If you don't have a tax identification number, aka a "permanent account number" or PAN, better get it now. Otherwise, be prepared to pay higher taxes.

Foreign companies may find it difficult to issue shares to Indian Depository Receipt (IDR) holders in the event of rights or bonus issue due to procedural hurdles like filing a fresh prospectus and lack of specific guidelines, experts say.

P.T. Jyothi Datta Mumbai, Jan 4 Small outbound acquisitions could be back on the radar for domestic drug companies looking out of India, but it is not yet time for the big-ticket deals, say industry consultants.

New Delhi: Till January 2009, the ministry of corporate affairs (MCA) wasn’t as involved in business activities in the country or considered as important as the ministry of finance, of which it was a part till 2004. Its primary role, as still mentioned on its website, was administering the Companies Act, 1956.

It's almost 10 p.m. on a sleepy Sunday night in thee Sri Lankan capital of Colombo. Street traffic is light. Few pedestrians venture about. On Union Place, however, bustling shoppers push carts through the crowded aisles of Cargills Food City supermarket. Several customers impatiently stack items onto checkout stands.

The government has found strong possibility of fraud in Maytas Infrastructure and Maytas Properties. It has moved Company Law Board to remove the management of Maytas Infrastructure and Maytas Properties.

Majmudar & Co. was established in 1943 and has offices in Mumbai and Bangalore. The firm also has network offices in New Delhi, Chennai and Hyderabad, and gives specialized advice on legal, fiscal and financial matters to companies in the infrastructure, insurance, manufacturing, banking, computer, internet and real property sectors, as well as financial services companies and mutual funds.

India’s population is in excess of 1 billion, and its burgeoning middle class promises a huge market for life-saving and life-style drugs.

Akhil Hirani, Majmudar & Company said the Company Law Board's Satyam move is fairly positive. He is of the view that it is in the larger interest of all the stakeholders because there are a few potential bidders who are quite keen to get on with it and want to move ahead.