India Briefing News

New Disclosure and Compliance Obligations for Listed Companies in India

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SEBI, the securities and commodity market regulator, has amended the disclosure requirements and corporate governance obligations for listed companies in India. We discuss the key changes applicable from July 2023.

India-US Ties 2023: Modi Trip Refocuses Attention to Trade, Tech, Defense

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We discuss recent developments in the India-US economic partnership and key agendas ahead of Prime Minister Modi’s upcoming visit to the US on June 21, 2023.

Understanding How the UK’s Withdrawal of GSP Concessions Will Impact Indian Exporters

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Indian exports to the UK are set to be impacted by changes to duty concessions under the new DCTS system as London withdraws the GSP scheme.

Investing in India’s IT Sector: Opportunities for Foreign Companies

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We discuss why investing in India’s IT sector continues to be an attractive and cost-effective proposition for foreign firms and global MNCs.

India’s US$455m Subsidy Scheme for Battery Storage Projects

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India will reportedly provide incentives totaling US$455.2 million to companies undertaking battery storage projects.

Tax, Accounting, and Audit in India 2023-24 – New Publication from Dezan Shira & Associates

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This comprehensive guide, applicable for the financial year 2023-24, will enable foreign investors to stay tax efficient and compliant under India’s corporate and tax laws.

SEBI Introduces Framework for Execution Only Platforms (EOPs) for India Mutual Fund Transactions

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From September 1, 2023, Execution Only Platforms (EOPs) that enable direct mutual fund transactions without providing investment advice must obtain an EOP license from SEBI or AMFI. We discuss the regulatory obligation.

Amendments to IAS 12: Temporary Relief for Accounting Deferred Taxes under OECD Pillar Two Rules

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Recent amendments to IAS 12 offer temporary relief to MNEs from the accounting requirements for deferred taxes arising from the implementation of the OECD’s Pillar Two. Companies can immediately benefit from the temporary exception, while specific disclosures to investors are required for annual reporting periods starting on or after January 1, 2023.

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