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Taxation

   
  •  Commercial Taxation
       (a)     Excise Duty    
       (b)     Customs Duty

  • Sales Tax

  • Corporate and Personnel Income Tax

  • Off-shore Tax Planning

  • Company and Partnership Income and Capital gains tax

  • Tax effectiveness of commercial ventures

  • International tax Planning

 

India has a very integrated personnel and corporate tax system. We closely follow all legislative changes and court decisions to provide cost effective advice and assistance to our clients.

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Recent Developments in FDI
In a recent development, the Government of India (“GOI”) has pushed through the move to allow foreign direct investment (“FDI”) in multi-brand retail. This will allow global retail giants like WalMart to set up deep-discount stores in India. However, GOI has allowed state governments to decide whether to allow FDI
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Recent Deals
FoxMandal (FM) is the legal advisor to US based Vornado Realty Trust, one of the largest owners and managers of real estate in USA with respect to its recent 50:50 joint venture worth approximately USD 500 million with Mukesh Ambani led Reliance Industries to set up real estate development projects including malls and shopping centres.
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