Other Briefings
India Rekindles Coal Sector, Allows Public-Private Partnerships
Oct. 28 – Following years of production deficits, the Indian government will now seek public-private partnerships (PPP) in the coal sector to boost domestic production, according to a draft agreement submitted this month by the Planning Commission. The coal sector, which is largely dominated by the state-owned mining company Coal India, has experienced perennial production […]
Visa Applications and Registration in India
When applying for a long-term visa in India, there are a number of procedures and legal frameworks that must be understood. In this article, we discuss the documents necessary for a foreigner to work in India.
India Develops Information Technology Investment Region
Sept. 24 – Hyderabad is soon to be home to a new Information Technology Investment Region (ITIR) following last week’s approval by the Cabinet Committee on Economic Affairs for new ITIR developments. The ITIR, which will include special economic zones and industrial parks, is expected to become a key information technology hub in the region […]
India to Boost Infrastructure Investment Through Trust Fund
Sept. 24 – The Indian government is currently working to set up a long-term infrastructure trust fund that would be open to both foreign and Indian investors – which would be similar to the real estate investment trusts in countries such as Singapore, Hong Kong and the US – by the end of this year […]
New Issue of Asia Briefing: Work Visa and Permit Procedures Across Asia
In this edition of Asia Briefing Magazine, we outline the specific documents required for foreign nationals working in China, India, Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam, as well as highlight the relevant application processes in each of these countries. Attention is also given to the role of the sponsoring company and the regulations they must adhere to.
India Passes Pension Bill to Increase Foreign Investment
Sept. 5 – After nearly ten years of debates and negotiations, the Lok Sabha – India’s lower house of Parliament – finally cleared the long-awaited Pension Fund Regulatory and Development Authority (PFRDA) Bill today in a step towards creating a stronger pension industry and to attract additional foreign and private sector investments. The bill must […]
India to Set Up Tax Administration Reform Commission
Aug. 29 – On Monday, the Indian government set up its first Tax Administration Reform Commission, a seven-member panel that is to be chaired by well-known Indian economist Parthasarathi Shome. The Commission was created with the purpose to review India’s tax laws and make recommendations for the creation of a “stable and non-adversarial tax administration.” […]
India Drafts Safe Harbor Policy to Reduce Transfer Pricing Disputes
India’s Ministry of Finance has released a draft proposal with new rules governing the safe harbor policy for transfer pricing calculations, aiming to simplify and codify the country’s transfer pricing scheme
