Ratan Tata, the Chairman Emeritus of Tata Group and a globally influential industrialist, passed away in Mumbai on October 9, 2024, at the age of 86. We look back at his legacy at the helm of the group.
India aims to become a notable semiconductor manufacturing hub to reduce import dependencies in electronics production and frontier sectors. We note prominent distributor partners crucial for driving semiconductor adoption and growth across industries as well as beneficiaries under the India Semiconductor Mission.
India became one of the first countries to mandate corporate social responsibility on April 1, 2014. Certain companies are required to allocate a portion of their profits to areas such as education, poverty alleviation, gender equality, and hunger mitigation programs.
Introducing the India Manufacturing Tracker 2024-25 by India Briefing—your go-to source for real-time updates on the country's industrial production, emerging trends, and key sector insights.
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Sign Up NowIndia-Hungary have significantly increased their trade in recent years and are eager to collaborate on nuclear and solar energy initiatives. Trade activities between the two countries crossed US$1 billion mark for the first time in 2022.
India and Norway's bilateral relationship, strengthened by the recent Trade and Economic Partnership Agreement (TEPA) with the EFTA bloc, creates significant growth opportunities in renewable energy, maritime technologies, and sustainable development sectors.
India-UAE relations have grown into a strategic post-COVID-19 partnership, focusing on defense, energy and renewables, and critical minerals.
The bilateral relationship between India and Sweden is benefiting from a growing focus on manufacturing, technology, and sustainability.
India-Australia bilateral trade and investment can benefit from the interim free trade treaty - ECTA - with new opportunities identified in critical minerals, education, and technology sectors.
India's new GST amnesty scheme, effective from November 1, 2024, waives interest and penalties for non-fraudulent GST demands from 2017-18 to 2019-20.
India's Supreme Court has allowed companies in the country to claim input tax credits (ITC) on construction costs for commercial buildings intended for rental purposes.
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.
The Vivad se Vishwas, or VsV scheme, aims to reduce tax litigation in India by offering a simple, efficient mechanism for taxpayers to settle their disputes with tax authorities.
We discuss India's advance pricing agreement (APA) program, their sector-wise distribution, and usefulness amid a complex transfer pricing regime.
India's Directorate General of Foreign Trade (DGFT) has relaxed export rules for 36 dual-use items from Indian parent companies to their foreign subsidiaries in 41 countries.
India has introduced new policy conditions for halal meat exports, effective from October 16, 2024. Such products must be processed in facilities certified under the 'India Conformity Assessment Scheme (I-CAS) - Halal.'
More provisions of the Competition (Amendment) Act, 2023 have taken effect as of September 2024, including deal value thresholds for high-value acquisitions, marking a complete overhaul of India's anti-trust regime.
Adopting certain best practices can help companies meet their corporate social responsibility (CSR) obligations, build a positive reputation, and make meaningful contributions to socioeconomic welfare and sustainable development.
Companies in India that report their corporate social responsibility expenditure must file the CSR-2 Return for FY 2023-24 by December 31, 2024.
Ratan Tata, the Chairman Emeritus of Tata Group and a globally influential industrialist, passed away in Mumbai on October 9, 2024, at the age of 86. We look back at his legacy at the helm of the group.
We track India's efforts to facilitate foreign investment into its indigenous semiconductor industry (developing fabs. chip design, ATMP).
India aims to become a notable semiconductor manufacturing hub to reduce import dependencies in electronics production and frontier sectors. We note prominent distributor partners crucial for driving semiconductor adoption and growth across industries as well as beneficiaries under the India Semiconductor Mission.
We explain how setting manufacturing standards to produce high-quality goods can maximize productivity and allow your manufacturing enterprise to be a part of global supply chains.
India replaces the FAME policy with the PM E-Drive Scheme, allocating INR 109 billion to boost electric vehicle adoption.
We answer some frequently asked questions foreign hiring managers may have regarding the minimum wage in India. Several states in India have updated their minimum wages as of October 2023.
India is one of the oldest civilizations in the world, and a complicated mixture of old and new traditions from the West and East. If you are planning to do business with or in India, it is important to try and understand its cultural intricacies.
An effective labor market study will help company decision makers, such as C-suite executives, to make an informed choice that is best suited to their business undertaking.
In the latest report from India’s MoSPI, more urban women are engaged in the manufacturing sector, while rural women dominate agriculture activities.
India is reportedly working on loosening the visa requirements of Chinese technicians in response to concerns from several companies.
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.
Asia Briefing publishes articles, magazines, and guides on doing business in Asia. Dezan Shira & Associates has produced the publication since 1999.
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