Q. 1. What are the forms in which business can be conducted by a foreign company in India? Ans. A foreign company planning to set up business operations in India may: Incorporate a company under the Companies Act, 1956, as a Joint Venture or a Wholly Owned Subsidiary. Set up a Liaison Office / Representative[…]
STARTUPS SCHEME BY GOVERNMENT OF INDIA The Government of India on 16th January, 2016 announced a series of programs, incentives and exemptions for Startups in India. The flagship Startup India initiative announced by the Prime Minister, Narender Modi is aimed at creating a strong and vibrant startup eco-system in India and to create a culture[…]
UNION BUDGET – 2016-17 Today, Finance Minister Arun Jaitely has presented the Union Budget for 2016-17 in the Parliament. He quoted that the Government believe in the principle that money with the government belongs to the people. Citing that the CPI inflation has come down to 5.4% from 9 plus, he said it is huge[…]
Highlights of the Railway Budget 2016-17 Theme of the Budget Overcoming challenges – Reorganize, Restructure Rejuvenate Indian Railways: ‘Chalo, Milkar Kuch Naya Karen’ Three pillars of the strategy i.e. Nav Arjan – New revenues, Nav Manak – New norms, Nav Sanrachna – New Structures. Financial Performance 2015-16- Savings of Rs. 8,720 crore neutralizing most of the revenue[…]
MAKE IN INDIA Make in India is an initiative program launched by the by Prime Minister, Narendra Modi on 25 September 2014 in a function at the Vigyan Bhawan in New Delhi. This program has been launched to encourage Multinational Companies and Domestic companies to manufacture their products in India and make India a manufacturing[…]