India Regulatory Brief: Tax Filing for NRIs, No Environmental Clearance for Solid Waste Management Projects
In this week’s Regulatory Brief, we look at the latest GST update as businesses will be able to upload their invoices online from July 24, new reporting requirements for NRIs filing their tax returns, and exemption for most solid waste management projects from getting environment clearances.
India Regulatory Brief: Clarifications under the Bankruptcy Code, Business Class Travelers to Show GSTIN
In this week’s Regulatory Brief, we briefly cover the clarifications issued by the National Company Law Appellate Tribunal (NCLAT) on what constitutes a ‘dispute’ under the the Insolvency & Bankruptcy Code, 2016; the new compliance required of business class air travelers under the GST regime, and the impact of the GST on inter-state logistics.
India Abolishes FIPB. What Does it Mean for Foreign Investors?
Last month, the Indian government eliminated the foreign investment promotion board (FIPB), established 25 years ago as a single-window clearance for all foreign direct investment. In this article, we explain the new regulatory landscape for foreign investment in a post-FIPB era.
India Regulatory Brief: Filing GST Returns, Aadhaar Mandatory for Banking and Financial Transactions
In this week’s Regulatory Brief, we look at the relaxed timelines for filing GST returns for the first two months after the GST rollout in India, the revised GST rates and rules passed till June 18, 2017, the new law making it mandatory to link all existing and new bank accounts with the Aadhaar biometric identification number, and the daily pricing system introduced for the fuel market.
India Regulatory Brief: FIPB Abolished, Pending Transition Rules and GST Rates Approved
In this week’s Regulatory Brief, we look at the abolition of the FIPB and new FDI approval norms in India, latest updates from the GST Council, and the new security guidelines issued by the IT ministry for government agencies handling personal information.
Ports in India: Government Incentives for Investment
India’s geographical location offers it a great opportunity to become a maritime hub, given its access to major international trade routes across the Indian Ocean between Europe and Asia. In this article, we cover the main regulatory incentives and federal policy measures for the port sector in India.
India Regulatory Brief: GST Schedule for Goods and Services, RBI Removes Restrictions for Bank Branches
In this week’s Regulatory Brief, we look at the final GST schedule that details the tax rates for goods and services, new parameters for what constitutes a bank branch or banking outlet in India, the draft Fugitive Economic Offenders Bill, 2017, and implications of India’s accession to the TIR Convention.
A Guide to Franchising in India
India offers enormous potential for foreign franchisors who tailor their brand to fit into the country’s dynamic consumer market.