Other Briefings
Preparing for Audit in India – New Issue of India Briefing Magazine Out Now
In Preparing for Audit in India, we discuss the types of audit, reporting thresholds by entity type, and new technology applications. We also provide practical advice related to the GST audit process and explain compliance related to the audit trail function.
Understanding the Role of Independent Directors in Indian Companies
Independent directors, per India regulations, play a pivotal role in balancing corporate interests and maintaining ethical oversight. Qualifications are stringent, there are limits on directorships, and appointments involve board approval.
Competition Law: India Introduces Draft Regulations for Commitment and Settlement Proceedings
On August 23, 2023, the Competition Commission of India (CCI) released draft rules for Commitments and Settlements under the Competition (Amendment) Act, 2023. These frameworks allow implicated companies to settle with the CCI in cases of abuse of dominance and anti-competitive agreements.
Chandrayaan-3: India’s Moon Landing Spotlights Space Sector Advancements
India’s successful soft moon landing on August 23 via the Chandrayaan-3 mission showcases its impressive space technology capabilities. The country’s space sector is currently witnessing a surge in private sector involvement, particularly by space-tech start-ups. FDI and tax regulations are also welcoming.
India Market Entry Strategy for International Retailers
International retailers and brands must carefully navigate the market entry requirements in India, such as FDI restrictions and the terms and conditions associated with e-commerce selling, licensing agreements, and franchises.
India’s Trade and Development with BRICS: Analysis and Opportunities
With the BRICS 2023 summit now underway, we examine the India-BRICS trade dynamics.
Legal Framework Underway to Establish India’s GIFT City as a Global Accounting Hub
India is working on the legal framework for its first IFSC at GIFT City in Gujarat to enable it to become a global financial center.
India Plans Manufacturing Incentive Scheme for Toys, Leather, and Footwear Products
India to expand PLI scheme to toys, footwear, and leather goods, boosting manufacturing and investment for economic growth and self-reliance.
