Other Briefings
State by State: India and Wisconsin Trade
Wisconsin’s imports from India continue to grow, but India has yet to benefit from the record amount of exports Wisconsin produced in 2014.
Gujarat Bags Bulk of Investment from Modi’s China Trip
Modi helped secure over US $22 billion in investments from China during his trip to the country last month, but much of this investment will go to Gujarat.
State by State: India and Illinois Trade
In 2014, trade between Illinois and India increased 50.4 percent from the previous year. Many Illinois businesses will benefit from market developments in India.
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.
ESDM Industry Primed for India’s Growing Electronics Market
India’s hardware industry is not as strong as its world-beating software industry. The Indian ESDM industry is unable to meet local demand for electronics – this is an opportunity for companies that want to make and sell in India.
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 […]
State by State: India and Rhode Island Trade
Located along the Northeast corridor of the United States, Rhode Island is a mere 180 miles from New York City. The small coastal state is known for its knowledge economy based on its elite universities and hospitals. Trade between Rhode Island and India began in 1792 and boomed in 2014. Here, we examine the state of trade and investment between India and Rhode Island.
Monsoon Season: India’s Real Finance Minister?
President Pranab Mukherjee once remarked that monsoon season was India’s true finance minister. Foreign observers may find the statement odd, but expatriates with experience doing business in India will sympathize with Mukherjee’s sentiments.
