Legal & Regulatory

India Regulatory Brief: FDI Reform for B2C E-commerce Unlikely, New VNO License Proposed

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FDI Cap for B2C E-commerce to Remain Last week, Commerce Minister Nirmala Sitharaman met with public and private sector representatives to discuss foreign direct investment (FDI) for e-commerce in India. Local observers in the media speculated that the discussion might lead the government to raise, or even lift, the FDI cap on business-to-consumer (B2C) e-commerce. […]

India Regulatory Brief: 9,000 NGO Licenses Revoked, Maharashtra to Make Starting a Business Easier

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Government Crackdown on Foreign Funded NGOs The Ministry of Home Affairs (MHA) recently revoked the licenses of nearly 9,000 non-governmental organizations (NGOs). The MHA revoked the licenses for non-compliance with Section 18 of the Foreign Contributions Regulation Act (FCRA), which stipulates that NGOs must declare financial contributions from abroad to the central government.

India Regulatory Brief: Positive Defense Reform, Hiccups for Web-Based Taxis and Medical Devices

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Validity of Defense Industrial License Increased The government extended the validity of industrial licenses for the defense industry from three to seven years. Further, defense companies can now extend the license for three additional years after the initial period. Industrial licenses are currently required to make items such as armored fighting vehicles, defense aircraft, warships, […]

India Regulatory Brief: Legacy Tax Issues Set for Committee, EPF Amendment Likely

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In this week’s Regulatory Brief, we examine government plans to review legacy tax cases, amend the Employees’ Provident Funds, and reform child labor laws.

India Regulatory Brief: Medical Devices Park, Simplified Income Tax Return Forthcoming

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India’s First Medical Devices Park Set for Gujarat The federal government announced plans to set up India’s first industrial park for manufacturing medical devices in Gujarat, Prime Minister Narendra Modi’s home state. The Gujarat state government has earmarked land in Sanand, an automobile manufacturing hub, for medical device manufacturers. The National Institute of Pharmaceutical Education […]

India Regulatory Brief: New Bilateral Investment Treaty, Government Moves to Shorten Environmental Clearance Process

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In this week’s Regulatory Brief, we discuss a new bilateral investment protection treaty designed to help foreign investors, government plans to shorten the environmental clearance process, and new municipal bond rules to make infrastructure funding easier.

India Regulatory Brief: Regulations for Internet Applications Taking Shape, Government Moves to Shorten Environmental Clearance Process

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In this week’s Regulatory Brief, we discuss news laws on gender equality, plans to regulate India’s Internet applications, and proposed changes that should reduce the time for environmental impact decisions from up to two years down to 30 days.

India Regulatory Brief: Delhi Gov Moves to Block Taxi Apps, Retrospective Amendment Won’t Tax Indirect Transfers

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In this week’s Regulatory Brief, we discuss the Delhi government’s recent decision to block taxi apps, analyze the CBDT’s retrospective amendment to tax indirect transfers, and look at how a ban on bull and bullock slaughter will affect the pharmaceutical Industry.

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