Tuesday 31 December 2019

Year in Review: What Foreign Investors Expect from India in 2020


As India's economy enters 2020 and aims for a larger profile in the global supply chain, it will need to deliver on key reforms to attract more investors.

The post Year in Review: What Foreign Investors Expect from India in 2020 appeared first on India Briefing News.

Friday 27 December 2019

Establishing a Foreign Company in India – New Issue of India Briefing Magazine Out Now


The new issue of India Briefing magazine titled "Establishing a Foreign Company in India" is out now and available as a complimentary download on the Asia Briefing Publication Store.

The post Establishing a Foreign Company in India – New Issue of India Briefing Magazine Out Now appeared first on India Briefing News.

Tuesday 24 December 2019

Long-term views of India telecom market remain positive: Study


The macro and long-term views of the telecom market comprising infrastructure, equipment and user devices continues to remain positive despite the short-term disruption that the industry has witnessed, said a study on Tuesday.

Russia Looking Forward To India Joining Eurasian Economic Union


Nikolay Kudashev, the Russian Ambassador to India has stated that Russia is looking forward to concluding a Free Trade Agreement with India and the Eurasian Economic Union. At a Press Conference in Delhi on Monday he stated “In 2020 we are hopeful of an early conclusion of the Free Trade Agreement between the Eurasian Economic[.....]

The post Russia Looking Forward To India Joining Eurasian Economic Union appeared first on India Briefing News.

Friday 20 December 2019

India’s Public Holidays in 2020


Many foreign HR managers struggle with the holiday schedule in India. This article outlines the government’s official schedule to help HR managers plan public holidays for their firm.

The post India’s Public Holidays in 2020 appeared first on India Briefing News.

Tuesday 17 December 2019

Zomato in advanced talks to buy UberEats: Report


The online food delivery industry in India is set for a big churn as Uber has reportedly entered advanced stages of talks to sell UberEat's India business to rival Zomato by the end of this year.

Monday 16 December 2019

Kolkata, India: A Brief Guide for Investors


Kolkata has emerged as a popular investment destination for foreign entities with the expansion of key industries such as trade, IT, and biotechnology.

The post Kolkata, India: A Brief Guide for Investors appeared first on India Briefing News.

Friday 13 December 2019

Filing Late Tax Returns in India: Penalty and Deadline for AY 2019-20


Taxpayers in India who missed their deadline to file taxes are advised to file their tax returns by December 31, 2019 to avoid harsher penalties.

The post Filing Late Tax Returns in India: Penalty and Deadline for AY 2019-20 appeared first on India Briefing News.

Tuesday 10 December 2019

Jewar Airport: Once ready will open more routes, arrest fares


Once ready in 2023, the International Airport in Jewar township here in Uttar Pradesh is expected to boost the aviation industry by decongesting the national capital's IGIA as well as expanding the reach of air services to a 'larger population base of the NCR region', experts opine.

Monday 9 December 2019

Income Tax for Foreign Nationals in India


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.

The post Income Tax for Foreign Nationals in India appeared first on India Briefing News.

Saturday 7 December 2019

Amazon, Flipkart may face more queries on predatory pricing


The Department for Promotion of Industry and Internal trade (DPIIT) is examining the responses by the e-commerce companies, like Flipkart and Amazon, on complaints over predatory pricing and if required will ask them for further clarification, according to a senior government official, here on Saturday.

Friday 6 December 2019

Investors bat for value addition to farm produce in Punjab


Leading players in the agro industry on Friday batted for providing value addition to the agricultural produce of farmers in Punjab in order to ensure remunerative returns for them.

Thursday 5 December 2019

Bankers surprised at RBI's unanticipated holding of rates


Bankers and industry were surprised and disappointed on Thursday at the RBI maintaining its key interest rates unchanged, when they had been expecting the repo, or the central bank's short-term lending rate, to fall below the current 5.15 per cent even as the second quarter GDP growth has fallen to 4.5 per cent.

Tuesday 3 December 2019

Former IT honcho's daughter launches 5 star hotel in Kerala


Unlike her father S.D.Shibhulal who was the co-founder of Infosys, his daughter Shruthi Shibhulal has strengthened her presence in the hospitality industry when on Tuesday, she launched their new 5 star hotel O by Tamara, in the capital city.

Tuesday 26 November 2019

How to Establish a Liaison Office in India


Prospective companies and investors seeking to enter the Indian market must carefully consider their options for investment. Here, we outline the functions and requirements for setting up liaison offices in India.

The post How to Establish a Liaison Office in India appeared first on India Briefing News.

Friday 22 November 2019

Advance Income Tax in India


Any person in India, whose estimated tax liability is more than Rs 10,000 (US$145) in a financial year, after deducting TDS, must pay income tax in advance.

The post Advance Income Tax in India appeared first on India Briefing News.

