Other Briefings
India and Ireland: Strengthening Economic Ties with a Joint Economic Commission
India and Ireland are working towards taking their economic partnership to new heights as they negotiate the establishment of a joint economic commission, set to be formalized by the end of 2024.
India’s Fintech Sector Secures US$778 Million in Funding in Q3 2024
India’s fintech sector witnessed substantial growth in Q3 of 2024, securing US$778 million in funding, a 66% increase compared to Q3 2023.
India Mandates Audit Trail Compliance for All Companies: Understanding the Obligations
We provide an overview of audit trails, detailing the mandatory compliance requirements under Indian corporate laws, the responsibilities of companies and auditors, and the penalties for non-compliance.
India-EU FTA: Commerce Department Engages Domestic Industry on Rules of Origin
India’s Department of Commerce has reached out to domestic industries to seek feedback on rules of origin (ROO) under the India-EU FTA.
Indian Mobility Platform Ola Comes Under Regulatory Spotlight: CCPA Demands Consumer Protection Improvements
India’s Central Consumer Protection Authority has issued a notice to Ola Electric and Ola Cabs for alleged violations of consumer rights. This situation highlights the importance for foreign companies and foreign-invested enterprises operating in India to adopt best practices to minimize the risk of regulatory intervention and mitigate scope for reputational damage.
The US 2024 Presidential Election and Potential Impact on India
The 2024 US presidential election, featuring Kamala Harris and Donald Trump as candidates, is poised to impact India’s economy, trade relations, defense cooperation, and climate initiatives, depending on the outcome.
India-Hungary Trade Relations: From Solar Energy to Green Hydrogen Initiatives
India-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.
New GST Amnesty Scheme from November 1, 2024: Key Compliance Details
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.
