New Delhi Reviews Trade Agreements with Key Asian Partners
India’s economic partnership with East Asian countries has not yet realized its full potential, with major trade imbalances registered with South Korea, Japan, and ASEAN. New Delhi is seeking to rectify this situation with ongoing FTA reviews.
Update: India Has Approved 124 FDI Proposals from Neighboring Countries Since 2020
In 2020, India announced the decision to scrutinize investments from neighboring countries, allowing FDI only via the government route.
Amendments to DPDP Act Priority for India’s Modi Government if it Wins Third Term
Implementation rules for India’s DPDP Act, which was passed in parliament in August 2023, is expected to be enacted in the first 100 days of the formation of a new government and will establish rules on important digital domain issues such as AI-led misinformation and deepfakes.
EPFO in India Mulls Raising Monthly Minimum Wage Ceiling After a Decade
India’s Employees’ Provident Fund Organization (EPFO) is reportedly considering raising the monthly minimum wage ceiling from INR 15,000 to INR 21,000 to improve monetary coverage and bring under its purview millions of informal workers.
India’s Corporate Affairs Regulator Seeks Public Feedback on 7 Regulations Under Insolvency and Bankruptcy Code
India’s Ministry of Corporate Affairs has invited stakeholders to submit responses to seven specific regulations under the IBC, 2016 rules.
Goods and Services Taxes in India 2024 – New Publication Out Now
India Briefing discusses how the Goods and Services Tax regime works in India, applicable rates for 2024, and reporting obligations for businesses.
Clarifications Issued by the Indian Government on New EV Policy Implementation
The government has clarified how India’s new EV Policy will work as it seeks to tie-in subsidy/benefits to local investment and domestic value addition (DVA).
Top Companies Race to Seize India’s ACC Manufacturing Opportunity
Foreign investors in the manufacturing space and other such stakeholders should pay attention to the emerging capacity building in the Indian ACC manufacturing industry and forge supplier relationships with PLI beneficiaries to achieve mutually advantageous outcomes.