Tuesday 19 November 2019

Festive boost: Oct vehicle registration up 4%


In a positive sign for the auto industry, vehicle registration in October rose by 4 per cent on year-on-year basis, largely on the back of festival demand, showed the data released by the Federation of Automobile Dealers Association (FADA).

Developing Global Free Trade: Linking India with Mercosur and the EAEU


In the second article in this five-part series, Chris Devonshire-Ellis examines India's prospective free trade scenarios with its fellow BRICS nations.

The post Developing Global Free Trade: Linking India with Mercosur and the EAEU appeared first on India Briefing News.

Saturday 16 November 2019

Tech CFOs bat for digitising financial functions


Indian corporate CFOs on Friday batted for companies to digitise their financial functions at the Confederation of Indian Industry (CII) Conclave 2019 here.

Tuesday 12 November 2019

Delhi’s Air Pollution and its Impact on Business


Delhi's air pollution is affecting business as usual. Learn more about why Delhi's air is polluted, how it affects business, and what is being done.

The post Delhi’s Air Pollution and its Impact on Business appeared first on India Briefing News.

Wednesday 6 November 2019

Tuesday 5 November 2019

Why India Has Opted Out of the RCEP


India has opted out of the RCEP after failing to receive assurances on its concerns over market access, tariff relaxations, and non-tariff barriers.

The post Why India Has Opted Out of the RCEP appeared first on India Briefing News.

Thursday 31 October 2019

India’s Special Economic Zones: A Primer


India’s SEZs offer tax incentives to their resident businesses. In this article, we highlight key information relevant for companies setting up in an Indian SEZ or developing an SEZ.

The post India’s Special Economic Zones: A Primer appeared first on India Briefing News.

Tuesday 29 October 2019

HR Policies in India: 10 Best Practices for Employers


Employers should review HR policies in India regularly to ensure that their practices are compliant with local laws. Here, we provide 10 best practices that serve as a good introduction or refresher for any HR professional.

The post HR Policies in India: 10 Best Practices for Employers appeared first on India Briefing News.

Saturday 26 October 2019

Passenger car off-take shows positive trend on Dhanteras'19


Automobile sales, especially of passenger vehicles, have shown a positive trend on the auspicious day of Dhanteras 2019, industry insiders said.

Thursday 17 October 2019

Mining closure disturbed Goa's industrial eco-system: CM


The closure of the mining industry in Goa has disturbed the industrial eco-system in Goa, Chief Minister Pramod Sawant said on Thursday.

Monday 7 October 2019

Samsung heir in India, likely to meet Modi, Mukesh Ambani


Samsung Electronics Vice Chairman Lee Jae-yong is currently in India, provoking speculation that the South Korean tech giant may make further investments to expand its presence in the country, industry sources said on Monday.

Friday 27 September 2019

AI sale gathers pace, Niti Aayog takes up SpiceJet's 'industry-wide concerns'


As decks are being cleared for privatization of national carrier Air India, government is considering five key suggestions given by Ajay Singh-controlled SpiceJet to make India a global aviation hub.

Thursday 26 September 2019

Telangana urges CII to form Southern trade, investment block


Telangana's Industry Minister K. T. Rama Rao on Thursday urged the Confederation of Indian Industry (CII) to work towards creating a southern block of trade and investment.

Wednesday 25 September 2019

India’s Tax Cut – Corporate Rates Slashed to Encourage Investment, Revitalize Economy


India just slashed its corporate tax rate by almost 10 percentage points as Prime Minister Narendra Modi's government seeks to boost investor sentiment in the country.

The post India’s Tax Cut – Corporate Rates Slashed to Encourage Investment, Revitalize Economy appeared first on India Briefing News.

Saturday 21 September 2019

Tax sops to boost India's IT competitiveness: Nasscom


Terming the tax relief as a positive step to promote growth, investment and jobs, the Indian IT industry's apex body Nasscom on Friday said the bold measures would increase India's competitiveness in software services and products.

Tuesday 17 September 2019

SoftBank Group Corp keen to invest in Andhra


SoftBank Group Corp of Japan has evinced interest to invest in the electric vehicles industry in Andhra Pradesh, an official statement said.

Monday 16 September 2019

Pedal-to-Metal: More steps, time needed for auto sector revival


With automobile industry's August sales touching the lowest level since 1997-98, industry insiders assert that the time is ripe for the government to take other steps to save as many as million contractual jobs which depend on this sector.

Slowdown-to-Scrap Yard: India's 'Cash for Clunkers' policy in offing


A desi version of 'Cash for Clunkers' scheme might be in the offing to reverse the slowdown that has heavily dented the Indian automobile industry.

