Capital Gains Tax in India: An Explainer

Tax & Accounting

In India, any profit or gain arising from the sale of a capital asset is deemed as capital gains and is charged to tax under the Income-tax Act, 1961. We discuss the latest changes to taxation of capital gains introduced under the Union Budget 2024.

Economy & Trade

Economic Survey of India 2023-24: Report Highlights

The Economic Survey of India 2023-24 presented by finance minister Nirmala Sitharaman shows India on a "strong wicket and stable footing". We look at the GDP growth projections and macroeconomic data for FY25.

Human Resources & Payroll

India to Expedite Visa Process for Chinese Technicians Amid Industrial Concerns

India is reportedly working on loosening the visa requirements of Chinese technicians in response to concerns from several companies.

Economy & Trade

India's State-wise Merchandise Export Performance in FY 2023-24

We discuss the changes in merchandise exports from India's states in FY 2023-24, focusing on their key export items and the dynamics of global trade.

Get free access to our subscriptions and publications

Subscribe to receive weekly India Briefing news updates, our latest doing business publications, and access to our Asia archives.

Sign Up Now
India Briefing

Economy & Trade

Economy & Trade

India to Consider Easing Rules for FDI and Overseas Investments

Jul 25

India's Department for Promotion of Industry and Internal Trade (DPIIT) will establish strict timelines for various government agencies and departments to expedite the clearance of foreign direct investment (FDI) proposals in prioritized sectors.

 

Tax & Accounting

Tax & Accounting

Capital Gains Tax in India: An Explainer

Jul 25

In India, any profit or gain arising from the sale of a capital asset is deemed as capital gains and is charged to tax under the Income-tax Act, 1961. We discuss the latest changes to taxation of capital gains introduced under the Union Budget 2024.

 

Legal & Regulatory

Legal & Regulatory

MCA Steps Up Enforcement Against Non-Compliant Companies in India

Jul 11

The Registrars of Companies (RoCs), part of India's Ministry of Corporate Affairs (MCA), have ramped up enforcement, issuing 321 orders for alleged Companies Act violations in the June quarter.

  • White Goods Manufacturing in India: PLI Scheme Reopened from July 15 to October 12, 2024

    Legal & Regulatory Jul 09

    Both new applicants and existing beneficiaries of the PLI Scheme for White Goods (PLIWG) seeking to invest more by moving to a higher target segment, as well as their group companies applying under a different target segment, will be eligible to apply, provided they meet the eligibility conditions.

  • Modi Government Reconstitutes Cabinet Committees After 2024 Elections

    Legal & Regulatory Jul 08

    Following the 2024 general elections, Prime Minister Narendra Modi’s new government has announced eight cabinet committees, with members appointed from key NDA coalition partners. We list the new cabinet panel members and discuss the significance of the new political appointees.

  • Andhra Pradesh Reignites Amaravati Capital City Ambition

    Legal & Regulatory Jul 03

    The Andhra Pradesh government has issued a gazette notification on the Amaravati Government Complex Master Plan, reviving the new capital project nearly a decade after Telangana's bifurcation. We discuss the stakes involved as Hyderabad will no longer be the joint capital of the states of Andhra Pradesh and Telangana from June 2, 2024.

  • India's BIS Introduces Two New EV Safety Standards

    Legal & Regulatory Jun 24

    The Bureau of Indian Standard (BIS) has announced two new quality standards to improve performance and safety of EVs in various categories.

Industries

Industries

India’s Global Capability Centers Market Estimated to Reach US$110 Billion by 2030

Jul 18

India's market for global capability centers (GCCs), also known as global in-house captives or GICs, is thriving, with a projected CAGR of 14 percent for the period from 2023 to 2030. We discuss India's key appeal.

 

HR & Payroll

HR & Payroll

India to Expedite Visa Process for Chinese Technicians Amid Industrial Concerns

Jul 19

India is reportedly working on loosening the visa requirements of Chinese technicians in response to concerns from several companies.

 

Expert Guidance about Business in Asia

Dezan Shira & Associates is a pan-Asia, multi-disciplinary professional services firm, providing market entry, legal, accounting, tax, HR, technology and operational advisory to international investors.

Business Updates for All Asia Markets

Asia Briefing publishes articles, magazines, and guides on doing business in Asia. Dezan Shira & Associates has produced the publication since 1999.

About Asia Briefing Ask Us a Question

Need More Guidance?

India Briefing Publications

Download magazines and guides on doing business in India.

Download Now
Back to top