India’s Equalisation Levy, US Trade Act and Tax Avoidance Arrangements : An interplay

The US Trade Representative has initiated an investigation into potential tariff and non-tariff barriers arising out of Equalisation Levy imposed by India that is purported to affect “US Exports”. Equalisation Levy (popularly dubbed “Google Tax”) is imposed by India on Advertising and eCommerce companies not having a Permanent Establishment in India and thus avoiding Income…More

Accounting Automation Product – Trial Version 0.1

We are an India based Accounting Automation startup. We have developed an Accounting Automation product which takes away some of the mundane accounting tasks and lets the system and a business’ external trade partners be the trigger for automated data entry and processing into an enterprise’s accounting records / ERP; all still within the your…More

India – Bangladesh – China Trilateral Trade in Textiles & Garments

India enjoys a trade surplus of around 8 billion USD (India exports to Bangladesh of over 9 Billion ISD, India imports from Bangladesh less than 1 billion USD). To compensate Bangladesh for Trade Surplus, India has offered duty-free and quota free entry to Bangladesh goods under the (South Asian Free Trade Area) SAFTA agreement in…More