Other Briefings
India Regulatory Brief: Online Portal for Filing Tax Returns, RERA in Effect since May 1
In this week’s Regulatory Brief, we discuss the income tax department’s launch of its online portal for filing tax returns for the AY 2017-18 onwards, the relaxation in the EPF scheme of 1952 that permits PF withdrawal by subscribers to pay medical bills, and the RERA Act that came into effect on May 1, 2017.
The New Benami Act – Considerations for NRIs and Foreign Investors
The new Benami Transaction (Prohibition) Amendment Act, 2016 is an outcome of the Indian government’s war against ‘black money’. In this article, we discuss the strengthened provisions of the Act as it tackles tax evasion in India’s real estate sector.
The Aadhaar Card: Now a Mandatory Proof of Identification
‘Aadhaar’ is a twelve-digit unique identification number issued by the government to all individuals residing in India, regardless of their citizenship. This article discusses its increased importance, latest related regulatory updates, and the process for securing an Aadhaar number.
Company Setup in India – Establishing Offices and Partnerships
A physical presence in India is essential to break into the country’s emerging market. This article breaks down the types of offices and partnership options available to foreign companies while weighing the respective benefits and drawbacks of each one.
India Regulatory Brief: Cross-Border Mergers Approved for Indian Businesses, Aadhaar Now Mandatory for Expats
In this week’s Regulatory Brief, we look at the shift in policy on mergers and acquisitions in India, the compulsory requirement of Aadhaar for expats living in India beyond 182 days, the move to de-register dormant companies, and the proposed cyber-security unit of the RBI.
India Regulatory Brief: India-Cyprus DTAA in Effect, GST Taxpayers to be Rated on Compliance
In this week’s Regulatory Brief, we look at the India-Cyprus Double Tax Treaty Agreement (DTAA) that came into force in April, the compliance benefits in the forthcoming goods and services tax (GST) system, and the changes in stamp duty levied by Karnataka state in land transactions involving large urban plots for non-agricultural use.
Business Branding versus Economic Reforms: An Updated View of Modi’s India
The regulatory landscape in India is changing with a concentrated effort on improving the ease of doing business. In this article, we break down the factors shaping India’s current business environment, identify major reforms passed, and examine the impact of growing state-based reforms.
Labelling and Customs Regulations in India
We discuss India’s labelling standards for both non-food and packaged food related segments, and how it differs from international norms.
