In a bid to streamline, rationalise and liberalise the method of calculation of indirect foreign investment across sectors and make the foreign investment regime in India more transparent from the perspective of downstream investment, the Indian Government amended the existing guidelines recently through issue of Press Note 2 of 2009, Press Note 3 2009 and Press Note 4 of 2009 (“the Press Notes”) or (“the Guidelines”).

One of the most important challenges for businesses today is to remain profitable in a global economy

Ministry of Commerce and Industry on Special Economic Zones (Fifth Amendment) Rules, 2022 –amends Rule 43A guidelines with respect to Work from Home ("WFH") for SEZ Units further liberalizing the WFH regime...

Unlike many countries which have a uniform goods and services tax, India has a separate tax on sale of goods in the form of VAT or sales tax and a separate tax on provision of services in the form of service tax. Service tax was introduced in India under Chapter V of the Finance Act, 19941 and still continues to be governed by that Act as amended from time to time by subsequent Finance Acts.

The global nature of the (re)insurance markets means flows of investment and business development between the countries and markets