Setting Up of Branch/Liaison/Project Offices In India

Foreign Investment in India is governed by the FDI policy announced by   the government of India, FEMA, and regulations issued by RBI. The FDI policy lays down the broad framework providing for eligibility of doing business in India.  A foreign company planning to do business in India can represent  through a Liaison office/Representative office, a Read more about Setting Up of Branch/Liaison/Project Offices In India[…]

Term Sheet

Decoding Term Sheet

A term sheet is a document in a bulleted list, laying down the terms and conditions of a contemplated business agreement. It is prepared by any of the proposing parties. The terms and conditions contained in this document are not binding to any of the parties. They are subject to modification through further negotiations before Read more about Decoding Term Sheet[…]

GST and Accounts

GST Accounting and Compliance

Goods and Services tax (GST) has been identified as one of most important tax reforms post-independence. It is a tax trigger, which will lead to business transformation for all major industries. There will be a great impact on the Accounting and Reporting processes pre as well as post GST. There will be a compelling need Read more about GST Accounting and Compliance[…]

ITR

Which ITR Form should you file ?

Return Form with Brief Description ITR – 1 For Individuals having Income from Salaries, one house property, other sources (Interest etc.) and having total income upto Rs.50 lakh ITR – 2 For Individuals and HUFs not carrying out business or profession under any proprietorship ITR – 3 For individuals and HUFs having income from a proprietary Read more about Which ITR Form should you file ?[…]