Business loans in India are a vital component for the growth and expansion of small and medium-sized enterprises (SMEs). With various types of loans available, it’s essential for entrepreneurs to understand the eligibility and requirements for each loan type to ensure they find the best fit for their business. In this post, we will discuss […]
Introduction to DTAAs Double Taxation Avoidance Agreements (DTAAs) are treaties signed between two countries to prevent the double taxation of income earned by individuals or businesses in one country by the tax authorities of both countries. These agreements outline the tax rights and responsibilities of both countries and provide guidelines for individuals and businesses to
Exploring Double Taxation Avoidance Agreements: A Brief Guide to India’s Major DTAAs Read More »
Dissolving a partnership firm in India can be a complex process with various legal and tax implications. It is important for the partners to understand their rights and duties during the dissolution process and to consider tax planning options to minimize any negative financial impact. Introduction A partnership firm is a business entity formed by
India is a land of opportunity for businesses, offering a large and growing market, favourable demographics, and a strong technological infrastructure. However, doing business in India can also present challenges, including a complex bureaucracy and regulatory environment, limited access to financing, and infrastructure challenges. This guide will provide an overview of the steps involved in
Setting up a business in India: A guide for foreign investors Read More »
Introduction to GST in India GST, or Goods and Services Tax, is a comprehensive indirect tax on the supply of goods and services in India. It was introduced on July 1, 2017, and replaced several indirect taxes that the central and state governments previously levied. GST aims to create a single, unified market by eliminating
GST Compliance in India: Best Practices and Requirements Read More »
Accounting is a crucial aspect of running a successful business, especially for real estate companies in India. Proper accounting helps real estate companies in India to track their financial performance, make informed business decisions, and comply with various regulatory requirements. In this post, we will delve into the provisions of the Companies Act, 2013 and
Accounting Essentials for Real Estate Companies in India Read More »
Transfer pricing refers to the pricing of goods, services, and intangible assets transferred within a company or group. It is an important concept in international taxation, as it determines how much tax a company should pay in each jurisdiction. In India, transfer pricing is regulated by the Income Tax Act 1961, and the Central Board
Navigating Transfer Pricing in India: Case Laws and Guidelines Read More »
Incorporating an NBFC (Non-Banking Financial Company) in India can be a complex process, but it is an important step for anyone looking to start a financial business in the country. NBFCs play a vital role in providing financial services to individuals and businesses, and they are regulated by the Reserve Bank of India (RBI). In
Incorporating an NBFC in India: A Step-by-Step Guide Read More »
Foreign exchange management is essential to any organisation’s risk management strategy. It involves implementing controls to ensure that the organisation maintains a predetermined financial and operational safety level. Foreign exchange management aims to ensure sufficient funds are available for operations and risk appetite needs and to minimise the organization’s exposure to foreign exchange risks. In
A primer on Foreign Exchange Management Act (FEMA) Read More »
The process of registering a Limited Liability Partnership (LLP) in India involves several steps and can be complex for those who are unfamiliar with the process. An LLP is a business structure that combines the benefits of a partnership and a private limited company, offering the liability protection of a company and the flexibility of
LLP Registration Process Read More »