The power of industry experience is perspective - perspective we bring to help you best leverage your own capabilities and resources. We are committed to provide a seamless, integrated service and to deliver the highest quality advice to all our clients.
As an emerging economy, India still operates with a headline tax rate of over 30% and a borrowing rate that remains perennially over 10%.
Pre-listing holding period reduced from 2 years to 1 year; open offer trigger relaxed from 26%to 49%
Finance minister Nirmala Sitharaman increased FDI limit in the insurance sector from 49% to 74% in Budget 2021
Experts believe that the residency status circular is worded in a way that it feels like the government is more worried about NRIs do not go tax-free both in their home country as well as in India
While there is an expansion in fiscal deficit in the near term, the Budget does well to outline a path to fiscal consolidation once normalcy in economic activity is restored.