India Briefing News

Getting to Know India’s First International Financial Services Center at GIFT City

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India’s first International Financial Services Center (IFSC) at GIFT City offers several fiscal, tax, and operational incentives to the financial services sector.

India’s Finance Act 2023: Essential Updates for Businesses

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India’s Finance Act, 2023, in effect from April 1, 2023, introduces significant tax changes for businesses operating in the country, necessitating careful consideration.

India’s New Foreign Trade Policy 2023 in Effect from April 1: Key Points

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India’s new Foreign Trade Policy 2023 will be a dynamic one with no end-date announced. We discuss the key changes to boost export commerce.

India’s Exports Hit Record High of US$750 Billion Despite Global Recession

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India’s exports reached a historic high of US$750 billion – a phenomenal 35 percent increase from US$500 billion recorded in FY 2020–2021.

India’s New Foreign Trade Policy Expected to be Announced March 31

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India will announce its new Foreign Trade Policy (2023-2028) on March 31, Friday, as its previous policy lapses after multiple extensions.

India Extends PAN-Aadhaar Linking Deadline from March 31 to June 30, 2023

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Failure to link PAN and Aadhaar by June 30, 2023 will render PAN inoperative, limiting taxpayers from important financial activities such as filing tax returns, using banking services, and conducting stock market transactions.

Tamil Nadu’s New Logistics Policy Aligns with India’s Infrastructure Masterplan

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Tamil Nadu recently launched its highly focused Logistics Policy and Integrated Logistics Plan (TNILP) 2023, with clear incentives for participating stakeholders.

Essential Personal Finance Compliance Checklist for India as March 31 Deadline Approaches

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We note key tasks on the personal finance checklist for individuals in India as the country’s financial year ends March 31, 2023.

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