The SKP Advantage
With India’s increasing attractiveness as an investment destination, FDI has been on the rise with a growing number of international businesses looking at establishing operations here. However, the risks associated with venturing into a new territory with a complex accounting, tax and regulatory environment are many. This guide aims to give you an overview of the ever-changing Indian environment.
Direct taxes have been one of the primary concerns of investors in India. The law itself is over 50 years old and is continuously evolving. Currently, we are witnessing a strong thrust from the Modi government towards voluntary compliance and reporting by the taxpayer with electronic linkage and electronic processing of data. The government has also announced its intent to introduce a series of measures for increased stability in tax laws. Our first issue covers developments from April to June 2015.
Our article in Nexia International’s Global Insight discusses the important developments over the last year that are improving India’s business environment. During the year, several policy initiatives have been introduced to facilitate foreign investment - and they are already having a visible impact.