India Briefing News

International Law Firms and Foreign Lawyers Can Now Practice Law in India

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Foreign lawyers and law firms can now practice law in India by way of transactional and corporate work, such as JVs, M&A, IP matters, and drafting contracts, etc. on a reciprocal basis.

Revised MSME Competitive (LEAN) Scheme Launched in India to Boost Industry

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The government will subsidize MSMEs in India with modern business management tools under the revised MSME Competitive (LEAN) Scheme.

India’s Securities Regulator Asks Investors in India to Link PAN with Aadhaar by March 31, 2023

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India’s securities regulator, SEBI, has asked all investors to link their Permanent Account Number (PAN) with Aadhaar or face deactivation.

South Indian State of Karnataka Liberalizes Labor Law After Lobbying by Apple, Foxconn

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Karnataka will allow 12-hour work days in industries – but capped at a 48-hour work week, night shifts for women, and a maximum of145 overtime hours in a 3-month period.

Cryptocurrencies in India to be Subject to Anti-Money Laundering Compliance

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India will impose anti-money laundering (AML) provisions on cryptocurrency platforms and transactions to curb criminal activity.

India Tightens Release of FAME-2 Subsidies for EV Makers, May Not Extend Scheme

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Indian electric vehicle makers are being subject to tightened scrutiny over FAME-2 subsidies due to insufficient levels of domestic value addition.

India’s Per Capita Income for 2022-23 Doubles from 2014-15, but Wealth Unevenly Spread

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India’s per capita income doubled in 2022-23 – when compared to 2014-15, yet citizens are feeling the economic pinch. Here’s why.

Dholera SIR, Gujarat: Key Information for Foreign Investors in India

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Dholera Special Investment Region (DSIR) is a planned upcoming greenfield smart city located near Ahmedabad in the Indian state of Gujarat.

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