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Indian Textile Sector Goes Handicraft to Compete with Hi-Tech China

16 Aug 2019

China's technological domination of the textiles sector has led to its competitors in India and elsewhere embracing high fashion, traditional techniques and eco-friendly products, according to many at...Read More


INDIA: Consumer Protection Regime Revised and Extended

12 Aug 2019

In a bid to streamline the redressal of consumer grievances and the settlement of any disputes, a number of revisions to the country’s consumer protection regulations have been approved. Billed as the...Read More


INDIA: Budget Cuts Duty on Electric Vehicle Parts and Increases Levy on Precious Metals

22 July 2019

In a bid to promote the manufacture of electric vehicles in the country, the government has announced exemptions from the 10% Basics Customs Duty (BCD) for certain imported components, including e-dri...Read More


INDIA: Budget Approves 100% FDI for Insurance Intermediaries

19 July 2019

Overseas ownership of insurance intermediaries active in the country has now been given the go-ahead. This entitlement will extend to insurance agents and brokers, corporate agents, third-party admini...Read More


India: Market Profile

17 July 2019

The Indian economy has broadly benefited from the reforms undertaken by the Modi government, which continues to enact incremental reforms that should be positive for the economy. Over the next few yea...Read More


INDIA: Mandatory Social Security Contributions Cut for Employers and Employees

12 July 2019

The mandatory combined employer/employee social security contribution is to be cut to 4% of a worker’s salary (from its current level of 6.5%) as of 1 July this year....Read More


India Imposes Extra Import Duty on China Tyres as Auto Sales Falter

10 July 2019

Move looks to bolster domestic tyre manufacturing sector and comes in addition to existing 2017 import levy....Read More


Delivering High-End Hong Kong Workspace Solutions in the Emerging Markets

24 June 2019

The Hong Kong-headquartered serviced office business, The Executive Centre (TEC), has emerged as a leading flexible workspace provider in Asia since its founding in 1994. TEC’s Global Senior Developme...Read More


U.S. Terminates Duty-Free Benefits for India

4 June 2019

President Trump issued a proclamation on 31 May rescinding India’s designation as a beneficiary country under the Generalised System of Preferences, effective 5 June. As a result of this action, many ...Read More


Bold Acquisitions Show Confidence Remains in High St Toy Retailers

4 June 2019

With both the Early Learning Centre toy retail chain and Hamleys, the UK's most iconic toy shop, having recently been acquired, the ambition and investment plans of their new owners suggests high stre...Read More


INDIA: New Policy Document Set to Consolidate All Export Regulations

30 May 2019

The Commerce Ministry has entered a period of public consultation with regard to the latest draft of its Export Policy. Although containing no significant changes to the country’s export regulations, ...Read More


INDIA: Mandatory State-Supervised E-Invoicing System Under Active Consideration

9 May 2019

The Indian government is considering making electronic invoicing (e-invoicing) mandatory for all the country’s larger businesses....Read More


INDIA: Duty Cuts Mooted for High-End Mobile Phone Imports

17 April 2019

It is believed that that the government is planning to cut the import duty payable on mobile handsets valued at more than INR50,000 (US$682)....Read More


INDIA: Indian Government Plans to Extend Tax Exemption Scheme to All Textile Products

3 April 2019

Plans are in place to broaden the range of textile businesses entitled to claim domestic tax exemptions. Under the current terms of the Rebate of State and Central Taxes and Levies (RoSCTL) scheme, on...Read More


INDIA: Domestic Levy Exemption Scheme for Inputs Imported for Export Extended Until March 2020

1 April 2019

Input material and capital goods imported into the country under the terms of a number of export promotion schemes are to continue to be exempted from the domestic Integrated Goods and Services Tax (I...Read More


Domestic Furniture Market to the Fore as India's Middle Class Soars

21 March 2019

Historically focused on buyers in the US, EU and beyond, rapidly increasing prosperity on the home front has seen many of India's leading furniture manufacturers dramatically rethinking their business...Read More


INDIA: US$5.6 billion Worth of Exports Set to Lose Duty-Free Access to US as of May

19 March 2019

Many of the country’s exports are set to lose their duty-free access to the US market as of May this year. Their previous entitlement, under the terms of the US Generalised System of Preferences (GSP)...Read More


INDIA: Automated Customs Clearance Procedures Set to be Adopted

14 March 2019

Import customs procedures at ports and air terminals have been further streamlined as the country looks to improve its ranking on the World Bank’s Ease of Doing Business Index....Read More


INDIA: Local Registration and Data Storage Mooted for All E-Commerce Platforms

8 March 2019

All overseas e-commerce platforms offering products for purchase by local consumers will be obliged to register as business entities within the country should its Draft National e-Commerce Policy be a...Read More


INDIA: Proof of Registered Office Location Made Mandatory in Shell Company Crackdown

7 March 2019

As part of the government’s ongoing crackdown on the prevalence of shell companies, all currently-active companies (including all those that were incorporated in the country on or before 31 December 2...Read More

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