A Guide to India’s Transfer Pricing Law and Practice – Part 1
India enacted transfer pricing rules in 2001, which require companies to conclude international transactions with associated enterprises at an arm’s length. This article is the first of two that will provide an insight into some of the key compliance issues that surround the law, which has evolved and acquired new shapes.
How to Establish an NGO in India
Recent intelligence reports have sparked fears that new laws will further restrict the operation of non-government organizations (NGOs) in India. In this article, we examine India’s current national policy and regulations for establishing an NGO.
Sourcing and Procurement from India: Establishing an Office on the Ground
For businesses wanting direct control over their sourcing operation in India, establishing a local presence is an integral step. In this excerpt from our latest India Briefing magazine, we compare the options available to foreign companies.
New Indian e-Visa Scheme Makes it Easier for “Casual Business” Visits
Last week, India loosened its electronic visa policies. Although the changes are chiefly aimed at boosting international tourism, the new e-visa can also be used for a “casual business” visit and should encourage more businesses to travel to the country.
Getting to Grips with India’s New Labor Laws
India has recently taken steps to reform its labor market in order to increase the size of its manufacturing sector and create more jobs. These changes are part of Narendra Modi’s goal to use labor-intensive manufacturing to employ its booming working age population.
Can India’s Newly Drafted Road Safety Laws Help Boost its Economy?
The Indian government has released a draft bill of measures to help tackle road safety and congestion. Long overdue, the bill aims to address some of the many problems that exist in how India regulates its roads, but may also have a profound effect on the country’s still-developing economy.
Establishing a Liaison Office to Reach the Indian Market
Establishing a liaison office is typically the first exploratory step foreign companies take towards selling to the Indian market. Liaison offices are permitted to facilitate and promote the parent company’s business activities and act as a communications channel between the foreign parent company and Indian companies and consumers.
Updates to India’s Companies Act 2013
The Ministry of Corporate Affairs recently released more updates to the Companies Act 2013. There were changes to the limits of video conferencing for Audit Committee Meetings and to the limits on contractual agreements by companies with other parties.