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Tag: India


Union Budget 2015 : The details

As the finance minister rose to present his budget speech the expectations of corporate India rose with him. Many expected this budget to be a big bang move towards reforms …

The first steps to Make in India

As advisors to global businesses in India and as contentious citizens of this wonderful country, we at Arkay & Arkay stand firmly behind “make in India” the government’s initiative to …

Person of Indian Origin (PIO) Rules Amended

Following the promises made by the honorable Prime Minister, the Ministry for Home Affairs (MHA) has notified two fundamental changes to the PIO card regime. The new scheme shall be …

Sometimes Google does not have all the answers…

It is an inevitability, you wish to find something and you “Google it”. Google is the proverbial know it all, so much so as the more pedantic ones among us …

Uber effects? : RBI cracks down on use of foreign payment gateways

The Reserve bank of India (“RBI”) through a notification issued yesterday (22nd August 2014) has come down strongly on the use of India based credit cards for purchase of goods …