Other Briefings
Newly Sanctioned India Railway Projects Expected to Boost Connectivity, Improve Logistics
In an effort to lower logistical costs and improve nationwide connectivity, India’s Union Cabinet of Economic Affairs has approved eight new railway line projects.
Profiling India-Italy Trade and Commercial Relations
India and Italy have significantly strengthened their trade, commercial, and strategic relations in recent years, agreeing to expand cooperation in renewable energy, green hydrogen, IT, semiconductors, space, and telecommunications.
India Launches New Portal to Expedite Business Visas for Chinese Technicians
India has launched a dedicated portal, which became operational in August 2024, to streamline the visa process for professionals from China.
Record Turnover for India’s Auto Component Industry: Details Here
India’s automotive component industry reached a record turnover of INR 6.14 trillion (US$73.1 billion) in FY 2023-24. The government has identified 28 key components for indigenization under its ‘localization roadmap’ to support the ‘Make in India’ initiative.
Eight National Highway Projects Sanctioned, Expected to Boost India’s Connectivity
India has approved eight national high-speed road projects totaling 936 km, investing INR 506.55 billion (US$6.03 billion) to improve logistics efficiency and connectivity.
Capital Gains Tax in India: An Explainer
In India, any profit or gain arising from the sale of a capital asset is deemed as capital gains and is charged to tax under the Income-tax Act, 1961. We discuss the latest changes to taxation of capital gains introduced under the Union Budget 2024.
Tax Dispute Resolution Scheme for Contractors in Government Procurement in India
The Vivad se Vishwas, or VsV scheme, aims to reduce tax litigation in India by offering a simple, efficient mechanism for taxpayers to settle their disputes with tax authorities.
Effectiveness of Advance Pricing Agreements in India’s Complex Transfer Pricing Environment
We discuss India’s advance pricing agreement (APA) program, their sector-wise distribution, and usefulness amid a complex transfer pricing regime.
