India’s New Direct Tax Reforms 2019

Indian corporate tax reform

The Big Direct Tax Reforms 2019 By Modi Government 2.0 Writing a new income tax – It has been attempted several times before in the last 3 decades but only to fall by the wayside … in the last decade twice the then Finance Ministers Mr. Chidambaram and Mr. Pranab Mukherjee tried to leave their imprint on the Finance Ministry through an ambitious new Direct Tax Code (DTC)… the public and taxpayers got to see the draft of the…

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Jilian’s India Investment Seminar 2019

India Investment seminar

For the past two years, Chinese enterprises are expanding their worldwide presence by overseas investment. India, as the new node of the Belt and Road Initiatives, which has natural geographical advantages, not only possesses high potential market environment but also occupies stronger development advantage in many areas. The overseas investment strategy of Chinese enterprises is also looking for raw materials, energy and infrastructure projects from developed countries such as Europe and the United States, and gradually turning to emerging…

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India Private Limited Company Incorporation

indian company setup

What is Private Limited Company? 1. It is a legal Entity approved by the Ministry of corporate affair India incorporated under Companies Act 2. Having feature of Limited Liability which means liability of the members will be limited. 3. Most reliable company setup Model as compare to other company setup model models like Sole Proprietorship, Partnership etc How to Register a India Private Limited Company  1st Step: Apply for Digital Signature what is DSC: It is an electronic Signature…

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Income Tax Changes 2019-20

taxation India

  Here are the following changes in Income Tax 2019-20 If the taxpayer is a director in a company* at any time during the tax year, the following details need to be furnished (ITR 2, 3): ► Name and Permanent Account Number (PAN) of the company ► Whether shares of the company are listed or unlisted ► Director identification number 2. If the taxpayer is a partner in a Firm* then need to Furnish Name of the firm and…

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starting a Company in India

starting a company in india

    8 Steps to start a Company in India   If you starting a new business in India this article definitely can help you The step-by-step guide to starting a Company in India: 1. Obtain DIN  Obtain the provisional Director Identification Number by filing application Form DIN-1 online. The application form must then be printed and signed and sent for approval to the ministry along with proof of identity and address. Upon verification and approval, a permanent DIN…

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GST Council extends  GST3B Filing Due Date to 22nd February for January 2019 Today is the last date to file GSTR 3b for the month of January 2019 and GST portal is not working since morning. It was expected that GST council may extend the Due date of filing GSTR 3B for the month of January 2019. On the twitter channel of CNBC-TV18, it has mentioned that GST Council has extended due date of filing GSTR 3B by 2 days. …

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How to Register a Company in China

register business in china

How to register a company in China Going through the procedure of the Company registration in China, you will realize that it is not at all simple to incorporate a company in China. So before deciding to incorporate a company in China, you need to consider the options, whether it is absolutely necessary to incorporate a company, or your project can be completed via an Umbrella company. Umbrella Company is an entity in China that works for and on…

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How to set-up a WFOE in China?

business registration in china

How to expand your business to China by setting up Wholly Foreign Owned Enterprise. A Wholly Foreign Owned Enterprise (WFOE) can be incorporated to conduct general business activities in China It gives foreign investor complete control of the day to day business and decision-making without any compulsory involvement from a Chinese partner. A Wholly Foreign Owned Enterprise (WFOE) is the quickest method to get a business license in China. Once incorporated, companies can begin to conduct general business activities in China. Find…

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India will be the fastest growing economy in the next three years

Ayhan Kose, director of the World Bank’s Development Prospects Group, said: “The Indian economy today is strong, resilient and has the potential to achieve sustained growth.” The World Bank said in its June 2018 Global Economic Outlook report that the Indian economy is expected to be in 2018. In fiscal year -2019 (April 1, 2018-2019), it increased by 7.3% and increased by 7.5% in fiscal year 2019-2020, reflecting strong private consumption and strong investment demand. The report, released on…

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