Other Briefings
New GST Amnesty Scheme from November 1, 2024: Key Compliance Details
India’s new GST amnesty scheme, effective from November 1, 2024, waives interest and penalties for non-fraudulent GST demands from 2017-18 to 2019-20.
Ratan Tata: Architect of the Tata Group’s Global Empire
Ratan Tata, the Chairman Emeritus of Tata Group and a globally influential industrialist, passed away in Mumbai on October 9, 2024, at the age of 86. We look back at his legacy at the helm of the group.
India Eases Export Rules for Dual-Use Technology to 41 Countries
India’s Directorate General of Foreign Trade (DGFT) has relaxed export rules for 36 dual-use items from Indian parent companies to their foreign subsidiaries in 41 countries.
India-Norway Trade and Investment Relations
India and Norway’s bilateral relationship, strengthened by the recent Trade and Economic Partnership Agreement (TEPA) with the EFTA bloc, creates significant growth opportunities in renewable energy, maritime technologies, and sustainable development sectors.
India’s Supreme Court Enables ITC Claims on Commercial Building Construction
India’s Supreme Court has allowed companies in the country to claim input tax credits (ITC) on construction costs for commercial buildings intended for rental purposes.
India Implements New Guidelines for Halal Meat Exports, Effective October 16
India has introduced new policy conditions for halal meat exports, effective from October 16, 2024. Such products must be processed in facilities certified under the ‘India Conformity Assessment Scheme (I-CAS) – Halal.’
India-UAE Bilateral Trade and Investment Profile
India-UAE relations have grown into a strategic post-COVID-19 partnership, focusing on defense, energy and renewables, and critical minerals.
India’s Anti-Trust Law Updates: Stricter Scrutiny, New Thresholds, and Faster Approvals
More provisions of the Competition (Amendment) Act, 2023 have taken effect as of September 2024, including deal value thresholds for high-value acquisitions, marking a complete overhaul of India’s anti-trust regime.
