Other Briefings
Toyota Proposes Greenfield Investment in Maharashtra, Part of Diversification Strategy in India
Toyota Kirloskar Motor (TKM) plans to set up a new manufacturing plant in Maharashtra, marking a key step in expanding its presence in India.
Customs Duty in India: Rate Changes Under Union Budget 2024 to Boost Local Manufacturing
In the Union Budget 2024-25, Finance Minister Nirmala Sitharaman proposed reducing or removing customs duties on various items and announced a comprehensive review of the customs duty rate structure to simplify trade.
India to Enforce Mandatory BIS Standards for Chemicals and Petrochemicals
India will implement mandatory BIS standards for chemicals and petrochemical products, applicable on both domestic manufacturers and imports.
Old vs New Tax Regime in India: How to Choose the Right Tax Option
We discuss the old and new tax regimes and the changes announced in the Union Budget 2024-25 to assist taxpayers in making an informed choice.
India to Consider Easing Rules for FDI and Overseas Investments
India’s Department for Promotion of Industry and Internal Trade (DPIIT) will establish strict timelines for various government agencies and departments to expedite the clearance of foreign direct investment (FDI) proposals in prioritized sectors.
India to Abolish 2% Equalisation Levy on Non-Resident Digital Companies from August 1, 2024
India will abolish the 2 percent equalization levy on a broad range of services provided by offshore technology firms from August 1, 2024.
India’s Union Budget 2024-25: Key Announcements
India’s Union Budget 2024 has introduced measures targeting education, employment, skilling, and the middle class. Nine priority sectors have been identified and key changes introduced to the capital gains tax regime.
Economic Survey of India 2023-24: Report Highlights
The Economic Survey of India 2023-24 presented by finance minister Nirmala Sitharaman shows India on a “strong wicket and stable footing”. We look at the GDP growth projections and macroeconomic data for FY25.
