InCorp Advisory 
Mumbai: InCorp Advisory, a leading professional services firm in India, has announced its role in the acquisition of 76% shares of J K Shah Education by Veranda Learning Solutions (NSE: VERANDA) for INR 337.8 Crore (Approx. USD 41 Million). InCorp Advisory was the sell-side advisor for this transaction. J K Shah Education is the largest CA coaching institute in India with […]
Companies spend a lot on local and inter-state traveling by hiring motor vehicles to attend business meetings, conferences, etc. Further, manufacturing companies are generally located at remote locations and provide transport facilities to their employees. In this article, we discuss the GST Implications on Renting of Motor Vehicles for the Transportation of Employees. Services provided by Buses, […]
Creating a brand requires consistent effort and hard work. In today’s competitive market, it’s challenging to make your products or services stand out from the crowd. To ensure the success of your business, you must create a distinct identity for your product or service. How can you achieve this distinct identity? By registering for a Trademark! […]
Indian sectors, such as agriculture, industry, manufacturing or service, have been considerably impacted by the GST (Goods and Services Tax) reform. GST is one of the most significant tax reforms in Indian history. In this article, we discuss GST, its advantages, and the process of GST registration. The Indian government passed the Goods and Service Tax (GST) […]
Gujarat International Finance Tec-City (GIFT City) is a planned business district in Gujarat, India. It is the new business destination offering competitive edge to Financial services and Technology related activities. This blog covers GIFT city’s structure, permissible services, and tax benefits. What is GIFT City? GIFT City is a multi-service Special Economic Zone (SEZ) with […]
As per the latest statistics made available by the Ministry of New and Renewable Energy (MNRE), India has a total installed renewable energy capacity of 103.05 Gigawatt as of 31st October 2021. Ministry themselves have set an ambitious target of expanding the capacity to 175-Gigawatt capacity by 2022. Prime Minister Narendra Modi has set the national […]
Goods and Services Tax GST applies to all service providers, retailers, wholesalers, and producers who are doing business in India. The registration of any business organization under the GST law is done under two categories as below: Normal scheme registration Composite Scheme registration In this blog, we will look at eligibility, benefits, disadvantages and compliances involved under […]
CARO 2020 is an amended audit report format for statutory audits of Companies covered under the Companies Act, 2013. CARO 2020 now includes additional reporting obligations after consultations with the National Financial Reporting Authority (NFRA). The goal of CARO 2020 is to improve the overall quality of audit reporting. In this article, we discuss the […]
In January 2017, India’s first international exchange was launched in the International Financial Service Centre (IFSC) in Gift City. This exchange includes trading across all asset classes such as equities, currencies, commodities, and fixed-income securities. Securities can be dealt with in the exchanges operating in the IFSC with a specified trading lot size on their […]
The Finance Bill, 2015 introduced the concept “Place of Effective Management” (POEM) to determine foreign companies’ residential status. This resulted in an amendment in the Income Tax Act, the word “control and management” was replaced with “POEM.” Accordingly, Indian companies started setting-up subsidiaries in tax havens jurisdictions and vested superficial control of their international operations to continue […]
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