Merger and acquisition transactions will be getting impacted with proposed announcement in Budget 2021 with no more benefits on tax savings on depreciation on goodwill acquired. The Budget proposal states that goodwill (and also existing goodwill) will not be eligible for tax depreciation. In the financial statement, goodwill is [...]
Background: The recent, rapid and extensive evolution in the technological sphere has facilitated enterprises to emerge with business models that has enabled them to shift their profits to low or no tax jurisdictions. These business structures have consistently found ways to remain out of the ambit of global tax [...]
Sudhir Rao is one of the most successful managing directors in the Indian car industry. While Western car giants, such as GM and Harley Davidson, had to throw in the towel on their India adventures, Rao played a strong role in making Renault and Skoda among India’s sustainable western [...]
What is the need for obtaining a BIS registration and why is it important in India? To begin with, one of the objectives of the World Trade Organization is to facilitate trade amongst countries smoothly. However, there are technical barriers to trade which can impose unreasonable restriction for a [...]
India has the youngest and most mobile population in the world, and there are numerous job seekers entering the market every day. France is a free-market-oriented economy with an aging population. It is also a developed country. Thus, talent management in both countries is different. We will discuss the [...]
The scope of managing finances in India is very wide. The session aims to briefly touch on important aspects of what are the various options available to a foreign company to raise money for their business in India. Managing finances falls broadly into 3 categories: Taxation [...]
Everyone at M+V was looking forward to celebrating our 20th anniversary event in 2020, but like everyone else in the world we had to change our plans pretty quickly! Pre Lockdown – a 20th anniversary celebration! We were lucky that we did manage to host our first planned event [...]
India has 3 types of legal forms for setting up a company. Besides a Private Limited, the Indian variant of a BV, many international companies in India opt for a liaison office. What options does a liaison office in India offer? And is this really the best choice for [...]
The economies across the globe are facing the world’s biggest pandemic and going through a tough phase. India is not an exception. Most of the industry sectors are severely hit due to the impact of COVID-19. Going by the statistics and the survey report of CIO India, Sales in [...]
“A cold start is not possible without a strong local partner”- Managing Director, Scotch & Soda The Dutch clothing brand Scotch & Soda is making an international advance. Their clothing is now sold in almost 90 countries, including India. The goal of Scotch & Soda was to open two [...]
