India Holds Auction for 20 Blocks of Critical Minerals, Including Lithium and Graphite
Following regulatory changes, India will seek bids for 20 blocks of critical minerals. Mining, mineral processing, and production of lithium, graphite, and REE are key to critical sectors like renewables, gigafactories, pharma, electronics, telecom, and defense.
India’s Economic Rise: How Global Tech Giants are Chasing the Next Big Growth Engine
India stands as a tech haven, with major tech firms like Apple, Microsoft, and Meta witnessing exponential growth and showcasing the country’s resilience, driven by strategic positioning, a commitment to digitalization, and demographic advantages.
ICAI Releases Draft Auditing Standards for LLPs in India, Seeks Public Comments by January 6
The Institute of Chartered Accountants of India has released an exposure draft for public comments until January 6, 2024, proposing new auditing standards for Limited Liability Partnerships (LLPs) in India to align them with prevailing corporate auditing norms.
Understanding How the Concept of Significant Economic Presence Applies in Indian Taxation
We explore tax provisions on ‘significant economic presence’ in India and compare with the equalization levy liability amid stakeholder concerns.
CBIC Directs Tax Officials in India to Upload GST Tax Notice Summaries Online
CBIC directs tax officials to upload digital summaries of GST notices, per law, for compliance transparency and streamlining bureaucracy.
India’s Outlook for 2024-25: Key Growth Areas and Investment Prospects
We discuss India’s economic outlook for 2024-25 and promising sectors for foreign investment as the country enters a general election year.
Navigating ESIC and Provident Fund Registration for Companies in India
We outline the mandatory registration timelines and procedures for Indian companies under ESIC and Provident Fund schemes.
Status of India’s Advanced Pricing Agreement Program: 95 APAs Signed in FY23 Offering Tax Certainty
The Advanced Pricing Agreements address complex transfer pricing issues, mitigating the need for litigation and align with India’s objective of enhancing the ease of doing business.