India’s Finance Act, 2024 Makes Changes to the Input Service Distributors Mechanism in the GST Regime
India Briefing explores the latest amendments introduced in the Finance Act 2024 such as the definition and procedures concerning the Input Service Distributor (ISD) concept under the Goods and Services Tax (GST) regime.
The yet to be implemented Occupational Safety, Health, and Working Conditions (OSH) Code, 2020 will subsume several existing HR regulations.
We discuss why India needs to increase its farm mechanization adoption rate to sustainably manage changing workforce preferences and output. Businesses that can provide cost-effective technology solutions stand to benefit from the vast agrimarket.
Read our profile of Mumbai, the capital of the western state of Maharashtra, and the premier financial and commercial hub of India.
We discuss the step-by-step process of setting up a business in the GIFT City in Gujarat, India’s first IFSC and multi-services SEZ.
We explore India’s journey towards becoming a leading global hub for green hydrogen production, highlighting government initiatives aimed at reducing costs and drawing foreign investments. The focus on green hydrogen is part of India’s long-term plan to reduce dependency on fossil fuels and achieve net zero emissions by 2070.
India’s digital payment system UPI is steadily getting accepted for use in more overseas markets like Singapore, UAE, France, UK, and Mauritius.
We discuss why specified companies could face higher taxable incomes under section 43B(h) of the Income-tax Act, 1961, due to delayed payments to MSME suppliers.
The early release of the updated ITR forms from the Income Tax Department of India aim to enhance user experience and ensure taxpayer awareness. The changes are based on amendments to the Income-tax Act, 1961, as detailed in the Finance Act, 2023.
We track India’s efforts to facilitate foreign investment into its indigenous semiconductor industry (developing fabs. chip design, ATMP).