Succession is one of the most critical issues encountered by family businesses. Several factors including family dynamics and the emotional connection that family members feel toward their businesses can make addressing succession a complex issue.
Family businesses are the lifeline of any economy. It is estimated that globally family businesses contribute around 70%–90% of the global GDP. India is no exception. Family forms an integral part of Indian culture and businesses. Indians have generally preferred taking the risk of being self-employed rather than taking the safer path of employment with … More Growth of family business in India
Several issues need to be considered for investing in India including foreign direct investment norms, choice of entities, incentives, access to tax treaties, corporate and capital gains tax, transfer pricing and indirect taxes. In recent times, the tax legislation in India has been in the forefront of controversies and is cited as one of the … More How will doing business in India change with GAAR?