Other Briefings
Hyundai India’s Strategic IPO Entry to Strengthen Position in the Domestic EV Market
Hyundai India’s IPO listing is anticipated to be the largest ever in the Indian market, valued at US$2.9 billion. Investment banks like Citi, JP Morgan, HSBC, Morgan Stanley, and Kotak are advising Hyundai on the IPO entry.
India, U.S Extend Equalization Levy Deadline on E-Commerce Transactions
India and the US agreed to extend the equalization levy on e-commerce until June 30, 2024, with the aim to maintain stability in digital business operations between the two countries.
India’s Standing in the Emerging Asia Manufacturing Index 2024
According to the Emerging Asia Manufacturing Index 2024 published by Dezan Shira & Associates, India ranks highly on three indicators, namely, workforce, economy, and business environment. We contextualize the findings and discuss recent developments.
GST Council’s 53rd Meeting: Key Recommendations
The 53rd GST Council meeting held on June 22, 2024 recommended several measures to lessen the tax and legal burdens on taxpayers in India and facilitate trade. These recommendations will be implemented once the relevant circulars, notifications, or law amendments are issued, which will have legal force.
FDI in India FY 2023-24: Top State and Sector Beneficiaries
We discuss which Indian states and sectors received the most foreign direct investment (FDI) in FY 2023-24 and explain key trends observed. Overall, Maharashtra, Gujarat, and Karnataka remained top destinations while computer software and hardware and the services remained top sector beneficiaries.
India’s BIS Introduces Two New EV Safety Standards
The Bureau of Indian Standard (BIS) has announced two new quality standards to improve performance and safety of EVs in various categories.
Guide to Business Income Tax Return Filing in India
India Briefing provides information on business ITR filing in India, with the deadline for filing individual returns being July 31, 2024.
Understanding India’s Manufacturing Landscape
India is strategically positioning itself to become a global manufacturing hub to meet domestic growth objectives, achieve export targets, and fulfill geopolitical aspirations.
