On August 3, the Rajya Sabha or the Upper House of India's Parliament passed the much discussed and much awaited Goods and Services Tax (GST) bill. Labeled as a landmark tax reform, the Goods and Services Tax will replace a plethora of various state and federal taxes such as VAT, sales...
UK-India Business Leader Says Doing Business in India Has Become Easier
The Times of India interviewed Patricia Hewitt, Chair, U.K. India Business Council, the business-led organization that works with the British government to promote bilateral trade between the U.K. and India. She said in the interview that “the election of the Narendra Modi government, with a decisive mandate for growth and...
KPMG Bullish on Investing in India
Moneycontrol.com reports that the global board of KPMG and its global council were in India last week not only to hold their meetings in the country, but also to get a first-hand experience of India as an investment destination. On this occasion, John Veihmeyer, global chairman, KPMG was interviewed on...