JPMorgan Includes India in Emerging Market Debt Index, Paves Way for Billions in Investments

Import Relief for IT Hardware Companies as India Encourages Local Production

Apple, Lenovo, Dell, and other IT hardware companies might receive a 1-year extension before India enforces its import restriction policy, set to commence on November 1.

JPMorgan Includes India in Emerging Market Debt Index, Paves Way for Billions in Investments

JPMorgan's inclusion of Indian securities in the GBI-EM index is anticipated to bring in investment flows of US$25-30 billion. The phased inclusion begins June 2024.

Bengaluru, India: Foreign Investment Brief

In this investment brief of Bengaluru, the capital of Karnataka in South India, we discuss key industry opportunities, the city's living environment, and prevailing infrastructure.

Rupees, Rubles, and Cryptocurrencies

India’s Tax Compliance Calendar for Businesses in August 2023

We provide a tax compliance calendar for August 2023 that highlights important India income tax and GST due dates and obligations.

Equalization Levy Compliance Framework for Non-Resident E-Commerce Operators in India

In keeping with BEPS provisions, India has in place an equalization levy since 2016, which was amended in the Finance Act 2020. We discuss how this digital tax mechanism impacts non-resident e-commerce operators in India.

India’s New E-commerce Tax Regulations for Composition Taxpayers and Unregistered Individuals

India’s indirect tax regulator CBIC has introduced new rules of e-commerce taxation, which affect composition taxpayers and unregistered individuals supplying goods.

Meeting the July 31 ITR Filing Deadline for AY 2023-24 in India: Implications for Businesses

Timely filing and verification of income tax returns (ITR) are necessary for businesses in India to effectively navigate the tax system and avoid penalties and loss of tax benefits.

India's Digital Personal Data Protection Act, 2023: Data Privacy Compliance

India’s Digital Personal Data Protection (DPDP) Act 2023 will impact internet companies, mobile apps, and businesses handling citizens' data. Enterprises will need to assess the fine print of the legislation to address their risk exposure and compliance requirements.

Draft Revisions to India’s Merger Control Regulations Governing Combinations

India's draft Competition (Combinations) Regulations, 2023 released by the CCI, seeks to implement the amended Competition Act. It is open to the public for feedback till September 25, 2023. We discuss key provisions and proposed changes to the M&A landscape.

India's LLP Amnesty Scheme 2023: September 1 to November 30

India's Ministry of Corporate Affairs has recently launched the LLP Amnesty Scheme 2023, granting LLPs respite from late filings (Forms 3, 4, 11) till November 30, with streamlined processes and waived penalties, showcasing support for businesses.

Understanding the Role of Independent Directors in Indian Companies

Independent directors, per India regulations, play a pivotal role in balancing corporate interests and maintaining ethical oversight. Qualifications are stringent, there are limits on directorships, and appointments involve board approval.

Apple’s Contract Manufacturers and Component Suppliers in India

There are currently three main contract manufacturers producing Apple products in India. We discuss where they are based and scope for investment.

India Approves Viability Gap Funding Scheme for Battery Energy Storage Systems

India's union cabinet has approved the Scheme for Viability Gap Funding for the battery energy storage systems (BESS) industry. The scheme envisages the development of 4,000 MWh of BESS projects by 2030-31, which will lower costs for the renewables sector.

India’s Data Center Sector: Market Outlook and Regulatory Frameworks

India’s data center sector is poised for growth, helped by an expanding digital economy, high levels of internet penetration and widespread 4G connectivity slowly upgrading to 5G networks, as well as a mature IT services ecosystem. We discuss the market outlook, leading industry players, and relevant regulatory frameworks.

Chandrayaan-3: India's Moon Landing Spotlights Space Sector Advancements

India's successful soft moon landing on August 23 via the Chandrayaan-3 mission showcases its impressive space technology capabilities. The country's space sector is currently witnessing a surge in private sector involvement, particularly by space-tech start-ups. FDI and tax regulations are also welcoming.

India Introduces Taxation Changes for High-Premium Life Insurance Policies

India has recently introduced a new tax rule for life insurance policies where any proceeds received from a life insurance policy with an annual premium exceeding INR 500,000 will be subject to taxation.

A Guide to Minimum Wage in India in 2023

In this article we answer some frequently asked questions foreign hiring managers may have regarding the minimum wage in India.

India Skill Report 2023: Findings on Talent Availability and Employability in Emerging Technologies

Recent reports on talent availability in India indicate some progress has been made in boosting employability for tech-driven sectors. Key skill gaps, however, remain. We discuss the data and top growth sectors to 2030.

Emerging Talent Trends Shaping India's Dynamic Job Market in 2023

We delve into the talent management trends in India in 2023 that are influencing recruitment and corporate employee retention strategies.