InCorp Global Wins Sustainability Champion Award at PrimeGlobal’s Golden Globes

The award recognises the innovative initiatives undertaken by InCorp Global to integrate ESG practices into its business operations, contributing to positive social impact and a more environmentally conscious future. In picture – Left to right: George Guo, Executive Director, AsiaPacific, PrimeGlobal; Wendy Wang, Group CEO, InCorp Global and Steve Heathcote, CEO, PrimeGlobal Singapore and Mumbai, […]

Registering a Will in India: Know about Securing Your Legacy

Planning for the future is essential to ensure the safety and security of your family. One of the most effective ways to achieve this is by creating a Will. A Will is a crucial legal document that outlines your wishes regarding the distribution of your assets and the care of any minor children after your […]

Will vs Family Trust: What’s The Difference?

This pandemic has taught us to be better prepared for the unseen future. An efficient succession plan addresses current needs and assesses possible tools after considering your specific situations, objectives, and circumstances. The most popular tools when creating a succession plan are Will and Family Trust. Now you may wonder, ‘If you need a Will or […]

InCorp Accelerates Growth with Acquisition by Hillhouse

Singapore, 8 Feb 2024 – InCorp Global (“InCorp”), a leading provider of corporate solutions and business advisory in the Asia Pacific (APAC) region, today announced its acquisition by Hillhouse Investment (“Hillhouse”), a global alternative investment firm. This strategic move will enable InCorp to further accelerate growth, expand service capabilities and capitalise on new acquisition opportunities in both APAC […]

Company Liquidation Process in India Under IBC

Company Liquidation Process in India Under IBC

If you are a stakeholder of a Company contemplating liquidation, it is important to understand the company liquidation process in India under IBC. What Is Company Liquidation? Company Liquidation is a process rather than a term. Liquidation is the procedure under which a company is wound up. Company Liquidation under IBC may be 1. Voluntary (where the […]

Chandrakant Gogri’s Family Office Leads $4 Million Series A Investment In Prozeal Infra

Prozeal Infra, one of India’s fastest growing Solar EPC companies, has an orderbook of over INR 1,000 crore ($120 Million), and expects FY25 revenue to surpass INR 1,500 crore ($187.5 Million) 04th April 2023, Ahmedabad (India): Prozeal Infra Engineering Pvt. Ltd. has announced their first round of funding led by Chandrakant Gogri’s family office arm – […]

Income Tax Rule 11UACA: Complete Overview of the Latest Update

The Central Board of Direct Taxes (CBDT) vide notification no 61/2023/F. No. 370142/28/2023-TPL dated August 16, 2021, has notified Rule 11UACA of Income-tax Rules 1962 (the Rules) for computation of Income chargeable under Income from Other Sources per section 56(2)(xiii) of the Income-tax Act 1961 (the Act).  Background Finance Act 2023 inserted section 56(2)(xiii) of […]

Refund of GST Paid Under RCM on Ocean Freight

Refund of GST Paid Under RCM on Ocean Freight

The Reverse Charge Mechanism (RCM) is a system of taxation where the liability to pay tax is shifted from the supplier of goods or services to the recipient of such goods or services. In a regular taxation system, the supplier is responsible for collecting and remitting the tax to the government. However, under RCM, the […]

A Step-By-Step Guide to Incorporating your Business in GIFT City IFSC

With the rise of globalization and the growing importance of international finance, setting up a business in a well-established and business-friendly environment has become crucial. The Gujarat International Finance Tec-City (GIFT City), located in Gujarat, India, has emerged as a prime destination for businesses looking to tap into the country’s financial markets. In order to […]

Benefits of Setting up a Business Entity at GIFT City

Benefits for Stock Brokers Registered in IFSC GIFT City

The Government of India (GoI) had launched India’s first International Financial Service Centre (IFSC) in Gujarat at GIFT City in April 2015. With the launch of the IFSC at GIFT City, the GoI had taken the first step to bring financial services transactions which are relatable to India, back to India. International Financial Services Centre […]

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