India wants to encourage Russian investments and has suggested setting up a free trade zone for Russian companies. In September 2018, Indian Commerce and Industry minister Suresh Prabhu met with his Russian counterpart to discuss enhancing bilateral trade and investment. The minister invited the governors of the Russian Far East to explore areas of co-operation[.....]
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As more Indian states adopt plastic ban, companies need to prepare for a regulatory environment that will likely entail tighter legislation and enforcement. Here, we look at the rules, exemptions, penalties introduced under the plastic ban in Indian states.
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The concurrent nature of labor laws in India can be confusing for companies that are newly established or looking to expand in the country. Read to know more about India's federal, state, and industry specific labor laws.
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India introduced the e-way bill system under GST in April, 2018 to ensure greater tax transparency and a hassle-free movement of goods from one state to another. Here, we discuss the system and registration process.
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Back-office support services in India will not qualify as exports but intermediary services, and will be liable to 18 percent goods and services tax (GST)
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The latest issue of India Briefing Magazine, Where to Invest in India, is available for download from the Asia Briefing Publication Store. Here, we discuss the investment opportunities available in India's top five investment destinations - Gujarat, Maharashtra, Karnataka, Andhra Pradesh, and Tamil Nadu.
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India’s logistics industry is undergoing a transformative period. In this article, we discuss the current state of the sector, and how the GST – coupled with technological innovation and infrastructure development – is reshaping the industry in India.
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In a growing trend of deleveraging trade from the US dollar and the associated US controlled global payments system, India and the United Arab Emirates have signed a currency swap agreement to boost trade and investment without the involvement of the US dollar.
The post India, UAE to Drop US Dollar Trade and Revert to Own Currencies appeared first on India Briefing News.
India China sign protocol to amend the double tax avoidance agreement to check tax evasion by multinational companies. Read to know more.
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In India, an individual’s income is taxed at graduated rates, depending on his/her duration of stay in India and income level. In this article, we outline the rates and calculation methods for both income sources, and summarize common deductions and inclusions in income for expatriates working in India.
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The 24-company Indian life insurance industry closed last month with new business of Rs 22,776.03 crore, up by 31.87 per cent over the prev...
