Other Briefings
ASEAN-India Free Trade Area Part I: Introduction
By Alex Tangkilisan Feb. 7 – The ASEAN–India Free Trade Area (AIFTA) is a free trade area consisting of the 10 member states of the Association of Southeast Asian Nations (ASEAN) and India. The initial framework agreement was signed in Bali, Indonesia, on October 8, 2003, and the final agreement was signed on August 13, […]
Companies Act 1956: Annual Compliance in India
By Gunjan Sinha Feb. 6 – Indian companies that were incorporated under the Companies Act 1956 must file their annual return and audited accounts with the Registrar of Companies (ROC) every year. The annual forms that have to be filed with the Registrar of Companies, including a greater description of the particulars, are shown below.
The Importance of Digital Signature Certificates in India
By Gunjan Sinha Jan. 14 – The Digital Signature Certificates (DSC) utilized in India effectively serve as the digital equivalent of a hand written signature which has extra data attached electronically to any message or document. DSCs also ensure that no alterations are made to the data once the document has been digitally signed. A […]
Maintaining Statutory Registers in India
By Gunjan Sinha Jan. 8 – The Companies Act (1956), which regulates setting up and running companies in India, requires all classes of companies in India (irrespective of size or capital) to maintain a list of Statutory Registers. This list contains the stipulated information that a company is required to disclose to its stakeholders, generally […]
Maternity Benefits in India
Dec. 20 – One of the primary objectives of India’s Maternity Benefit Act (1961) is to maintain the health of a pregnant female employee and her child. The act applies to every factory, mine or plantation (including those belonging to government), and to every shop or establishment wherein 10 or more people are employed. To […]
India Set to Release GAAR Final Draft
The Indian government is likely to announce the final draft of the General Anti-Avoidance Rules (GAAR) within the next 10 days, according to the country’s Finance Minister P. Chidambaram.
New Issue of India Briefing: Establishing a Business in India
In this issue of India Briefing, we discuss establishment structures, including liaison offices, project offices, branch offices, and wholly owned subsidiaries. We overview each structure in terms of the situations in which it is appropriate, its permissible activities and limitations, as well as its setup and winding up processes, complete with flow charts.
How Do I Hire Staff in India?
Obtaining visas for foreigners and drawing up employment contracts under Indian labor laws Nov. 14 – Whether your business uses foreign or domestic staff/workers when operating in India, there are a number of legal requirements to pay attention to, from visas for high-skilled workers to drawing up contracts for laborers. In this article, we look […]
