www.skpcrossborder.com Jul 31, 2004
Your eye to India-centric and International updates
In the News
Rajasthan’s biotechnology policy to boost investment
 

The great spurt and record growth that the auto components industry experienced last year is likely to continue with more incentives on the anvil... Our Say

In a bid to attract investment in biotechnology, Rajasthan plans to announce an investor friendly policy offering special concessions to prospective entrepreneurs... More

Interesting Reads
Liaison offices could be taxable in India!

A recent ruling by The Authority for Advance Rulings (AAR) brings to light that business activities carried on in India, even if these are carried out by LOs, will be subject to taxes in India. more

A tale of many cities!!

Globalisation has resulted in the national origins of a company becoming hard to tell. This is especially so in the case of the IT industry, where many US firms have large ‘back-end’ operations in India. more

Interest paid to OCB in Mauritius taxable here

The Authority for Advance Rulings (AAR) recently held that interest on debentures paid to an investor, who is a resident of Mauritius, is subject to withholding tax in India, unless it is specifically exempted. more

Worth a read

We are reproducing an article which has been written by Mr Tarun Das, which appeared in the The Economic Times, June 08, 2004. It provides a great insight into the metamorphosis that India has and is going through and will definitely interest many of our international readers. more

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India Budget 2004
India Budget 2004
Blues or Benediction?
Most of you must have received our budget analysis sent a while ago. For those of you who didn’t, download here...

India Inc
- Investment briefs
Pune continues to attract substantial inward investments
French Accor plans more Indian buys
NPIL to launch global dermo-cosmetic range
IOB looks at Malaysia, China for foreign push
Baxter may make India outsourcing hub for API
Marriott to focus on India

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