Other Briefings
Mandatory Corporate Identification Rules Take Effect
As part of the Indian Companies Act 2013, companies are now required to quote additional content on official corporate correspondence and publications.
Changes to CENVAT Credit Rules Take Effect April First
On April first, the Third and Fourth Amendments to India’s Central Value Added Tax (CENVAT) Credit Rules 2004, which govern the CENVAT Credit of Central Excise Duty and Service Tax, will become effective.
India’s Corporate Social Responsibility Mandate: The Companies Act 2013
The requirements for India’s Corporate Social Responsibility Mandate are outlined for companies incorporated in India. These are stipulated in the Companies Act 2013.
Changes to India’s Patent Rules
Several notable changes to India’s patent rules came into effect on February 28, including the introduction of a “small entity” category to the application process. Here we outline these changes, which are of direct relevance to foreign companies operating in the country.
India to Restructure Bilateral Investment Promotion Agreement Framework
The Indian government is circulating a new draft for the future negotiation of bilateral investment promotion agreements (BIPA) that will exclude both taxation and intellectual property rights issues.
India’s 15th Lok Sabha: Five Years in Review
We take a look back at some of the highlights and accomplishments of the 15th Lok Sabha after officially concluding its five year term. Despite frequent disruptions and moderate productivity, however, the 15th Lok Sabha did pass a number of notable bills including the Lokpal Bill and an updated version of the Companies Act.
India’s 2014 Interim Budget: Regulatory Highlights
While India’s Interim Budget for the fiscal year 2014-2015 does not propose any major changes in the nation’s tax laws, it does make a few notable changes in indirect taxes including excise duty, service tax and customs duty.
India Modifies Currency Declaration Regulations
Airline passengers travelling to India will soon be required to declare Indian currency exceeding Rs10,000 according to new customs regulations that will be implemented March first.
