Taxonomy: Implementing Jurisdiction - India
India: FDI cap in multi-brand retail set to increase
Description
On 25 may 2010, it has been reported that the Commerce and Industry Ministry, Goverenment of India is likely to propose 100% foreign direct investment (FDI) in multi-brand retail. The Department of Industrial Policy and Promotion (DIPP)
India: Visa Norms relaxed for IT Industry
Description
On 23 may 2010, India relaxed the visa norms for hiring by Indian IT companies. The IT industry can now hire foreign professionals 'as per requirement' instead of the earlier cap of '20 employees per project'.
India: Preliminary safeguard measures on Caustic Soda (Sodium Hydroxide)
Description
On August 20, 2009 the Government of India initated a safeguard investigation on imports of Caustic Soda and imposed on December 4, 2009 preliminary safeguards.
India: Incentives to exporters through Market Linked Focus Programme
Description
On 12 January 2010, India announced an incentive scheme for exporters in sectors such as engineering, handicrafts , textiles, chemicals, electronics and some metals thorugh the market Linked Focus Programme (MLFP).
India: Removal of restrictions on import of hot rolled coils
Description
On 8 January 2010, India lifted the import curbs on hot rolled coils, a crucial input for sectors like automobiles and consumer goods. Earlier, hot rolled coils were placed by India under the 'restricted' list since 21 November 2008.
India: Raises Export Duty on Iron-ore
Description
On 29 April 2010, India raised the export duty from 10 per cent to 15 per cent on Iron Ores and Concentrates. This was announced by the finance minister in his reply to the debate on the Finance Bill 2010-11.
India: Ban on Raw cotton Exports Lifted, Licensing Introduced
Description
On 21 May 2010, India lifted the ban on exports of almost all varieties of raw cotton and cotton waste. Henceforth, exporters will have to apply for a license.
India: Initiation of antidumping investigation on imports of Caustic Soda originating from Thailand, Chinese Taipei and Norway
Description
On June 2, 2010 the Government of India initiated an antidumping investigation on imports of Caustic Soda originating from Thailand, Chinese Taipei and Norway.
India: Union Budget 2010-11 announces Tariff measures
Description
The Union Budget 2010-11 was passed in the Parliament on 4 May, 2010. It announced a host of tariff measures for commodities and services. The budget also announced certain credit incentives for trade.
India: Continuation of Dumping Duty on PVC Paste Resin Recommended
Description
The Designated Authority in the Commerce Ministry has recommended the extension of definitive anti-dumping duty on imports of PVC paste resin originating or exported from the European Union.
