India has removed incorporation fees payable to the Registrar for OPCs and small businesses and made it easier to reserve a company name. We briefly discuss the latest ease of doing business reforms.
India’s 2018 federal budget raised the customs duty for ten categories of imports to promote Make in India and boost local sourcing of components. Here we briefly discuss the duty hike and imposition of the new Social Welfare Surcharge.
The 2017 Companies (Amendment) Act – in effect from January 4, 2018 – will ease doing business in India, and will improve transparency in corporate governance. Here we highlight major changes to the existing 2013 Companies Act.
Singapore is an ASEAN member, which can service firms interested in doing business with India as well as other nations within ASEAN. Here we discuss how foreign investors can qualify to participate in ASEAN’s FTAs through Singapore.
India recently amended its FDI Policy; major beneficiaries include single brand retailers and the medical devices industry. The government has sought to provide more clarity on compliance requirements and ease the investment process.
The Maharashtra Shops and Establishment Act of 2017 was notified on September 7, 2017, and will come into force on a date to be specified in the Official Gazette. In this article, we discuss the key reforms proposed and forthcoming compliance requirements for firms in the state.
Expats should take note of the identification documents and financial services that must be linked with the Aadhaar number if they hold residency in India.
India’s federal tax body has come down heavily on bitcoin traders in an attempt to address tax evasion. Here, we briefly discuss the country’s tax position on cryptocurrencies and ICOs.