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1.

Make in India: Phased Manufacturing Programme Fuels Demand for Electronic Parts (2)

17 April 2018

India was Hong Kong’s third largest export market in 2017 and its fourth largest market for electronics and electrical parts. But with India determined to strengthen its electronic clusters and boost ...Read More

2.

Make in India: Phased Manufacturing Programme Fuels Demand for Electronic Parts (1)

16 April 2018

India was Hong Kong’s third largest export market in 2017 and its fourth largest market for electronics and electrical parts. But with India determined to strengthen its electronic clusters and boost ...Read More

3.

INDIA: New Criteria for Verifying Foreign Portfolio Beneficiaries Introduced

13 April 2018

Under new criteria adopted by the Securities and Exchange Board of India (SEBI), the Beneficial Owners (BOs) of Foreign Portfolio Investors (FPI) will be deemed to be individuals owning a 25% stake (o...Read More

4.

Sweet Smell of Success Wafts in from India's Surging Fragrance Market

11 April 2018

With 10% per annum growth over the past five years, profits are not hard to sniff out in the Indian scent sector....Read More

5.

India Steps Back from Bold 2030 Electric Vehicle Adoption Deadline

6 April 2018

Although dropping its ambitious commitment to permitting solely the sale of electric vehicles within 12 years, the country is still seeking to pursue its environmentally-friendly transport agenda, alb...Read More

6.

INDIA: 10% Customs Duty Imposed on Imported Mobile Phone PCBs, Camera Modules and Connectors

6 April 2018

Basic Customs Duty (BCD) of 10% is now payable on all imported populated printed circuit boards (PCBs), camera modules and connectors for mobile phones....Read More

7.

INDIA: Import of Pre-owned Electronic Goods for Export Processing Approved

4 April 2018

Pre-owned electronic goods will now be permitted to be imported into India on the condition that the imported items are exported....Read More

8.

INDIA: Customs Duty on Open Cell Displays Cut from 10% to 5%

29 March 2018

The Indian government has cut the Basic Customs Duty (BCD) on imported open cell displays for LED and LCD television panels from 10% to 5%....Read More

9.

INDIA: Up To 70% Safeguard Duty Looms Over Solar Cell Imports

29 March 2018

A safeguard duty of up to 70% will be imposed on all solar cells imported into India from developed countries as well as from China and Malaysia for a period of 200 days if a proposal to that effect, ...Read More

10.

INDIA: Fixed-Terms Contracts Now Approved for Use in Every Business Sector

23 March 2018

Companies in every business sector in India are now allowed to offer fixed-terms employment contracts to all staff members. Previously, such contracts could be extended only to temporary staff in the ...Read More

11.

Hong Kong and India Conclude Double Taxation Avoidance Agreement

22 March 2018

Proposals to curtail double taxation problem come to fruition, although implementation awaits governmental ratification....Read More

12.

INDIA: Hong Kong Double Taxation Avoidance Agreement Sees Withholding Tax Cut to 10%

22 March 2018

A reduction in the applicable level of Withholding Tax (WHT) from 20% to 10% in the case of Hong Kong residents is one the key benefits of the Comprehensive Agreement for the Avoidance of Double Taxat...Read More

13.

INDIA: E-Waybill Clarifications and Amendments Issued Prior to 1 April Implementation

12 March 2018

With the proposed movement of any goods valued at INR50,000 (US$776) or above over a distance of 10km or more having to be pre-registered online, a number of clarifications have been issued regarding ...Read More

14.

INDIA: In-Person Tax Assessments Abolished in Favour of Online Processing

1 March 2018

Taxpayers (or their appointed representatives) will no longer be required to attend the offices of the country’s Income Tax Department for tax assessment or verification purposes....Read More

15.

E-commerce and Indian Gems Transform Russian Jewellery Sector

5 Feb 2018

With free trade with India looming and e-commerce whittling away at traders, jewellers face an uncertain future....Read More

16.

INDIA: Customs Duty Raised on Phones, Auto Parts, Jewellery, Sunglasses and Toys

2 Feb 2018

The Indian government has raised the Basic Customs Duty (BCD) on a range of imported products, including mobile phones, toys, watches, footwear, imitation jewellery as well as certain specified precio...Read More

17.

INDIA: State Approval No Longer Required for 100% Overseas Ownership of Single Brand Retailers

12 Jan 2018

Overseas investors can now own a 100% stake in single brand retail operations without requiring official pre-approval (that is, through the automatic route)....Read More

18.

INDIA: New e-Waybill Requirement Waived for Transportation of Overseas Cargo Prior to Customs Clearance

20 Dec 2017

The newly mandated rule requiring goods to be registered online prior to their transportation within India will be given a waiver if the overseas cargo is moved between an international port of entry ...Read More

19.

India: Market Profile

14 Dec 2017

India is expected to remain the world’s fastest-growing major emerging economy in 2017 with a projected growth of 6.7%, after expanding 7.1% in 2016....Read More

20.

INDIA: 4% Duty Exemption on Imported Inputs Extended on Multi-Industry Basis

11 Dec 2017

The 4% duty exemption on imported inputs, previously solely on offer to exporters of readymade garments (RMG) and made-ups, has now been extended to micro-businesses and SMEs, as well to all labour-in...Read More

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