Taxability of liaison officers in India

MADAN, SHRUTI

Taxability of liaison officers in India - 2012 - 74-79

Globalisation is the new buzzword that has come to dominate the world since the nineties. Also globalisation has brought in new opportunities to developing countries. The past decade and a half has seen India transforming itself into a very alluring destination for foregin investments. As a part of commencing their foray into India, foreign companies usually establish a Liaison Office in India, for testing the local waters before deciding whether a full fledged business must be established.

TAXATION

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