Online Filing of Excise and Service Tax Compulsory from October 1st
To establish the Goods and Services Tax in 2012-13, India’s Finance Ministry has made it compulsory for taxpayers to file their central excise and service tax returns electronically from October 1.
Conducting Due Diligence on an Indian Company
While it sounds like an impressive legal term, due diligence really translates into basic rational success factors such as “thinking things through” and “doing your homework.” The good news is conducting due diligence in India doesn’t have to be expensive.
New Issue of India Briefing: Tax and Financial Management
In this new issue of India Briefing, we take a look at the Indian tax environment generally, including types of taxes, fees and key dates, and continue on to focus specifically on requirements for foreign companies. Next, we look closer at the generous tax benefits available in Special Economic Zones, contingent on sector and operating dates, and finally expand our focus to India’s international trade agreements.
India Considers New Law to Regulate Micro-lenders
The Indian government recently proposed to establish a new law in order to better regulate the country’s microfinance industry that is faced with complaints of aggressive lending practices and high interest rates.
New Issue of India Briefing: India Market Entry – The Establishment Legalities Explained
In this new issue of India Briefing – out today – we give the why and how for market entry into India.
Specifically, we walk you through the eligibility requirements, tax liability, application and wind-up processes for liaison offices, project offices, branch offices, and private limited companies. For the latter, we also point out advantages over other types of offices and how these advantages may or may not apply to you.
India Puts Accounting Practices in Line with International Standards
The Indian Ministry of Corporate Affairs recently said that it had aligned 35 Indian accounting practices with international standards, marking an important step to bringing International Financial Reporting Standards (IFRS) …
India-Taiwan Trade Analysis
Though Taiwan entered the Indian market later than the Japanese and Koreans, it has still managed to attain an unbelievably high rate of growth.
India to Lead Asia’s Salary Increase
A recent survey by global human resource consulting and outsourcing company Aon Hewitt shows that India’s 11.7 percent salary rise in 2010 has outpaced all the other Asia Pacific countries and this high increase rate is going to continue over the next few years.