Can Tax Cuts Breathe Life into India’s Economy?
The government’s interim budget plans promise tax cuts, recovering growth and the reduction of India’s fiscal deficit, but are they enough to revive the economy before elections in May?
India: Taxation’s Fatal Neglect?
In this op-ed commentary, Devesh Kapur & Arvind Subramanian discuss India’s spending programs and examine the tax revenues required to maintain these governmental programs into the future.
New Issue of India Briefing Magazine: Taking Advantage of India’s FDI Reforms
In India Briefing Magazine’s first issue of 2014, we explore important amendments to India’s foreign investment policy and outline various options for business establishment, including the creation of wholly owned subsidiaries in sectors that permit 100 percent foreign direct investment.
Welcome to the New India Briefing Online Portal
Welcome to the new India Briefing online portal. This independent website is run by Asia Briefing Ltd., with content produced in association with the tax and legal professionals at the foreign-direct investment consulting practice, Dezan Shira & Associates.
India Tightens Restrictions on Raw Material Exports
The Indian government has imposed a 5 percent duty on exports of iron ore pellets in a move that will further clamp down on raw material exports and ensure iron availability for domestic steel producers.
India Remains a Top Global Destination for Foreign Investment
India is still an attractive destination for foreign investment, and remains a top market for FDI globally, according to Ernst & Young’s attractiveness survey, “India 2014: Enabling the Prospects,” released last week. The survey of over 500 international business leaders painted an optimistic picture of an economy that has weakened in recent years.
India Reaffirms Japan as Key Economic and Political Partner
PM Singh praised recent joint economic and political efforts between India and Japan to strengthen security and economic stability in the region and reaffirmed the nations’ commitment to continued cooperation.
India Sets Textile Exports Target at US$60 Billion for 2014
Mr. KS Rao, India’s Union Textiles Minister, announced that the government has set the target for textile exports in the 2014-15 financial year at US$60 billion.