India Regulatory Brief: Tax Exemptions for Startups, Further E-Commerce Regulations
The Indian government is devising an incentive scheme for startups which proposes exemptions from service tax and excise duties, while India’s e-commerce industry may be facing extensive regulatory reform.
India Regulatory Brief: New Medical Device Regulations for 2015, GDP Growth Revised
This week’s regulatory brief discusses the health ministry’s proposed draft of the Drugs and Cosmetics (Amendment) Bill, India’s revised GDP growth in the 2013-14 financial year, and the push for new policy regulating the operation of online pharmacies in India.
India Regulatory Brief: India Eases Foreign Exchange Management Laws, India/Switzerland to Exchange Tax Info
In this week’s Regulatory Brief, we discuss the Swiss Government’s decision to cooperate with plans for the exchange of tax information with India, and look at how India has liberalized its foreign exchange management laws.
A Guide to India’s Transfer Pricing Law, Part 2: Should BEPS be on India’s Radar?
The BEPS project calls upon world governments to implement change in tax policies to prevent artificial segregation of taxable income. Here, we discuss whether the OECD’s ongoing work on BEPS should inform India’s domestic tax framework.
Land Acquisition May Become Easier in India, but Risks Remain
In recent weeks, the India government announced two initiatives that will make acquiring and repurposing land easier for many businesses. However, land acquisition and environmental regulations remain sensitive issues; market entry and business advisory services are still mission-critical for foreign companies.
India Regulatory Brief: Indian Mines Open up to Auction, India-ASEAN FTA from July
In this week’s regulatory brief, we discuss India’s executive order for the auction of iron ore, bauxite, zinc, copper, and a number of other mines, and the India-ASEAN FTA that will now come into force by July this year.
India Moves Towards Revamping its Arbitration Regime
Several key amendments to India’s arbitration regime have been proposed and could be implemented in the coming months, with the intended effect to make India a hub for international commercial arbitration.
India Regulatory Brief: New Indian Accounting Standards, Changes to Environmental Law
In our first India Regulatory Brief, we discuss India’s revised roll-out for new Indian Accounting Standards, the changes that have been announced to India’s environmental laws, and the reduction of up to 15 percent now applicable for installation of rooftop solar power panels.