India’s CBDT Extends Corporate Tax Filing Deadline for AY 2024-25
India’s Central Board of Direct Taxes has extended the corporate tax filing deadline for AY 2024-25 from October 31 to November 15, 2024. Although, deadlines for specific tax forms remain firmly set for October 31, 2024.
Key Manufacturing Clusters in India: A Sector-Wise Breakdown
India’s specialized manufacturing clusters, from automobiles to electronics, drive economic growth by boosting production, exports, and foreign investment.
India’s Tax Authority Retains 1% and 3% Tolerance Range for Transfer Pricing for AY 2024-25
India’s Central Board of Direct Taxes (CBDT) has set a 1-3% tolerance range for transfer pricing in AY 2024-25, promoting compliance certainty and reducing audit risks business transactions.
India-UAE 2024 BIT: Striking a Balance Between Investment and Autonomy
Recognizing the UAE as a vital economic partner, India upgraded its Bilateral Investment Treaty (BIT) in 2024. We discuss the treaty’s key features to better facilitate India-UAE bilateral commercial relations and investments.
FAQs on the Special Valuation Branch (SVB) in India: A Guide for Importers
By understanding the role and procedures of the Special Valuation Branch in India, businesses importing goods can effectively navigate the complexities of related party transactions and ensure compliance with Indian customs regulations.
Why BRICS Matters and India’s Strategic Role in the Multilateral Grouping
India’s engagement in BRICS, as witnessed during the 2024 Kazan Summit in Russia, reflects its dual focus on expanding influence in both Western-led and Global South platforms.
Navigating India-Türkiye Relations: Opportunities and Challenges
India and Türkiye’s relationship, while challenged by political tensions, shows potential for growth through economic collaboration, trade, and initiatives like the ADR partnership and tech visa program.
End of India-China Border Standoff Signals Hope for Cross-Border Business Engagement
India and China have hit a diplomatic reset at the Kazan BRICS Summit, resolving to end their prolonged military standoff in Ladakh. We discuss the implications for Asia’s two biggest economies and the expectations of business and industrial stakeholders.