A tax audit is mandatory in India for individuals and companies – if their turnover or gross receipts exceeds a specified threshold.
Businesses in India need to be diligent and prepare for a potential escalation of the coronavirus outbreak.
Firms in India that have entered into non-complete agreements have to pay 18 percent GST on the non-compete fee.
Foreign investors entering into joint venture agreements with Indian partners should understand India’s regulatory and tax landscape as well as perform key due diligence checks before incorporation or agreeing to a partnership.
This article discusses the impact of coronavirus in China on businesses in India, and contingency plans for businesses facing production challenges.
India is a preferred back office and outsourcing destination for key service functionalities in industries like software, IT, financial services, and HR and payroll management.
India has proposed a new income tax plan for individual taxpayers but the existing regime will continue. We break it down here.
We review major takeaways for foreign investors from India’s national budget for FY 2020-21, which was presented on Saturday, February 1.