Doing Business in India
As a part of SKP’s series that focuses on the healthcare sector in India, we present to you our latest report, The Medical Device Industry in India: Therapeutic Areas. This report provides insights on four major therapeutic areas – cardiovascular, diabetes care, orthopaedics and neurology. The increasing prevalence of lifestyle-related ailments is leading to growing demand for more advanced medical device support. Presently, although 13.7% of global deaths due to cardiovascular diseases occur in India, the Indian...
The use of derivative contracts to manage risks arising from changes in foreign exchange rates or interest rates is a common practice these days, even for smaller companies. A variety of financial market products are accessible, mainly due to the integration of financial markets across the globe and the growth in international commerce. The use of these complex instruments including derivative contracts brought to the surface, the shortcomings of accounting models which rely mainly on historical costs...
Draft Income Tax Rules to determine the amount received by a company with respect to shares for dete
Currently, under the provisions of the Income Tax Act, 1961, ‘buy-back tax’ is levied at the rate of 20 percent on the ‘distributed income’ arising out of the buy-back of unlisted shares by the domestic company. ‘Distributed income’ was defined to mean the consideration paid by the company on buy-back of shares...