India Briefing News

India-Malaysia Economic Partnership: Challenges, Prospects, and Strategic Collaborations

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This article explores India Malaysia trade ties, highlighting collaborations, challenges, and prospects for economic growth.

India’s Corporate Governance Reforms: Key Regulatory Changes to Pay Attention to in 2024

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India’s corporate governance reforms have digitized compliance requirements while also increasing scope for scrutiny. We list key changes implemented throughout the year that companies doing business in India should be mindful of going into 2024.

Recent Changes to Form 10F: A Guide for Non-Residents Seeking to Claim DTAA Benefits in India

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Recent amendments to Form 10F procedures in India require electronic filing as a mandatory compliance to successfully claim DTAA benefits.

India’s Industry and Trade Promotion Body Releases Year-End Report for 2023

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DPIIT, India’s trade & industry promotion body, highlights key schemes and economic milestones that facilitate the country’s foreign investment climate, including support for export-oriented production, reduction of compliances, expanding the industrial base, and financing for startups and MSMEs.

India’s Antitrust Regulator CCI Circulates Draft Rules on Determining Company Turnover

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The Competition Commission of India (CCI) is inviting feedback on the proposed rules for calculating company turnover/income from December 22, 2023, to January 12, 2024. Comments must be submitted by completing the form exclusively available on the CCI website.

Significance of the Tax Residency Certificate in India

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The Tax Residency Certificate is a proof of residency, and can ensure that income is not doubly taxed—once in the source country and again in the resident country.

Conducting a Market Feasibility Study for Your India-Bound Investment

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To succeed in India, businesses are advised to conduct a market feasibility study to pick investment-friendly and cost-effective destinations best suited to their enterprise needs. We discuss key parameters for this pre-entry strategy.

India’s US$2 Billion Green Hydrogen Scheme Highlights Renewables Investment Focus

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India received bids from 34 companies for subsidies on green hydrogen production and electrolysis manufacturing under the India Green Hydrogen Mission. The mission targets a production capacity of 5 million metric tonnes by 2030, a reduction of over INR 1 trillion in fossil fuel imports, and a decrease of nearly 50 MMT in annual greenhouse gas emissions.

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