India Briefing News

Switzerland to Suspend MFN Clause for India under DTAA from January 1, 2025

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Switzerland has announced its suspension of the Most Favored Nation (MFN) status for India under their DTAA over differing interpretations on their tax treaty provisions. Starting January 1, 2025, dividend payments from Swiss entities to Indian investors will be taxed at 10 percent, up from 5 percent.

India-Serbia Bilateral Trade and Business Ties: A 2024 Report

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India and Serbia are strengthening their bilateral relationship through enhanced trade and investment cooperation, aiming for €1 billion in trade by 2030 and fostering collaboration across key sectors like defense, IT, and agriculture.

Bilateral Relations Between India and Bosnia & Herzegovina

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India and Bosnia & Herzegovina have maintained friendly ties since 1995, focusing on economic, technological, and cultural collaboration, with recent progress.

India Manufacturing Tracker: 2024-25

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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.

India Eyes US$3 Billion Incentive Package to Boost Electronics R&D and Manufacturing

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India is working on a US$3 billion incentive package to promote private sector R&D and foster the creation of homegrown electronics brands.

India Extends IT Hardware Import Management System Until December 31, 2025

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India has extended the import management system for seven IT hardware products (under HSN 8471) like laptops, PCs, and servers by one year.

India-Morocco Strategic Partnership: A Convergence of Regional and Global Aspirations

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India and Morocco’s economic and bilateral ties highlight their aligned strategic interests and foreign policy objectives. Their partnership aims to enhance regional influence, positioning both nations as pivotal gateways.

India Working on New GCC Policy to Tap Sector Growth with Fresh Incentives

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India’s Electronics & IT ministry (Meity) is working on a new policy framework at the central government level targeting global capability centers (GCC) and to support their growth beyond tier-1 hubs. As per media reports, these new incentives would be in addition to state incentives where the GCC entities are located.

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