Rated as one of the fastest growing major economies in the world, this is an interesting time to do business in India. A host of reforms have made it easier for entities to start, operate and also exit businesses in India.
Some of the initiatives including ‘Make in India’, improving the ease of doing business in India, ‘Start up India’ and ‘Digital India’ will further pave the way for growth.
On the tax front, India has witnessed a revolutionary change with the introduction of ‘Goods and Services Tax’ (w.e.f July 2017) as the single biggest tax reform undertaken by the country since independence.
All this is truly poised to unlock the potential for growth in India and build a more vibrant economy.
This guide is intended to serve as a primer for companies planning to enter the Indian market to tap significant opportunities across various sectors. It aims to provide business information on the country’s legal, accounting and taxation framework.
We hope you will find this guide informative. Read full report for more insights.