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Economy & Trade

India Expands Export Controls with New SCOMET Category 7 for Emerging Technologies

11/28/2025

India has amended its SCOMET (Special Chemicals, Organisms, Materials, Equipment, and Technologies) list with a new Category 7, introducing export controls on advanced semiconductors, quantum tech, cryogenic systems, and related software.

India-Cyprus Relations: Strategic Partnership and Economic Roadmap 2025–2029

11/25/2025

India and Cyprus advance their comprehensive partnership through strengthened defense ties, growing trade links, and a forward-looking Joint Action Plan for 2025–29.

How India–US Trade Is Shifting: State-Level Export Patterns, HS Codes, and Strategic Opportunities

11/18/2025

Explore top US states exporting to India, India’s major exports to the US, HS-code trends, and strategic sector opportunities.

India’s Services Sector Performance and Contribution to GDP in 2025: An Overview

11/11/2025

India’s services sector is entering a new phase of innovation-led growth, driven by rapid advances in technology, finance, and digital infrastructure. Businesses and investors should focus on high-value, export-oriented service models.

India's Per Capita Income Growth: 2024-25 Analysis

11/07/2025

India’s per capita income is set to double by 2030, transforming the country into an aspiration-driven consumer economy. Explore how rising incomes, rural participation, and premiumization trends are reshaping business prospects across FMCG, retail, and services.

India’s ECMS Scheme: Seven Electronics Manufacturing Projects Approved Worth US$625 Mn

10/30/2025

India’s ECMS initiative has its first set of beneficiaries – high-value components like PCBs, camera modules, and copper laminates – which will boost local electronics manufacturing. The scheme launched in April 2025, with applications opening May 1.

Tax & Accounting

Forensic Accounting in India: Fraud Prevention and Risk Management for Businesses

11/27/2025

Discover how forensic accounting can protect businesses from financial and cyber risks, strengthen governance, and support strategic due diligence in India.

How Global Companies Leverage Offshore Accounting for Scale & Speed

11/10/2025

Discover how global companies leverage offshore accounting to reduce costs, enhance compliance, and accelerate financial transformation.

Why India is Becoming the Offshore Accounting Hub for Global CPA Firms

11/03/2025

We explain why India – the world’s most established BPM/BPO market – has emerged as a preferred destination for offshore accounting.

Understanding India’s New HSN Code Guidebook 2025

10/28/2025

India’s HSN Code Guidebook (2025) introduces a unified product classification framework under GST 2.0 and Customs, mapping approximately 12,000 HSN codes to align with internal customs standards and enhance trade compliance.

Depreciation Rules and Asset Management under Indian GAAP: An Explainer

10/17/2025

Gain insights into India’s depreciation framework under Indian Accounting Standard (AS) 16, AS 10, and Schedule II of the Companies Act, 2013, to ensure accurate asset valuation and compliance.

GST on Contract Employee Remuneration: Applicability, Rates, ITC, and Compliance

10/13/2025

Understand how India's goods and services tax (GST) is applicable to contract employees. Learn the difference between salaries, contract staffing, and manpower supply services, applicable tax rates, ITC eligibility, and key compliance considerations for businesses and investors.

Legal & Regulatory

India Expands Export Controls with New SCOMET Category 7 for Emerging Technologies

11/28/2025

India has amended its SCOMET (Special Chemicals, Organisms, Materials, Equipment, and Technologies) list with a new Category 7, introducing export controls on advanced semiconductors, quantum tech, cryogenic systems, and related software.

Forensic Accounting in India: Fraud Prevention and Risk Management for Businesses

11/27/2025

Discover how forensic accounting can protect businesses from financial and cyber risks, strengthen governance, and support strategic due diligence in India.

Kerala Introduces India's First Right to Disconnect Legislation: All You Need to Know

11/26/2025

Kerala’s Right to Disconnect Bill, 2025, introduces clear rules on after-hours work communication, employee rights, and workplace accountability, marking a major step in India’s evolving labor reforms.

