India Closer to Allowing Foreign Law Firms to Practice
Proposed rule changes from the Bar Council of India (BCI) are set to liberalize the legal sector and permit foreign law firms to practice in India. Read more for an outlook on the Indian legal profession and emerging opportunities for law firms seeking to expand into the country.
India’s New Twilight Law: 24/7 Operations for Retailers
India’s Union cabinet recently approved a bill that will allow commercial establishments to operate for 24 hours a day. Here, we assess the impact that the law will have on businesses and the associated opportunities it creates for foreign investors.
India Regulatory Brief: E-Commerce Sector Reacts to Draft GST Bill and Union Cabinet Approves New Mining Policy
In this week’s Regulatory Brief, we examine the provisions of the draft GST bill affecting the e-commerce sector, the new mining policy cleared by the Union cabinet, and the Income Declaration Scheme recently launched by the tax department.
India Regulatory Brief: Government Simplifies Import Process, Model GST Laws Released, and New Aviation Policy
In this week’s Regulatory Brief, we examine the proposed measures to simplify import processing, the draft Goods and Service Tax laws released by the Finance Ministry, and India’s new aviation policy.
India-U.S. Agreement on Renewable Energy
India and the U.S. recently signed an MoU to enhance cooperation on energy security, clean energy, and climate change. Here, we discuss and analyze the priority areas highlighted in the agreement and implications for India’s solar power sector.
India Regulatory Brief: Digital Equalization Levy of 6 Percent and New Tax Proposed on Startups with Falling Valuation
In this week’s Regulatory Brief, we examine the digital equalization levy, increasing tax burden on startups with falling valuation, and the central bank’s directive towards cyber-security preparedness in commercial banks.
Pre-Investment Due Diligence in India – New Issue of India Briefing Magazine Out Now
The latest issue of India Briefing Magazine, focusing on Pre-Investment Due Diligence in India, is out now and available to subscribers as a complimentary download through the month of June.
India Regulatory Brief: Passage of Bankruptcy Law, New National IPR Policy, and Draft Geospatial Bill Announced
In this week’s Regulatory Brief, we discuss the passage and provisions of the Insolvency and Bankruptcy Code, 2016, the announcement of a new National Intellectual Property Rights Policy, and the implications of the draft Geospatial Bill.