Other Briefings
India-Spain DTAA Notification: Lowered Tax Rates and Key Provisions
India has announced that tax rates on royalties and fees for technical services under the India-Spain DTAA will be capped at 10%, a rate lower than domestic laws, as per a most-favored nation basis, according to a March 2024 notification.
Tax Rules in India in Effect from April 1, 2024
FY 2024-25 begins April 1, 2024 and brings in no new changes to the tax rules in India per the federal government. We roundup the direct tax rules applicable for AY 2024-25 and certain Finance Act 2024 amendments to the indirect tax regime.
Outlook for the Flexible Workspace Sector in India
Flexible workspace and co-working offices are seeing steady growth across Tier 1 and Tier 2 cities in India propelled by enterprise demand. We discuss the market outlook for this real estate segment in 2024 and 2025.
India Hopes to Replace Minimum Wage with Living Wage Standard by 2025: What We Know
India is working with the ILO to establish a living wage standard that covers housing, healthcare, food, education, and clothing expenditure. The aim is to have this ready by 2025.
Investing in Odisha State in India: Economic Outlook and Opportunities
We profile the eastern coastal state of Odisha in India and its leading industries and investment prospects.
India’s Regulation of AI and Large Language Models
Presently, India lacks a dedicated regulation for artificial intelligence (AI). We outline some of the advisories, guidelines, and IT rules that offer legal oversight for the development of AI, Generative AI, and large language models (LLM) in India.
Why Foreign SMEs Consider Payroll Outsourcing in India
Many SME companies in India, including foreign firms, are actively outsourcing their payroll services to ease the compliance burden and focus on core business growth goals.
Queensland and India Trade and Investment Scope: Key Growth Drivers
Queensland dominates Australia’s trade with India and presents prospects for commercial partnerships and benefits under the AI-ECTA.
