Doing Business in India_2023
27 June 2023
A comprehensive guide to key Tax and Regulatory considerations
Driven by a large economy, strong economic reforms, a growing consumer market and a talented workforce, India has emerged as a lucrative country to do business in, and one of the most attractive destinations for investments. Programmes like ‘Make in India’ and ‘Start-up India’ are strengthening the country’s manufacturing infrastructure, innovation and entrepreneurship landscape. The Government is also taking several steps to facilitate ease of doing business in the country, resulting in India’s ranking in the World Bank Group’s ease of doing business index jumping from 142 to 63 in just seven years.
Maintaining its momentum, the Indian economy continues to be robust with strong GDP growth targets, on the back of effective economic measures. Moreover, the Government has been instituting several measures to enhance foreign capital inflows into the world’s largest democracy, such as the vision to set up an International Financial Services Centre akin to those in Singapore, New York and London and strengthen the physical and digital infrastructure.
To help global companies understand the Indian business landscape and assist them as they evaluate opportunities for doing business here, BDO in India is pleased to present ‘DOING BUSINESS IN INDIA – A Comprehensive Guide To Key Tax & Regulatory Considerations, encompassing several important dimensions of the tax and regulatory environment and indicators for setting up a business in India.