The Indian economy—fueled by a population exceeding one billion, with more than 300 million of them in the middle class—has been growing at nearly 7%. Economists believe India will one day overtake the U.S. to become the second largest economy in the world after China.
So, Bloomberg BNA will host a live conference, India: Legal, Tax & Financial Update, April 25-26 in New York City, that will provide anyone currently doing business in India or considering investing in India with advice including business opportunities in India.[ Also Read: 10 Simple Reasons I Love My Country India ]
“India continues to attract foreign direct investment with interest moving from software & IT into manufacturing, consumer products, health care, high tech, and defense sectors,” notes Robert Ross, program director at Bloomberg BNA | Cite. “Notwithstanding the opportunities, India is a tough place to do business and challenges exist, including corruption, backups in the court system, infrastructure shortages, complex and ever-changing tax laws and compliance requirements, shortages of qualified skilled professionals, and need for adequate public education.”[ Also Read: How MMS becomes the Prime Minister ]
The impact of Indian tax law on U.S. companies operating in India or looking to invest in India will be covered from many points of view. Attendees will also examine how the Indian legal and regulatory systems work and compare Indian and U.S. tax and accounting, identifying the differences and how they will affect a business.[ Also Read: 10 Reasons I Like Indian TV Shows ]
Various sessions will address initial considerations for setting up a business in India—economic trends and forecasts, political developments, key regulations, and involved government agencies—and actual operating issues, including human resource and employment issues, legal and tax aspects of using intellectual property in India, and the latest legal and regulatory developments and investment opportunities in key sectors in the Indian market.[ Also Read: Is it the Death of Democracy in India? ]
Bloomberg BNA, a wholly owned subsidiary of Bloomberg, is a leading source of legal, regulatory, and business information for professionals. Its network of more than 2,500 reporters, correspondents, and leading practitioners delivers expert analysis, news, practice tools, etc. to professionals.