Importing and Exporting in India – New Issue of India Briefing Magazine Out Now
India has historically played an important role in global trade flows. Located between mainland Asia, Southeast Asia and the Middle East, India has long served as a gateway to global markets. Today, importers and exporters continue to benefit from India’s geostrategic position; however, low operating costs and business friendly measures from the government have helped importers and exporters expand their interests in recent years.
In this issue of India Briefing Magazine, we examine India’s import and export landscape, basic import and export procedures, as well as the customs duties. In the first article, entitled “The Import and Export Landscape in India”, we note that India’s import-export landscape has remained stable despite significant economic changes. This bodes well for businesses that trade with India.
In the second article, entitled “Import and Export Procedures in India”, we summarize procedures that importers and exporters must follow in India. This summary can help businesses that want to begin imports and exports to start to prepare for trading in India. In the third article, entitled “Calculating Customs Duties in India”, we describe the most basic custom duties and provide an illustration that financial administration teams may examine to gain a rough estimate of potential duties calculations.
Importers and exporters will find a stable trading environment in India. The country’s geostrategic position, low operating costs and massive unified market are complemented by well-established trade flows and steady government policies. Importers and exporters that master current trade conditions are well-positioned to reap lucrative rewards as India’s investment climate continues to improve.
Asia Briefing Ltd. is a subsidiary of Dezan Shira & Associates. Dezan Shira is a specialist foreign direct investment practice, providing corporate establishment, business advisory, tax advisory and compliance, accounting, payroll, due diligence and financial review services to multinationals investing in China, Hong Kong, India, Vietnam, Singapore and the rest of ASEAN. For further information, please email email@example.com or visit www.dezshira.com.
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An Introduction to Doing Business in India 2015 (Second Edition)
Doing Business in India 2015 is designed to introduce the fundamentals of investing in India. As such, this comprehensive guide is ideal not only for businesses looking to enter the Indian market, but also for companies who already have a presence here and want to keep up-to-date with the most recent and relevant policy changes. We discuss a range of pertinent issues for foreign businesses, including India’s most recent FDI caps and restrictions, the key taxes applicable to foreign companies, how to conduct a successful audit, and the procedures for obtaining an employment visa.
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In this issue of India Briefing magazine, we take a look at the bilateral and multilateral trade agreements that India currently has in place and highlight the deals that are still in negotiation. We analyze the country’s double tax agreements, and conclude by discussing how foreign businesses can establish a presence in Singapore to access both the Indian and ASEAN markets.
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