August 24, 2011 in Articles by aloksinha

Wealth tax proposals under DTC for NRIs returning to India

The Direct Tax Code (‘DTC’) Bill, 2010 is proposed to come into force from April 01, 2012. This bill is yet to be passed by the Parliament and may therefore have further changes before being enacted into law. While retaining the wealth tax rate at 1%, the DTC proposes to increase the non-taxable threshold of [...]

August 5, 2011 in Articles by aloksinha

India – The Shining Star

While concluding his Budget speech of 1991-92, Dr. Manmohan Singh, the then Finance Minister said: “….. Let the whole world hear it loud and clear. India is now wide awake. We shall prevail. We shall overcome.” And, the veteran minister after 10 years of continuous efforts attained what he had said. India showed its ever [...]

August 3, 2011 in Articles by aloksinha

Joint venture / Foreign Collaborations Certain issues

With the liberalization of Indian Economy, number of Joint ventures and Foreign collaborations  were entered into during last fifteen years . Looking at the potential in the India Economy and opportunities available to foreign companies and Investors to join hands with Indians, it would be appropriate to understand the various issues involved in  JV/ FC [...]

August 3, 2011 in Articles by aloksinha

Project Finance

Project finance is a method of financing very large capital intensive projects, with long gestation period, where the lenders rely on the assets created for the project as security and the cash flow generated by the project as source of funds for repaying their dues. Simply put, project finance is essentially financing on the security [...]

March 3, 2011 in Articles by admin

Education and the Diasporic community

Times have changed. And, India too is changing at a meteoric pace in every area of the nation’s endeavor. So, India’s economy is also booming. With bagsful of dollars and eyes glued on fast emerging vast opportunities to spin quick buck, foreigners are jetting to India’s least developed, underdeveloped or developing cities and small towns [...]

March 3, 2011 in Articles by admin

The Buzzing Bee

India has surfaced out to be one of the most promising and potential investment destinations for NRIs and our Indian Diaspora is taking a fresh look at putting in their finance. However, it’s more than just a business alliance for Indian Diaspora across seven seas; it’s like dedicating tribute to the country where their heart [...]

March 3, 2011 in Articles by admin

Bollywood – Gateway to NRI investment

What’s common between Amitabh Bachchan and Bollywood? Well, both are ever evolving and on the wittier side, both can be nicknamed as BIG ‘B’. Indian film industry has emerged out to be a major intriguing portal for NRI investors. Bollywood is believed to be a mushrooming magnet for Indian Diaspora, films for whom are as [...]

March 3, 2011 in Articles by admin

India – A Unique Educational Global Power

Knowledge is universal. Knowledge is power. Knowledge is no one person’s, no one institution’s or one nation’s monopoly. And, to say that knowledge is concentrated in one place, or amongst one people, is an erroneous thought. Anyone can seek knowledge from anywhere, any time. It’s also an established fact and accepted one all over the [...]

March 3, 2011 in Articles by admin

NRI Investment in India – Homecoming With a Purpose

It is indeed welcome news for the Indian economy, and especially investors that the country has been ranked the 10th largest economy in the world and the fourth largest in terms of purchasing power parity (PPP). It would be little exaggeration to say that India has emerged as a potential destination for NRI investment. The [...]

March 3, 2011 in Articles by admin

Blossoming Asset

Due to its changing aura on international front and the economy being on the healthy side, the Indian real-estate sector has been a worthy option for non resident Indians (NRIs) to invest in. In fact many opportunities are being created as well as schemes being formed for them to maximize investments from abroad. BOOSTING UP [...]