India is a very complex market, both in terms of its rules and regulations, procedures, business environment etc. But working in India is becoming more and more necessity for companies wanting to have a global presence. Also, India is a growing market and is showing tremendous growth in its middle class and upper middle class who now have lots of purchasing power. Therefore, for many major brands ignoring India is no longer an option.
Starting business in India is not easy due to lots of complex laws involved as well as the overall complexity of the Indian business environment. There are various laws which are applicable to business in India including both central level laws as well as state-level laws. State-level laws which are applicable are like sales-tax / VAT, octroi, shop and establishment laws etc. The major center level laws which are applicable are income tax act, service tax act, registrar of companies compliances, reserve bank of India / SEBI compliances, provident fund, employee state insurance and other labour law compliances etc.
Also, different types of laws are dealt with by different types of consultants like a chartered accountant is generally dealing with laws related to income tax, registrar of companies compliances, annual accounts and audit etc. a lawyer generally deals with various litigation matters intellectual property right matters etc. they are other fields for which there is no specified consultant like labour laws, customs. Indirect taxes like excise, service tax, sales tax are generally dealt with by both lawyers as well as chartered accountants.
So for starting any new business in India the best way forward is to first engage the relevant consultant i.e. chartered accountants, lawyers etc. they will further guide you regarding how to start the business in India and various legal registrations and compliances to undertake for the same. You can find more information about setting up business in India on this website.
I am writing this article to help people find good Tuition Center in Singapore. Its really difficult to find a reliable tuition center which provides quality tutors and have a good education setup with high quality education material. I visited many tuition centers and find that most of them just act as a middleman between the tutors and the students with no quality process to check the quality of tutors.
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If you ask me their next best tuition programme is science tuition. Their teachers and material are a class apart in science subject as compared to other tuition centers.