FAQs: What Foreign Investors and Multinational SMEs Need to Know About India’s Industrial Relations Code, 2020

11/24/2025

Discover how India’s Industrial Relations Code, 2020 affects hiring, retrenchment, FTE models, compliance, and dispute resolution for foreign investors and MNCs entering the Indian market.

RBI 2025 Draft Rules: New Framework for Foreign Branch and Office Setup in India

11/24/2025

India’s new RBI draft rules simplify branch and office setup for foreign firms, easing approvals and tightening compliance.

Digital Personal Data Protection (DPDP) Rules 2025 Notified

11/17/2025

India notifies DPDP Rules 2025, bringing its first digital privacy law into force. Learn key provisions, global comparisons, compliance timelines, and penalties.

Industries

India Expands Electronics Manufacturing Push with Second ECMS Approval Round

11/20/2025

On November 17, 2025, India announced the second Electronics Components Manufacturing Scheme (ECMS) tranche with 17 new projects worth INR 71.72 billion, supporting high-value component production within the country.

India's Design-Linked Scheme for the Semiconductor Sector: How Businesses Can Maximize Benefits

11/19/2025

India’s DLI Scheme supports semiconductor startups and MSMEs by lowering design costs, enabling faster commercialization, and building IP-led growth. The program offers businesses a clear pathway to compete in high-value global semiconductor markets.

India's Semiconductor Sector: Tracking Government Support and Investment Trends

11/19/2025

India is fast-tracking its semiconductor drive in 2025 through key investments and global tie-ups, including the latest collaboration between Tata Electronics and Bosch, announced on July 17, 2025.

Eli Lilly’s Mounjaro Tops India’s Drug Sales – What It Reveals About the Country’s Health Market

11/12/2025

Eli Lilly’s Mounjaro tops India’s drug sales, signaling a healthcare pivot toward obesity and diabetes management. See how it’s reshaping India’s pharma market.

India’s Services Sector Performance and Contribution to GDP in 2025: An Overview

11/11/2025

India’s services sector is entering a new phase of innovation-led growth, driven by rapid advances in technology, finance, and digital infrastructure. Businesses and investors should focus on high-value, export-oriented service models.

Navigate India's STP and EHTP Frameworks: Benefits and Registration Process

11/04/2025

Explore how India’s Software Technology Parks (STP) and Electronic Hardware Technology Parks (EHTP) support export-driven software and electronics industries with fiscal incentives, simplified compliance, and scalable infrastructure.

HR & Payroll

Kerala Introduces India's First Right to Disconnect Legislation: All You Need to Know

11/26/2025

Kerala’s Right to Disconnect Bill, 2025, introduces clear rules on after-hours work communication, employee rights, and workplace accountability, marking a major step in India’s evolving labor reforms.

How India’s New OSH Code Reshapes Labor Compliance for Foreign Investors

11/24/2025

India’s OSH Code 2020 modernizes workplace regulation, unifies 13 labor laws, boosts safety standards, and streamlines compliance – critical insights for foreign investors and SMEs.

FAQs: What Foreign Investors and Multinational SMEs Need to Know About India’s Industrial Relations Code, 2020

11/24/2025

Discover how India’s Industrial Relations Code, 2020 affects hiring, retrenchment, FTE models, compliance, and dispute resolution for foreign investors and MNCs entering the Indian market.

India Notifies All Four Labor Codes, Ushering in Landmark Workforce Reforms

11/21/2025

India implements four Labor Codes from November 2025, consolidating 29 laws to modernize labor governance with better wages, safety, social security, and simplified compliance.

A Guide to Minimum Wage in India in 2025

11/20/2025

We answer some frequently asked questions foreign hiring managers may have regarding the minimum wage in India. Multiple states and jurisdictions have revised their rates in 2025, with effect from July 1 or October 1, 2025.

Delhi Shops and Establishments Act: Conditions for Extended Business Hours

11/11/2025

Learn how the latest exemptions granted under the Delhi Shops and Establishments Act enable extended business hours with clear compliance rules, enhancing operational flexibility while protecting worker welfare.

Our firm Dezan Shira & Associates provides legal, tax and operational advisory across Asia.
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