Doing Business in India
With the global economic slowdown and need to maintain a balance between fiscal prudence and economic growth, India’s Finance Minister, Arun Jaitley, has the challenging task of meeting expectations from the Union Budget 2016-17. He is likely to be cautious; however, it is expected that the Budget will bring in several tax reforms to boost exports, encourage start-ups, improve the ease of doing business in India and attract FDI. In this update, we put forth some direct tax expectations from the Union Budget 2016.
In our latest issue of Assurance Insights, we discuss the various rules and regulations that impact the process and procedures for deposits in India. We look at the Corporate Social Responsibility FAQs notified by the Ministry of Corporate Affairs. We also discuss the issue of money laundering in India and the measures prescribed by RBI and SEBI and, also cover the latest development in regulatory policy.
We are delighted to announce that SKP has won Nexia International’s ‘Firm of the Year’ Award for 2015. We are proud and honoured to have our efforts recognised by Nexia – the tenth largest accounting and consulting firm network in the world according to the International Accounting Bulletin Survey 2015.