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Taxability of liaison officers in India

By: Material type: Mixed materialsMixed materialsPublication details: 2012Description: 74-79Subject(s): NLM classification:
  • 336.2
In: CHARTERED ACCOUNTANTMSummary: 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.
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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.

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