The SKP Advantage
We are pleased to present SKP’s Doing Business in India guide – a publication intended to introduce investors to the business, regulatory and tax environment in India. With India’s increasing attractiveness as a destination for doing business, we hope this guide gives you an overview of the ever-changing Indian environment. If you are looking at investing in India, do contact our team for the latest information.
India is an attractive destination for foreign businesses looking to set up a manufacturing facility due to factors such as the country’s large, young and educated workforce, a strong domestic market (private consumption accounts for 60% of GDP), rising per capita income, and most importantly, the new government’s changing policies such as the ’Make in India’ campaign. In this article, we have identified five major locations that are among the largest receivers of foreign direct investment (FDI) into India.
Goods and Services Tax (GST) remains the most awaited tax reform of the nation. Though, the first discussion paper on GST was issued in 2009, this reform is yet to materialise. Today, on 19 December 2014, the 122nd Constitutional Amendment Bill was introduced in Parliament. However, there have been recent positive developments on the proposed GST reform, which gives us reason to believe...