtual digital assets (VDA) from July 1, 2022 as clarified by India’s tax authority.

What are Smart Contracts and Are They Legal in India?

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We explain how smart contracts are executed, how they differ from traditional and electronic contracts, and their treatment under current Indian laws.

Investing in Delhi: Region Profile

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In this region profile, we look at the factors that make Delhi an attractive prospect for international investment and spotlight enabling policies.

Russian Consignment Headed to India via INSTC, Following Jump in Crude Oil Purchases

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India is to receive a goods consignment from Russia via the INSTC route and Russian crude oil reached 5% of India’s seaborne imports.

India Allows Independent Directors to Retake Online Self-Assessment Proficiency Test

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We explain the new window of name restoration for independent directors in India who did not clear the online self-assessment proficiency test.

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