GST Council’s 53rd Meeting: Key Recommendations
The 53rd GST Council meeting held on June 22, 2024 recommended several measures to lessen the tax and legal burdens on taxpayers in India and facilitate trade. These recommendations will be implemented once the relevant circulars, notifications, or law amendments are issued, which will have legal force.
FDI in India FY 2023-24: Top State and Sector Beneficiaries
We discuss which Indian states and sectors received the most foreign direct investment (FDI) in FY 2023-24 and explain key trends observed. Overall, Maharashtra, Gujarat, and Karnataka remained top destinations while computer software and hardware and the services remained top sector beneficiaries.
India’s BIS Introduces Two New EV Safety Standards
The Bureau of Indian Standard (BIS) has announced two new quality standards to improve performance and safety of EVs in various categories.
Guide to Business Income Tax Return Filing in India
India Briefing provides information on business ITR filing in India, with the deadline for filing individual returns being July 31, 2024.
Understanding India’s Manufacturing Landscape
India is strategically positioning itself to become a global manufacturing hub to meet domestic growth objectives, achieve export targets, and fulfill geopolitical aspirations.
From Recruitment to Retention: India HR Insights for 2024
This issue offers an essential guide for foreign invested firms to attract and retain the best talents in India’s dynamic hiring environment.
India’s Technology Spending to Reach US$54.5 Billion in 2024: Report
India’s technology spending is expected to reach approximately US$54.5 billion in in 2024, outpacing other Asia Pacific regions.
IT/ITES in Karnataka Get Labor Law Exemption for Five More Years
Companies in the IT/ITES sector and knowledge industries in Karnataka will be exempted from provisions of the Industrial Employment (Standing Orders) Act till June 10, 2029.