CHECKLIST OF DOCUMENTS FOR DIRECTORSHIP IN INDIAN COMPANIES BY “PERSONS RESIDENT OUTSIDE INDIA” (i.e. Foreign Nationals/ Persons of India Origin/ Non Resident Indians)

In the recent years, the Government of India has liberlised its policies for the Foreign Investors whereby they can come to India and invest in various sectors. Presently every sector except the few like railway, defence, agriculture, real estate etc are allowed by the Government, where the Foreign Direct Investment can be made through automatic/ … Read more

Definition of business under GST

2(17) Business: the new definition reads as follows: “Business includes – (a) Any trade, commerce, manufacture, profession, vocation or any other similar activity, whether or not it is for a pecuniary benefit; (b) Any activity or transaction in connection with or incidental or ancillary to (a) above; (c) Any activity or transaction in the nature … Read more