Tag: income tax notes

Imports and exports are considered to be two important components of foreign trade. Foreign trade refers to nothing but the exchange of the goods and …

The Foreign Investment Promotion Board (FIPB) was a national agency under the Government of India that offered a single window clearance for FDI applications which did not …

Ease of doing business in India. This is probably one of the biggest stumbling blocks India faces in attracting FDI. The bureaucracy, corruption, labour and …

A special economic zone (SEZ) is an area in which business and trade laws are different from the rest of the country. SEZs are located …

The Industries (Development and Regulation) Act, (IDRA), came into force from 8th May 1952 under a notification of the Central Government published in the Gazette …

Multimodal transport (also known as combined transport) is the transportation of goods under a single contract, but performed with at least two different modes of …

One of the most important subjects in international trade is drafting international commercial contracts. International commercial contracts include 3 expressions: contract, commercial, and international. Contract …

An arbitral award refers to the decision of an arbitral tribunal, whether in a domestic or international arbitration, including any interim awards thereunder. In India, …

History The lex mercatoria was originally a body of rules and principles laid down by merchants to regulate their dealings. It consisted of rules and …

The ‘Arbitration and Conciliation Act 1996’ is an Act that regulates domestic arbitration in India. It was amended in 2015 and further ammendment passed in …