Foreign companies

I-T dept open to reducing withholding tax for companies

I-T dept open to reducing withholding tax for companies

The income tax department is open to lowering the withholding tax rate for foreign companies which have income in India, a senior official said on Wednesday.


Aug 23, 2017, 14:19 PM IST

Trademarks by foreign firms doubled in 2015-16: Report

Trademark applications in the country filed by foreign companies have doubled to 15,670 in 2015-16, reflecting renewed interest in Indian market.

Apr 14, 2017, 16:33 PM IST
RBI issues guidelines for forex hedging by foreign companies

RBI issues guidelines for forex hedging by foreign companies

Reserve Bank of India (RBI) issued draft guidelines on how Indian subsidiaries of multinational companies can hedge their currency exposure risk in the country.

Nov 04, 2016, 18:41 PM IST
China firm boosts self-driving technology with $1 billion overseas deals

China firm boosts self-driving technology with $1 billion overseas deals

A Chinese auto firm said Friday it is buying two foreign companies and their self-driving technologies for more than $1 billion, as the world`s second-largest economy seeks to boost its foothold in the autonomous car market.

Apr 08, 2016, 14:43 PM IST

Sebi allows higher overseas investment by AIFs, VCs

Markets regulator Sebi has allowed Alternative Investment Funds and Venture Capital Funds to invest up to 25 percent of their investible funds in foreign companies having 'Indian connection'.

Oct 01, 2015, 16:23 PM IST
FM Jaitley confident of GST rollout next year

FM Jaitley confident of GST rollout next year

Promising a simple and globally competitive tax regime, Finance Minister Arun Jaitley on Monday said the government is confident of the new GST regime to roll out from the next fiscal and expressed confidence about an early resolution of pending disputes on direct taxes front.


Sep 21, 2015, 11:09 AM IST

'Make in India' taking shape, foreign companies showing interest: FinMin

"Sony, Foxconn and many more. Budget booster in indirect taxes silently working for domestic manufacturing. Make in India taking shape," Revenue Secretary Shaktikanta Das said in a tweet.

Aug 06, 2015, 23:14 PM IST

Cuba allows five more foreign companies to invest in Mariel

Cuba has given the go-ahead for five more foreign companies to set up operations in the Mariel Special Development Zone, a port and trade complex aimed at luring foreign investment, officials said at an international trade symposium in this capital.

May 24, 2015, 02:18 AM IST

Saudi bourse to open to foreign traders for first time

The Saudi stock market will open on June 15 to direct trading by foreign companies for the first time, in a move likely to attract billions of dollars, regulators said Thursday.

Apr 17, 2015, 01:45 AM IST

Foreign companies see turnaround in India: CII Director General

CII Director General Chandrajit Banerjee said the process of clearances in India has been streamlined and predictability has been brought about in taxes, setting the positive tone for foreign investments.

Apr 15, 2015, 11:31 AM IST

Draft NOP: Govt proposes 30% local procurement for foreign cos

Foreign companies selling goods worth over Rs 300 crore to government or PSUs would have to source part of their supplies from domestic manufacturers, according to the new draft National Offset Policy (NOP).

Dec 15, 2014, 21:48 PM IST

Narendra Modi to unveil Make in India initiative on September 25

Prime Minister Narendra Modi will unveil his signature Make in India initiative on September 25 with a raft of proposals designed to get foreign companies to set up shop and make the country a manu

Sep 14, 2014, 18:52 PM IST

Over 3,200 foreign companies operating in India: Govt

As many as 3,254 foreign companies were operating in India till June this year and the National Capital and Maharashtra had maximum number of such firms, Parliament was informed on Friday .

Aug 01, 2014, 16:36 PM IST

No open offer required for inter-se transfer among foreign cos

Foreign companies acquiring stake in a listed Indian firm from a group entity, which are "inter-se transfer" of shares, are exempted from making an open offer to the existing shareholders, according to Sebi.

Jan 24, 2014, 18:16 PM IST

Cabinet may take final call on `control` definition this week

The government is likely to take a final call on the definition of "control" in mergers and acquisitions, especially those involving foreign companies, amid uncertainties over the Rs 2,058 crore Jet-Etihad deal.

Jul 22, 2013, 19:32 PM IST

We don`t need foreign companies: Anna Hazare

India can create adequate employment opportunities for its people and there is no need to invite foreign companies, Anna Hazare said.

Nov 30, 2012, 20:37 PM IST

Foreign companies not needed to revive economy: Hazare

Social activist Anna Hazare on Sunday criticised Prime Minister Manmohan Singh for inviting foreign companies to the country to prop up the economy.

Nov 04, 2012, 22:55 PM IST