India Briefing
"Designed to educate and illustrate matters of foreign direct investment legal, tax and compliance issues that foreign direct investors face when establishing operations in India."
Author: Dezan Shira & Associates has offices in India, China, Hong Kong and Vietnam. The firm also authors China Briefing and Vietnam Briefing.
Blawg Related Categories: International • Asia • India • Legal News Publication
Recent Posts from India Briefing
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LG to Expand Manufacturing in India
May 12 - Major Korean consumer electronic brand, LG, has plans to ramp up its manufacturing capacities and product exports from India for its global operations to cut on costs. LG India is looking at…
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Developing Countries Seen as a Market for Exports
May 11 - India is looking into relying more on developing countries, to offset slowing export demand from the United States, Japan and Europe markets hit by the global downturn. Currently, 40 percent of India’s…
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Jet Airways to Begin Low-Fare Domestic Service
May 8 - India’s second largest airlines, Jet Airways (India) Ltd., is now offering cheaper tickets on selected domestic routes to attract business travellers. The new no-frills service called Jet Airways Konnect begins today for…
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Gov’t Planning to Change Audit System
May 7 - The Indian government is planning to change to a new accounting system for its annual financial statements in five years time to accrual-based accounting for transparency. The new system will allow the…
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Tax on Sedans, SUVs May Be Removed
May 6 - India’s Ministry of Heavy Industries is recommending that additional excise taxes on Sedans and SUVs like Ford Fiesta, Maruti SX4, Hyundai Verna, Honda Accord, Scorpio and Innova may be cut to boost…
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Tata Motors Receives 203,000 Orders for Nano Car
May 5 - Indian truckmaker, Tata Motors, has received 203,000 orders for the world’s cheapest car, the Nano, worth close to 25 billion rupees or US$501 million. The number is overwhelming and more than double…
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India May Implement Anti-Dumping Duty for Auto Parts
May 4 - India may implement a provisional anti-dumping duty for imports of front axle beam and steering knuckles used to manufacture commercial vehicles as a precaution for the local industry against cheaper Chinese shipments…
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Private Banks to be Excluded from New FDI Guidelines
Apr. 30 – India’s private sector banks may be excluded from the new foreign direct investment guidelines if their status is changed from “resident” to “‘foreign.” “There is a probability that we will exempt these…
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Problems Driving GDP Growth? Hold an Election
Apr. 29 - As countries around the world suffer with the global financial crisis, a little known economic factor has crept into view in India as a means to drive up your GDP, holding national…
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India Approves 22 FDI Proposals
Apr. 28 - The Indian government has cleared 22 foreign direct investment proposals, including those of Yamaha and Nokia, worth Rs 541.25 crore. The proposals were approved by the Foreign Investment Promotion Board (FIPB) and…