Other Briefings
Simplifying Personal Tax Filing in India – Digital Solutions and New Initiatives by the Government
India’s tax department has launched various initiatives to improve the personal tax filing interface in the country. This article highlights some of the new initiatives begun by the government and points to the need for a similar overhaul in the post-filing set up for businesses in India.
Indian Government Set to Introduce Reforms to Labor Laws
In a sign that the government wants to get serious about overhauling labor laws, India plans to introduce a proposed Wage Code bill that will guarantee minimum wages across the country in the winter session of parliament.
Key Outcomes of the 2016 BRICS Summit
The eighth annual BRICS Summit took place in India from October 15 to 16 this year, in the midst of louder geopolitical rhetoric than usual. This article highlights the few key outcomes of the 2016 summit, including growing business and investment ties with Brazil and the challenges that lay ahead for BRICS.
India’s Solar Energy Sector: Investment Outlook, Challenges
India has set itself with an ambitious target of generating 100 GW of solar power by 2022, which will require investments worth US$100 billion. This article discusses the state of India’s present solar infrastructure, its positive investment outlook, and finally the challenges that need to be overcome.
Indian Government Introduces Amendment to Fix Retail Price of Essential Commodities
In a bid to control inflation, the Indian government has introduced a new notification to regulate the retail price of essential commodities. In this article, we discuss the challenges of implementing the law and the problems associated with regulating such prices in India.
External Commercial Borrowing in India: Easier Access for Startups
In a bid to make India more business friendly, the government recently came out with new guidelines diversifying fundraising options for startups through the external commercial borrowing route. This article dissects the process and also discusses easier requirements for incorporating companies in India.
Key Considerations for Conducting Due Diligence in the Indian Market
With the government keen on attracting FDI and India representing a promising future as an emerging market, foreign investors must look at the key considerations while conducting due diligence in the Indian market. Read on to learn more about those aspects to help you make an informed decision.
Taxation of Job Work under the Model GST Law
The Model GST Law (MGL) enhances the scope of the category of ‘job work’ in India as it seeks to widen the country’s taxpayer base. This article examines the change in definition, clarifications for principal manufacturers, and calculation of input tax credit with respect to inputs sent for job work.
