Business Climate Index India 2020: The Results
Current business situation and outlook The Indian economy has been severely damaged by Covid-19 and the lockdown. The IMF forecasts negative growth of minus 10.3 per cent for India. This also suffers
Controlling in India: Audits for true costs and effective management of the organization
Flat, respectively unclear hierarchies are unusual in India and can sometimes lead to blatant compliance violations, as Stephan Link reported at the WB India Summit: https://youtu.be/mK4rDBNAIfQ Capturing, & Analyzing Local Processes To
Liquidity planning in India (in times of Corona)
Due to the current economic conditions, outstanding payments in India are often delayed by several months. The Reserve Bank of India advised banks as early as this spring not to pay their customers in arrears.
Trust is good - controlling is better!
This wisdom applies even more than usual in India now. Many Indian subsidiaries are suffering from the Corona crisis, which means that process cost optimization and liquidity planning, for example, are of great importance. Therefore
WBinar: Indian subsidiaries facing 'new normal'
In an online panel discussion, real practitioners from India discussed how to gradually ramp up your Indian subsidiary. The following managing directors of German SMEs reported directly from India and shared their experiences
This is how you ensure the liquidity and solvency of your Indian branch now!
Due to the lockdown, most of the Indian subsidiaries are confronted with collapsing sales and outstanding receivables - with continuing personnel and operating costs. In order to be able to identify any problems, risks and, if necessary, the level of
Indian Ministry of Corporate Affairs (MCA) invites spring cleaning and temporarily exempts late filings of documents & notifications from penalties
Under the Companies Fresh Start Scheme 2020 (CFSS-2020), all Indian companies, till September 30, 2020, will get the (probably one-time) opportunity to file missed returns, documents and forms with the Registrar of Companies (RoC). As per the Legal (aka: Secretarial) Compliance, there will be a result as per the
Labour law measures during the lockdown
The lockdown is paralyzing economic life in India as well. Almost all companies have closed their doors and sent their employees home. As far as possible
Short-time work in India
Over the last few days, we have received numerous questions from companies about the current situation in India. One of the most frequent questions related to the topic of short-time work and whether this will also apply in
