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India’s Tax Authority Retains 1% and 3% Tolerance Range for Transfer Pricing for AY 2024-25

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India’s Central Board of Direct Taxes (CBDT) has set a 1-3% tolerance range for transfer pricing in AY 2024-25, promoting compliance certainty and reducing audit risks business transactions.

India-UAE 2024 BIT: Striking a Balance Between Investment and Autonomy

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Recognizing the UAE as a vital economic partner, India upgraded its Bilateral Investment Treaty (BIT) in 2024. We discuss the treaty’s key features to better facilitate India-UAE bilateral commercial relations and investments.

FAQs on the Special Valuation Branch (SVB) in India: A Guide for Importers

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By understanding the role and procedures of the Special Valuation Branch in India, businesses importing goods can effectively navigate the complexities of related party transactions and ensure compliance with Indian customs regulations.

Why BRICS Matters and India’s Strategic Role in the Multilateral Grouping

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India’s engagement in BRICS, as witnessed during the 2024 Kazan Summit in Russia, reflects its dual focus on expanding influence in both Western-led and Global South platforms.

Navigating India-Türkiye Relations: Opportunities and Challenges

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India and Türkiye’s relationship, while challenged by political tensions, shows potential for growth through economic collaboration, trade, and initiatives like the ADR partnership and tech visa program.

End of India-China Border Standoff Signals Hope for Cross-Border Business Engagement

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India and China have hit a diplomatic reset at the Kazan BRICS Summit, resolving to end their prolonged military standoff in Ladakh. We discuss the implications for Asia’s two biggest economies and the expectations of business and industrial stakeholders.

What Uttar Pradesh’s New Master Plans for Noida and YEIDA Mean for Investors

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The Noida Master Plan 2041 and YEIDA Master Plan aim to transform Noida and the Yamuna Expressway regions into economic hubs through enhanced infrastructure, industrial growth, aviation industries, and improved connectivity. The plans also include developing Korean City and Japanese City to attract companies from South Korea and Japan.

India’s New Labor Codes Near Implementation: What Foreign Firms Need to Know

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India’s four new labor codes are nearing implementation, simplifying labor laws and enhancing worker protections. As per reports, 25 Indian states have finalized their draft rules, affecting both domestic and foreign businesses.

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