Many foreign investors and private equity funds putting money in Indian firms will soon realize that pulling out of the country can be a lot tougher than they imagined. For years, offshore financial and strategic investors have struck deals with their Indian partners to put in place an easy exit arrangement. It gave the abroad … Read more
Change in Rate of Service Tax on Money Changers Prepared By: CA Pradeep Jain And Sukhvinder Kaur, LLB[FYIC] With effect from 16.05.2008, the services pertaining to purchase or sale of foreign currency, including money changing was brought under service tax. The authorised dealers in foreign exchange or authorized changers were also covered. The … Read more
Are you planning on Buying property in Goa?? Then we at Magic Masons feel that congratulations are in order, as, in light of the golbal financial melt down there is no better time to purchase property in Goa than right now. http://www.magicmasons.com For your conveninence we have provided you with all the information you would require to purchase … Read more
INTRODUCTION One of the outstanding features of globalization in the financial services industry is the increased access provided to non-local investors in several major stock markets of the world. Increasingly, stock markets from emerging markets permit institutional investors to trade in their domestic markets. Indian stock market opened to Foreign Institutional Investors in 14th … Read more
ROUND TRIPPING Introduction: Round Tripping refers to the capital belonging to a country, which leaves the country and is then reinvested into the country in the form of FDI. This route attracts a lot of incentives, which are: Firstly, enterprises set up through FDI enjoy … Read more