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1.

INDIA: Goods and Services Tax Bands Formally Announced

23 May 2017

More than 1,200 individual goods and services have now been allocated across the four tax tiers specified under the terms of the incoming Goods and Services Tax (GST), the centrepiece of the governmen...Read More

2.

Indian Buyers: The New Delhi Survey

19 May 2017

HKTDC organised its inaugural Lifestyle Expo in New Delhi in December 2016. HKTDC Research used this opportunity to conduct survey and on-site interviews to gather more business intelligence on the In...Read More

3.

INDIA: Central Bank Given New Powers in Crackdown on Loan Defaulters

10 May 2017

The country’s central bank, the Reserve Bank of India (RBI, has now been granted the right to instruct other banks and financial institutions to begin insolvency resolution proceedings against parties...Read More

4.

INDIA: Use of Monitoring Agencies Now Mandatory for Public Offerings in Excess of US$15.5 Million

4 May 2017

Appointing a monitoring agency is now mandatory for any public offering in India, where the total value of shares sold exceeds INR 1 billion (US$15.55 million)....Read More

5.

INDIA: Overseas-Sourced Mobile Phones to Face 5-10% Import Levy

2 May 2017

Customs duties of between 5 and 10% will be levied on imported mobile phones under a government proposal to abolish their duty-free status....Read More

6.

INDIA: Latitude and Longitude of Fixed Assets Now a Standard Mortgage Requirement

28 April 2017

Companies that use fixed assets as security for mortgages and loans in India are now obliged to specify their exact locations, including their precise latitude and longitude....Read More

7.

Doing Business with India: Contrasting Business Environments of Eastern and Western States (2) podcast

26 April 2017

India is a federal country of 36 states and union territories, each of which has its own unique socio-economic environment and set of government policies. This article contrasts the business environme...Read More

8.

Doing Business with India: Contrasting Business Environments of Eastern and Western States (1) podcast

26 April 2017

India is a federal country of 36 states and union territories, each of which has its own unique socio-economic environment and set of government policies. This article contrasts the business environme...Read More

9.

INDIA: 250,000 Dormant Businesses to be Purged from Register of Companies

21 April 2017

Some 250,000 businesses across India face being struck off the Register of Companies on the grounds of inactivity. The purge will apply to any company that has either failed to commence business opera...Read More

10.

INDIA: Local Businesses Now Cleared to Merge into Overseas Companies

20 April 2017

Indian companies will now be permitted to merge into overseas businesses for the first time, following an amendment to the Companies Act (2013) on 13 April....Read More

11.

INDIA: Legislation Paves Way for Rationalisation of Indirect Taxation

6 April 2017

Four supplementary bills are set to be adopted in the run-up to the July 1 enactment of the Goods and Services Tax (GST), the centrepiece of the Indian government’s bid to rationalise the country’s fr...Read More

12.

Doing Business with India: Opportunities Arising from GST Reform podcast

29 March 2017

India’s Goods and Services Tax (GST), a key policy initiative passed in August 2016 and expected to be implemented in the second half of 2017, is regarded as a landmark economic initiative since the B...Read More

13.

INDIA: Small Businesses to Get 5% Corporate Income Tax Cut from Incoming Finance Bill

27 March 2017

Companies with an annual turnover of INR500 million (US$7.6 million) or less are to pay corporate income tax (CIT) at a reduced rate of 25%, a 5% cut from the current rate....Read More

14.

INDIA: Accelerated Trademarking Process Cuts Paperwork While Increasing Fees

8 March 2017

The number of application forms required to register a trademark in India has been slashed from 74 to just eight, as the government looks to streamline this once notoriously lengthy process....Read More

15.

Drinks Exhibitors Toast the Good Health of India's Brewing Sector

7 March 2017

Driven by its still expanding middle class and ever-rising levels of disposable income, India's brewing sector finds itself in surprisingly good cheer, according to many exhibitors and attendees at th...Read More

16.

INDIA: Purge of Outdated Commercial Vehicles Set to Boost Domestic Auto Industry

17 Feb 2017

Owners of commercial vehicles that are more than 15 years year old are to be incentivised to replace them with new ones....Read More

17.

INDIA: Foreign Investment Promotion Board Scrapped as FDI Regime Faces Further Liberalisation

9 Feb 2017

With the country’s Foreign Investment Promotion Board (FIPB) now set to be scrapped, all future FDI proposals requiring prior government approval will be solely handled by the relevant ministries....Read More

18.

INDIA: Electronics Manufacturers Set for Capital Expenditure Subsidy in Bid to Boost Domestic Production

2 Feb 2017

Electronics and components manufacturing firms are to be incentivised to boost domestic production. Under the terms of the newly-approved Modified Special Incentive Package Scheme (M-SIPS), a 20% subs...Read More

19.

INDIA: Cash Transactions Set to be Taxed in Bid to Boost Digital Payments

26 Jan 2017

All cash transactions with a value of more INR 50,000 (US$733) are to be taxed under new government proposals. The legislation also looks to abolish transaction charges on credit and debit card paymen...Read More

20.

INDIA: Imported Telecom Products to Undergo Government Screening from 1 April

5 Jan 2017

Telecom equipment imported into India is to be subject to security screening at government-affiliated laboratories. Beginning as a pilot scheme from 1 April, the first phase will focus on any telecom ...Read More

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