This timeline was created on January 21, 2025, and was last updated on July 30, 2025. Most recently, Trump announces 100 percent tariffs on Chinese imports amid rising tensions, while China warns US of countermeasures.
India's Central Board of Indirect Taxes and Customs (CBIC) has introduced an automated IFSC registration system. The upgrade aims to simplify customs procedures, speed up incentive disbursals, & enhance export efficiency.
India has extended the application window for the Textile PLI Scheme to December 31, 2025. Businesses in the textile sector should act quickly to secure incentives for scaling production and strengthening export competitiveness.
Understand how India's goods and services tax (GST) is applicable to contract employees. Learn the difference between salaries, contract staffing, and manpower supply services, applicable tax rates, ITC eligibility, and key compliance considerations for businesses and investors.
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