Other Briefings
How to Establish a Business in India: Choosing a Low-Risk Entry Model – New Issue of India Briefing Magazine
India has earned a reputation as a difficult place to do business. In the new issue of India Briefing magazine, we examine the government’s new eBiz portal and a low-risk market entry model for India. This magazine helps foreign investors gauge their entry options before diving into the Indian market.
India’s Ease of Doing Business to be Improved with New Companies Amendment Act
India’s Companies Amendment Act of 2015, effective May 26, updates the previous 2013 amendment with new provisions designed to improve the ease of doing business. It addresses issues such as incorporation, corporate governance and management of subsidiaries, and demonstrates that the government is committed to making the law more responsive to the foreign investment community.
India Regulatory Brief: ITR Form Simplified, Filing Date Extended to August 31
This week, we examine the new ITR form and filing date, black money amnesty plans and an increase in FDI for India.
India Regulatory Brief: Online PAN Database, Medical Devices Regulator Forthcoming
This week, we examine plans for an online PAN database for taxpayers and a medical devices regulatory body as well as a power tariff hike in Delhi.
India Regulatory Brief: Opening a Bank Account to Become Easier, Modi May Allow Foreign Universities
This week, we examine new rules for opening a bank account, Modi’s interest in allowing foreign universities to setup and a labor reform plan.
India Regulatory Brief: NGO Regulations May Tighten, Reform for Life Sciences Promised
This week, we examine a reported plan to tighten NGO regulations, a reform for Life Sciences and the impact of the Maggi recall.
India Regulatory Brief: Tax Collection to Widen in Tier-II Cities, Company Registrations on Decline
The Income Tax Department plans to expand its tax collection activities in Tier II cities, such as Jaipur in Rajasthan state, Indore in Madhya Pradesh state and Vishakhapatnam in Andhra Pradesh state. The initiative follows a directive from the federal government to increase the number of taxpayers in the country by 2.5 million individuals and entities every month.
India Regulatory Brief: New Service Tax Effective June 1, FDI Rules Relaxed for NRIs
New Service Tax Rate Effective June 1 The Central Board of Direct Taxes (CBDT) confirmed that the new 14 percent service tax rate will take effect on June 1, replacing the current 12.36 percent rate. Although the new service tax rate was recently passed in the in the Finance Act, 2015, the CBDT had not […]
