India launched National Agriculture Market
India launched National Agriculture Market 21 Mandis from 8 States have been linked to National Agriculture Market. 200 mandis will be linked within five months and 585 Mandis by March, 2018. Various Schemes Initiated to Double Farmers Income in next Five Years. The Hon’ble Prime Minister, Shri Narendra Modi, launched the pilot of e-NAM – the
India Infrastructure & Policy Update
The Government of India (GoI) has amended its existing policy on foreign direct investment (FDI) and has allowed: 100% FDI in single brand product retail trading by only non-resident entity whether owner of the brand or otherwise; 51% FDI in multi-brand retail trading under government route; 49% FDI by foreign airlines in the capital of
Memorandum of Understanding between India and Iran
The Honorable Prime Minister of India during his visit to Iran (22nd May-23nd May 2016) expressed that there is great synergy between India and Iran. A number of MOUs and Agreements have been signed between the two countries which are expected to generate significant economic benefits for both India and Iran. The following MOUs/Agreements have
India and Mauritius double taxation avoidance treaty
India and Mauritius sign the Protocol for amendment of the Convention for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion The Protocol will tackle the long pending issues of treaty abuse and round tripping of funds attributed to the India-Mauritius treaty, curb revenue loss, prevent double non-taxation, streamline the flow of investment
Future of Legal Outsourcing India 2020
Report: Legal Process Outsourcing India (LPO) Market Analysis and Segment Forecasts to 2020 The international legal process outsourcing (LPO) market is expected to grow USD 8,568.5 million by 2020. Cost effectiveness & quality through outsourcing repetitive legal activities is expected to be the may cause growth for the market over the next six years. Additionally, LPO facilitates higher
Pharma Pricing Policy India
GoM finalizes pharma pricing policy – market based pricing model proposed by industry adopted, covers all essential medicines under NLEM 2011. On September 11, 2012, the Supreme Court had directed the Government to decide the pharma pricing policy by September 27, 2012.Acting on this direction, the Group of Ministers (‘GoM’) has approved the proposal to
Large ECBs for power & capital goods in August 2012 India
ECBs fell by around 28% during Apr- Aug2012 at US$11.52bn as compared with US$15.92bn in Apr- Aug 2011. Indian firms have raised US$2.36Bn through external commercial borrowings (ECBs) in the month of August 2012 by automatic and approval route during the period. The borrowings have declined from US$3.70Bn in August 2011 to US$2.36Bn in August 2012. ECBs fall 27.6% as compared with
Emerging Contours in the MSME Sector of India
The Micro, Small and Medium Enterprises (MSME) sector has emerged as a highly vibrant sector of the Indian economy over the last five decades. The sector plays an imperative role in the development of the economy. This is evident from the fact that the sector contributes 8% of the country’s GDP, 45% of the manufactured
Retail Investor’s Survey India
The investment pattern in the country suggests that investment flow have been highest in the traditional modes of investments such as in real estate market followed by gold and silver. Amid the uncertain financial environment, the financial markets across the globe have been sluggish for a sustained period now. Hence, at this juncture, investors were keener
SERVICES PROVIDED IN TAXABLE TERRITORY ALONE ARE TAXABLE
S.No. 6 of the notification no. 25/2012-ST dated 20.06.2006 exempts services provided by an arbitral tribunal or an individual as an advocate or a partnership firm of advocates by way of legal services to a business entity with a turnover up to rupees ten lakhs in the preceding financial year. Does the word ‘turnover’ include