Opening a representative office in India A foreign company branch operating in India can be done for specific business activities. Initiating in India a business that will be integrated as a representative office, means the foreign company representatives should get from the Foreign Exchange Department and Mumbai RBI an approval. The RBI will check the applicant company […]
The Ministry of Commerce and the Ministry of Finance are not working in a well-coordinated manner leading to some intended benefits not reaching the exporter. Delays in benefits, as well as the denial of just refund or inordinate delay, play havoc with the working capital of the exporter. This also leads to a higher cost of exports.[…..]
There are numerous faults people perform while handling GST taxation. Unless and until you recognize and rectify them on an immediate effect, you may have to suffer a huge loss on the go. Notably, these mistakes can be classified principally into two categories: Computational Mistakes Conceptual Mistakes Computational Mistakes These errors can be considered as minute mistakes[…..]
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Why the GST is so important for the tax system in India? India has launched its biggest tax reform from 1st of July, 2017 with an IVA that, according to the government, will bring a stronger and less corrupt economy. It is a big change that worries entrepreneurs. GST means Goods and Service Tax (GST) that replaces[.....]