Tata, Vedanta mining leases end in March; Govt for fresh auctions


In a setback for the mining industry, the government is set to reject a proposal to extend non-captive mining leases of companies that are expiring after completing 50 year period in March, 2020

Friday 13 September 2019

Register Your Business for the GST in India


GST registration enables goods and service providers to collect GST from their customers. In this article, we enumerate the rules and regulations for registering under GST, as well as penalties for noncompliance.

The post Register Your Business for the GST in India appeared first on India Briefing News.

Wednesday 11 September 2019

'12.8 lakh jobs lost in Karnataka, Goa mining sector'


A whopping 12.8 lakh direct and indirect jobs were lost in the mining sector across Karnataka and Goa due to failure of regulatory mechanism, lack of oversight, judicial intervention and closure of mines, an industry official said on Wednesday.

Tuesday 10 September 2019

India’s Increasing Connectivity With Central Asia, Iran and Russia


India is finally shaking off its isolation and attempting to rebuild its regional relations with Central Asian countries. In this article, Chris Devonshire-Ellis looks at India's developing trade ties with Afghanistan, Tajikistan, Turkmenistan, Uzbekistan, Iran, Russia, the EEU, and the SCO.

The post India’s Increasing Connectivity With Central Asia, Iran and Russia appeared first on India Briefing News.

Friday 6 September 2019

India-Russia Business Ties are Developing in Energy, Shipping, Agriculture & Jewelry Fields


India and Russia may be far apart from each other geographically, but there are increasing business opportunities between the two. Read to know about the opportunity sectors.

The post India-Russia Business Ties are Developing in Energy, Shipping, Agriculture & Jewelry Fields appeared first on India Briefing News.

Wednesday 4 September 2019

Micro, Small, and Medium Enterprises in India – An Explainer


With India's 'Make in India' push, the country's MSME sector is poised for rapid growth. Read to know about the incentives and opportunities in the sector.

The post Micro, Small, and Medium Enterprises in India – An Explainer appeared first on India Briefing News.

Paytm Payments Bank outperforms the industry


Paytm Payments Bank Ltd (PPBL) has once again outperformed the entire industry in terms of merchant acquisition and digital transactions.

Monday 2 September 2019

Auto sales continue to decline in August


The automobile industry continued to be in the slow lane in August with all major players reporting significant declines in their respective sales.

Friday 30 August 2019

Big FDI reforms in India – Single Brand Retail, Contract Manufacturers, Coal Mining to Benefit


The government of India has introduced new FDI norms for single-brand retail, coal mining, contract manufacturing, and digital media. In this article, we provide a roundup of all the changes.

The post Big FDI reforms in India – Single Brand Retail, Contract Manufacturers, Coal Mining to Benefit appeared first on India Briefing News.

'In-principle agreement with Swiggy, Zomato on delivery'


The National Restaurant Association of India (NRAI) has said that there is an in-principle agreement between the association and the two major online delivery aggregators, Zomato and Swiggy, to resolve the issues of the industry including deep discounts.

Wednesday 28 August 2019

Import and Export Procedures in India


Businesses planning to import or export from India must understand the stages involved in the process, the regulatory framework and documentation required.

The post Import and Export Procedures in India appeared first on India Briefing News.

Tuesday 27 August 2019

Bajaj blames auto sector for slump, mediocre products


While most auto market players sought government intervention to support the sector, facing slowdown amid falling sales, Bajaj Auto Managing Director Rajiv Bajaj has divergent views and says the slump is due to the industry itself.

Wednesday 21 August 2019

Corporate Social Responsibility in India


India is the first country in the world to make corporate social responsibility (CSR) mandatory, following an amendment to The Company Act, 2013 in April 2014. Businesses spend over a billion dollars of their profits in areas such as education, poverty, gender equality, and hunger programs.

The post Corporate Social Responsibility in India appeared first on India Briefing News.

Tuesday 20 August 2019

Ports, SEZs, and Incentives for Manufacturers in India’s Top Investment Destinations


Gujarat, Maharashtra, Karnataka, Andhra Pradesh, and Tamil Nadu are the leading investment destinations in India. This article gives an overview of the ports, SEZs, and the industrial incentives available for manufacturing activities in these states.

The post Ports, SEZs, and Incentives for Manufacturers in India’s Top Investment Destinations appeared first on India Briefing News.

Friday 16 August 2019

The Companies (Amendment) Act, 2019 Introduced in India: Mandatory CSR among New Provisions


Companies operating in India or planning to set up should pay close attention to the changes made to the Companies Act to understand legal implications as well as to ensure the smooth running of their business.

The post The Companies (Amendment) Act, 2019 Introduced in India: Mandatory CSR among New Provisions appeared first on India Briefing News.

Wednesday 14 August 2019

Tata Motors to go for third closure from August 16


The impact of slowdown in the auto industry on Tata Motors is visible as its Jamshedpur unit is going for third closure from August 16.

Life insurers earn more in Oct selling lesser policies

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...