FAQs on India's GST Regime, GST Applicability on Overseas …
Jan 27, 2022 · For the removal of doubts, it was clarified that the expression “services” includes facilitating or arranging transactions in securities. Thus, service charges, service fees, documentation fees, or broking charges that are imposed on transactions in securities will be chargeable under GST.
List of Apple Contract Manufacturers and Suppliers in India
Apr 17, 2024 · Apple has been assembling smartphones in India through contract manufacturers since 2017.However, until 2022, the Cupertino-based firm had used manufacturing facilities in India primarily for assembling entry-level or legacy handsets.
ESG Reporting in India: BRSR Core, ERP Rules, & ISSB Standards
In July 2023, SEBI added new ESG metrics for mandatory disclosure under ‘BRSR Core’ for certain listed companies in India. The Business Responsibility and Sustainability Report (BRSR) format was initially introduced in May 2021 and replaced …
A Guide to Mumbai’s JNPT Port and its Special Economic Zone
Jul 9, 2021 · JNPT is connected to 34 container freight stations (CFS) and 47 inland container depots (ICDs) across the country. There is rail connectivity to three local ICD destinations – see complete ICD list here.. JNPT accounts for more than half of India’s total container volume handled at 12 public ports and around 40 percent of the …
Shops and Establishment Acts in India: An Explainer - India Briefing
Jun 8, 2024 · While each state enacts its own version of the Shops and Establishment Act, core provisions remain largely consistent across the country. The Shops and Establishment Acts are implemented and enforced by the Labour Department of each state.. All commercial businesses in India, including shops, hotels, cafes and restaurants, theaters, and other venues, are subject to …
Import and Export Procedures in India - India Briefing
Feb 26, 2024 · As India seeks to boost two-way trade, we discuss the import and export procedures, including updates under the Foreign Trade Policy 2023. A key goal for authorities is trade facilitation to streamline trade compliance and customs procedures – part of the broader India@2047 blueprint, which aims to elevate India’s global trade share to 10 percent by 2047.
India's Per Capita Income in 2022-23 - India Briefing
India’s per capita net national income (at current prices) for 2022-23 stands at INR 172,000, according to estimates from the National Statistical Office (NSO).This marks an almost 100 percent increase from the per capita income in 2014-15 – INR 86,647 – when the Narendra Modi government first came to power.
India’s Regulation of AI and Large Language Models - India Briefing
On March 1, 2024, the Indian government issued an advisory instructing platforms to obtain explicit permission from the Ministry of Electronics and Information Technology (MeitY) before implementing any “unreliable Artificial Intelligence (AI) models /Large Language Models (LLM)/Generative AI, software or algorithms” for users accessing the Indian Internet.
Corporate Social Responsibility in India: A Guide - India Briefing
Sep 27, 2024 · Corporate social responsibility (CSR) is an important component of business operations in India. With effect from April 1, 2014, CSR is a mandatory requirement for certain companies under section 135 of the Companies Act, 2013, which compels them to engage in activities that contribute to the social, environmental, and economic development of the country.
India-ASEAN Bilateral and Trade Relations - India Briefing
Sep 19, 2024 · Over the past three decades, the India-ASEAN partnership has expanded, with seven ministerial meetings and various official-level interactions. India’s participation in ASEAN meetings since 1992 has helped develop several action plans, the latest of which was adopted in 2020, emphasizing political, security, and economic cooperation.