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    Future Outlook for India’s IT Sector

    Mar. 6 – Up until the crux of the Global Financial Crisis, India’s information technology (IT) sector was consistently one of the country’s strongest performers. Though augmentation rates shrank, the falling rupee provided a cushion. Therefore, the CNXIT index constantly outperformed the broader market and in fact, the IT sector was the only one to[…..]

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    Reporting Activities of Liaison Offices in India

    Non-resident entities having liaison offices in India are obligated to submit a prescribed annual statement to the tax authorities in respect to their activities within 60 days from the end of the financial year.

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    Simplification of Business Visas for Indians from Italy

    Mar. 1 – India and Italy this week discussed each other’s business visa management and the simplification of the application process for citizens of both nations. The two countries wish to streamline the business visa process in order to provide their nationals with easier access to both markets. India’s Ministry of Commerce and Industry and[…..]