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
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
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
Indirect Tax Notifications India
Notifications: Customs„X CBEC has issued a Notification No. 66/2012 ¡V Customs (Non-Tariff), dated 31st July, 2012 amending Notification No.36/2001-Customs (N.T) dated 3rd August 2001. For the full text of the Notifications, members may visit: http://www.cbec.gov.in/customs/cs-act/notifications/notfns-2012/csnt2012/csnt66-2012.htm CBEC has issued a Notification No. 67/2012 ¡V Customs (Non-Tariff), dated 1st August, 2012 regarding rate of exchange of conversion of each