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Economy & Trade

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.

India and China Resume Direct Passenger Flights: Boost for Trade, Tourism, and Regional Connectivity

10/28/2025

On October 26, 2025, direct flights between India and China resumed after a five-year suspension, marking a major milestone toward restoring normal bilateral exchanges.

India’s Smartphone Shipments Grow 3% in Q3 2025: Vivo Leads, Apple Hits Record High

10/24/2025

India's smartphone shipments increased by 3 percent year-on-year in the July-September period, with Apple recording its highest-ever quarterly shipments at 4.9 million units. We note key factors shaping sales trends in this highly competitive market.

Tax & Accounting

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.

GST 2.0: How India’s New HSN and SAC Code Structure Transforms Tax Compliance for Businesses

10/08/2025

India’s GST 2.0 ushers in a major tax overhaul, revising Harmonized System of Nomenclature (HSN) and Service Accounting Codes (SAC) codes to simplify compliance. Businesses must realign systems, classifications, and input tax credit (ITC) claims for efficiency.

Legal & Regulatory

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.

CDSCO Moves to Regulate Medical Device Software in India: Key Takeaways

11/12/2025

India’s CDSCO has released draft guidance for regulating medical device software, including AI and cloud-based systems. The move aligns India’s MedTech framework with global standards, enhancing clarity, compliance, and investor confidence.

Supreme Court Clarifies Tests for Determining “Single Establishment” Under the EPF Act

11/05/2025

A recent ruling by India's Supreme Court clarifies when companies may be treated as a single establishment under the EPF Act. Businesses with shared management or resources should reassess their group structures to mitigate liability risks.

Copyright and Trademark Protection in India: Why It Matters for Businesses

10/31/2025

Learn how copyright and trademark laws in India safeguard creative works and brand identity. We explain key differences, registration procedures, and practical strategies to help businesses protect IP, build credibility, and expand globally.

Establishing a Trading Company in India

10/30/2025

Starting an import-export business in India with the right strategies allows a firm to access information resources, network contacts, and concessions, which are key to profitability and compliance.

Establishing a Trading Company in India

10/30/2025

Starting an import-export business in India with the right strategies allows a firm to access information resources, network contacts, and concessions, which are key to profitability and compliance.

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

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.

Public Holidays in India 2026 and Key HR Considerations

11/06/2025

Plan ahead for India's public holidays in 2026. Understand national, gazetted, state, and restricted holidays to ensure compliant workforce and payroll planning.

Supreme Court Clarifies Tests for Determining “Single Establishment” Under the EPF Act

11/05/2025

A recent ruling by India's Supreme Court clarifies when companies may be treated as a single establishment under the EPF Act. Businesses with shared management or resources should reassess their group structures to mitigate liability risks.

India and China Resume Direct Passenger Flights: Boost for Trade, Tourism, and Regional Connectivity

10/28/2025

On October 26, 2025, direct flights between India and China resumed after a five-year suspension, marking a major milestone toward restoring normal bilateral exchanges.

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.

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