Doing Businessin India2026 Special Focus India’s Policy Reset & theNew Business Landscape THE DOING BUSINESS IN ASIA GUIDES SERIES Available to Download Now: •ASEAN Guide•China Guide•Indonesia Guide•Hong Kong Guide•Singapore Guide•Vietnam Guide•UAE Guide Our latest online Doing Business in India Portal consistsof 100+ guides, videos, publications, and tools that arepractical and easy to navigate, covering: Why India,Regions to Invest, Sector Insights, How to Setup, Tax,Audit and Accounting, HR, Recruitment, PEO, and Payroll,News, Events, and more. This edition of Doing Business in India was produced by a team of professionals atDezan Shira & Associates, with Archana Rao as Technical Editor and Melissa Cyrill as Lead Editor.Creative design of the guide was provided by Miguel Enrico Anciano. © 2026 Dezan Shira & Associates Disclaimer The contents of this guide are for general information only. For advice on your specific business, please contact a qualified professional advisor.Copyright 2026, Asia Briefing Ltd. No reproduction, copying, or translation of materials without prior permission of the publisher is permitted. Your Partner for Growth in Asia About Dezan Shira & Associates At Dezan Shira & Associates, our mission is to guide foreign companies through Asia’scomplex regulatory environment and assist them with all aspects of establishing, maintainingand growing their business operations in the region. Since its establishment in 1992, DezanShira & Associates has grown into one of Asia’s most versatile full-service consultancies withoperational offices across China, Hong Kong, India, Singapore, and Vietnam as well as liaisonoffices in Italy, Germany and the United States, and partner firms across the ASEAN region andin Bangladesh. With over 30 years of on-the-ground experience and a large team of professionaladvisers, we are your reliable partner in Asia. Preface An Introduction to Doing Business in India 2026provides a comprehensive, investor-focusedoverview of the major regulatory, tax, labor, and digital compliance reforms reshaping India’sbusiness environment. As India enters 2026 with strong economic momentum, companiesmust navigate a converging wave of policy updates that directly impact market entry, corporatestructuring, payroll, taxation, data protection, and cross-border trade. ANKUR MUNJALCountry DirectorDezan Shira & AssociatesNew Delhi Office This guide explains the implications of GST 2.0 reforms, including simplified rate structures,corrected inverted duties, and deeper integration between GST, customs, and e-invoicing.Together, these changes aim to reduce compliance friction and improve cash-flow planning.It also explains the implementation of India’s four Labor Codes, highlighting changes to wagedefinitions, social security coverage, industrial relations processes, and inspection systems thatrequire businesses to recalibrate HR, payroll, and workforce policies. Moreover, with the rolloutof the Digital Personal Data Protection (DPDP) Rules 2025, companies face new obligations forconsent management, breach reporting, cross-border data transfers, and security safeguards,overseen by the Data Protection Board. For foreign investors evaluating the market, we outline the operational, tax, and complianceimplications of choosing between liaison offices, LLPs, joint ventures, and wholly ownedsubsidiaries. The guide also covers India’s fully digitalized customs ecosystem, updated HSclassifications, and expanded export-control rules that align with global trade benchmarks. Prepared by the experts at Dezan Shira & Associates, this resource offers practical, strategicinsights for businesses looking to enter, expand, or optimize their operations in India. It deliversthe clarity needed to adapt internal systems, strengthen governance, and make informeddecisions in a regulatory landscape that is more predictable yet increasingly sophisticated. For professional support with market entry, compliance, or restructuring in India, contact ourteam atindia@dezshira.com What this guide covers Doing Business in India 2026 provides essential insights across the following areas: •Policy overhaul of 2025•India’s investment climate•Structuring India operations•Audit and financial reporting•HR and payroll•Trade environment•DPDP law CONTACT Dezan Shira & Associatesindia@dezshira.comwww.dezshira.com What’s New in This Guide An Introduction to Doing Business in India 2026offers a comprehensive overview of the keyfundamentals of investing in India. Compiled by the professionals at Dezan Shira & Associatesin November-December 2025, this guide is tailored for international firms exploring entry intothe Indian market and for companies already operating in India that seek to stay informedabout the latest and most relevant policy updates. Key updates for your attention include the following: Special Focus: India’s Policy Reset & the New Business Landscape The year 2025 marks a pivotal turning point