FDI IN LIMITED LIABILITY PARTNERSHIPS (LLPs)

LIMITED LIABILITY PARTNERSHIP ACT, 2008 FDI IN LIMITED LIABILITY PARTNERSHIPS (LLPs) – Foreign direct investment (FDI) is an investment made by a company or individual in one country in business interests in another country. It can be in the form of directly establishing new business(greenfield investment) or in the form of acquiring existing businesses (brownfield investment) Under the current FDI Read More …

TAXATION OF LIMITED LIABILITY PARTNERSHIPS (LLP’s)-

TAXATION OF LIMITED LIABILITY PARTNERSHIPS (LLP’s)- With the introduction of LLP Act 2008, LLP’s have come into existence, the government after a lot of discussion with tax guru’s has decided taxation of Limited Liability partnership’s in the following manner LLP will be treated as Partnership firms for the purpose of Income Tax and will be taxed like a partnership firm. Read More …