Other Briefings
Service Charge Notification Confounds Consumers, Industry in India
The government recently notified hotels and restaurants that service charges are voluntary, rather than mandatory. The notification has caused confusion for consumers as well as those in the service industry. This article explains the service charge notification and its effect in the market.
New SEZ App to Benefit Importers, Exporters
The government has launched a new mobile app to help businesses in SEZs. Foreign investors should explore the app to learn more about SEZs in India, while businesspeople with SEZ operations should assess whether the app can help streamline aspects of their business.
India Regulatory Brief: Telecom Network Audit, Risk Controls for Insurance Industry
In this week’s Regulatory Brief, we profile an upcoming audit for telecom networks, a proposal for insurance industry risk controls, and a law that could put real estate developers in Tamil Nadu’s jails.
Restrictions Eased for Companies in International Financial Service Centers in India
The Indian government eased several restrictions for private companies in international financial service centers. These include granting such firms exemptions from several norms in the Companies Act, 2013. Read on to find out about the developments and how it can help companies do business in India.
India Regulatory Brief: Startups May Be Exempt from Local State Laws, Companies Act Norms Relaxed for IFSC Firms
In this week’s Regulatory Brief, we discuss the move to exempt startups from local state laws and the government’s changes to its VC funding scheme, the relaxation of Companies Act norms for IFSC firms, and the latest tax notifications from the CBEC and CBDT agencies.
India Regulatory Brief: Central Bank Raises ATM Withdrawal Limits and India, Singapore amend Tax Treaty
In this week’s Regulatory Brief, we look at increased withdrawal limits at ATMs, an amended tax treaty between India and Singapore and a credit scheme for small, medium and micro enterprises.
India Regulatory Brief: India Offers Tariff Reduction on China Goods and Telecom Imports to Be Screened from April 2017
In this week’s Regulatory Brief, we look at India’s latest trade concessions vis-a-vis China and ASEAN in the ongoing RCEP negotiations, the Indian government’s decision to start local inspection of telecom component imports from April 2017, and the Action 14 (BEPS Project) reform undertaken by India’s Ministry of Finance.
Bill on India’s Ports Approved
India’s government just approved the Major Port Authorities Bill, 2016, which is expected to transform the development and functionality of the country’s ports and boost investments into the shipping industry. Learn about how the government plans to make India’s major ports efficient and use them to grow the country’s economy.
