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1.

INDIA: Expedited Customs Clearance Prioritised in Line with Overall WTO Commitments

11 Aug 2017

Under the terms of the recently announced National Trade Facilitation Action Plan (NTFAP), perishable goods are to be cleared by the Indian customs authorities within 12 hours of their initial import,...Read More

2.

China Reaps Benefits of India's Expanding Auto Aftercare Market

10 Aug 2017

Level of mainland auto component exports to India continues to surge, with sector now valued at US$39 billion....Read More

3.

INDIA: 10% Customs Duty Imposed on Imported Mobile Phone Chargers and Adapters

19 July 2017

Customs duty of 10% is now payable on all imported mobile phone chargers and adapters. The tax on such items was authorised as of July 14, following the amendment of a 2005 regulation that had erroneo...Read More

4.

INDIA: Supplies to Businesses in SEZs Exempted from Goods and Services Tax

13 July 2017

Goods and services provided to or imported by businesses in India’s Special Economic Zones (SEZs) will be exempted from the Goods and Services Tax (GST), which came into effect across the country on 1...Read More

5.

INDIA: Re-designated Medical Devices Now Subject to Drug Price Regulation Regime

11 July 2017

Certain medical devices may now be re-classified as drugs at the discretion of the Ministry of Health. All such re-designated devices will then fall within the remit of the Ministry’s price regulation...Read More

6.

INDIA: Raft of Incentives Announced for New Investment Projects in Uttar Pradesh

7 July 2017

A raft of new incentives are on offer for prospective investment projects in India’s northern Uttar Pradesh state. While the incentives on offer will be extended to all industrial sectors, the state g...Read More

7.

INDIA: Debts Owed by Smaller Companies Now Recoverable in 90 Days

26 June 2017

The insolvency debt recovery period has now been fast-tracked in the case of start-ups and small companies. While it currently takes 180 days to complete the process for all insolvent companies, credi...Read More

8.

INDIA: 60-day Limit for the Processing of FDI Proposals Announced

12 June 2017

FDI proposals requiring prior government approval will now be processed within 60 days, with ministries having to approve/reject all such applications within that agreed timeframe....Read More

9.

INDIA: Tax Rates for Textiles, Footwear and Gold Announced

8 June 2017

The relevant tiers for the textiles and footwear sectors under the terms of the incoming Goods and Services Tax (GST), effective 1 July, have now been announced....Read More

10.

Aviation Embarks on Second Golden Age with Asia Taking the Helm

2 June 2017

After many years in the doldrums, the global aviation industry has apparently bounced back into profitability, at least according to delegates to this year's Aviation Festival Asia, but can this long-...Read More

11.

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

12.

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

13.

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

14.

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

15.

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

16.

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

17.

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

18.

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

19.

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

20.

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

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