Other Briefings
Biden: U.S. & India Want Quadrupling of Bilateral Trade to US$500 Billion
U.S. Vice President Joe Biden, the first to visit India in three decades, spoke of the two countries’ mutual desire to quadruple bilateral trade at a speech given in Delhi yesterday. However, he acknowledged a lot needed to be done to remove trade barriers, and that India needed to address its “inconsistent” tax system and barriers to market access.
Could India Manufacture the iPad?
The reason for the introduction of the luxury tax is that India now wishes to discourage the importation of foreign products that do not add to India’s FDI or domestic manufacturing position – in my view a fair enough stance to take. But coupled with that is the question over Indian manufacturing capabilities. Could Indian companies manufacture the iPad? Are the competencies and financial strengths there?
Introduction to Investment Structures in India
Until 1991, the Indian economy was a closed market. India’s economic liberalization dramatically changed the situation for foreign investment – today FDI up to 100 percent is allowed under the automatic route in most sectors/activities. Under the automatic route, FDI does not require any prior agreement and only involves intimation to the Reserve Bank of […]
New Issue of Asia Briefing: An Introduction to Tax Treaties Throughout Asia
In this issue of Asia Briefing Magazine, we look at the various types of trade and tax treaties that exist between Asian nations. These include bilateral investment treaties and also the meatier double tax treaties and free trade agreements that directly affect businesses operating in Asia.
Key Sectors for FDI in India: Airports and Ports
As the government prioritizes the development and refurbishment of national infrastructure, investment into India’s airports and ports is an increasingly attractive option for investors looking to tap into India’s market.
An Introduction to Audit in India for Non-Auditors
While it may be hard for someone without a background in tax or accounting to be responsible for the financial operations of the company’s subsidiary in India, it will certainly be to their benefit if at least a basic understanding of the procedures can be obtained.
New Issue of Asia Briefing: An Introduction to Development Zones Across Asia
In this issue of Asia Briefing Magazine, we break down the various types of development zones available in China, India and Vietnam specifically, as well as their key characteristics and leading advantages. We then go on to provide a snapshot of the latest development zones across the rest of Asia. We hope that this issue will provide the basic fundamentals to understanding one of the most important business tools available to international businesses operating in Asia.
Preparing Foreign-Invested Entities for Annual Audit in India
India is often perceived as an investment destination full of red tape and bureaucracy, yet in fact with some attention to detail, the legal and financial operational procedures can be relatively easily expressed – if you know what you are doing. Annual audit procedures help assess companies for purposes of taxable income, but can also help management evaluate company efficiencies and deficiencies.
