Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: articles on VAT and GST in India :: VAT RATES :: cpt :: VAT Audit :: empanelment :: Central Excise rule to resale the machines to a new company :: TDS :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: list of goods taxed at 4% :: ACCOUNTING STANDARD :: ARTICLES ON INPUT TAX CREDIT IN VAT :: due date for vat payment :: form 3cd :: TAX RATES - GOODS TAXABLE @ 4% :: ACCOUNTING STANDARDS
 
 
News Headlines »
 8 benefits you must know about this tax-saving mutual fund
 10 most important income-tax changes which will apply from April 1
 Delhi: 54 CAs, company secretaries on radar in I-T crackdown against black money
 10 Income Tax Rules That Will Change From April. See Details Herea
 Looking for last-minute tax planning with Section 80C investments? Here's help
 Aadhaar mandatory for filing income tax return
 Will Aadhaar linkage solve India's income tax woes?
 GST roll out from July 1 will make goods cheaper: Jaitley
 Aadhaar To Be Mandatory For Filing Income Tax Return, PAN Application
 7 best tax-saving solutions which can help you save money
  No proposal to replace Income Tax with Banking Cash Transaction Tax

Chidambaram visiting Germany next month
August, 29th 2007
To address problems facing Indian companies



Mr P. Chidambaram

To allay the industry of its problems relating to trade with Germany, the Finance Minister, Mr P. Chidambaram, is visiting the European country next month.

According to industry sources, the Minister will discuss, among other things, the issue of VAT refund to the Indian companies operating in Germany. Currently, Indian companies in the European country do not get refund of VAT paid by them to the Government.

Other issues include registration problems of medicines exported by India to Germany. Sources say that registration of various dugs is a difficult and time-consuming exercise in Germany. The delay reduces the commercial life of the medicines.

Mr Chidambaram is also expected to take up provisions relating to chemical in goods exported by India. According to industry sources, the guidelines pertaining to chemicals in the products imported by Germany are very stringent and lack transparency.

Visa issue

Another issue that the Minister will discuss with the German authorities will be difficulty in getting visas for the spouses of the Indian workers going to Germany.

Another related issue will be the provision regarding refund of social security contributions by Indian professionals in Germany. Under the current provisions, professionals have to wait for two years after leaving Germany to be able to apply for the refund while the companies are not returned their contributions towards social security.

Mr Chidambaram will be accompanied by delegations from the FICCI and the CII.

His visit will be followed by a visit of Ms Angela Merkel, German Chancellor, to India towards the end of October. The visit from the Indian side will also be a precursor to the German Chancellors visit and will help in identifying the deliverables at the home turf during her visit.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Software Outsourcing Company Offshore Software Outsourcing Software Outsourcing Company India Offshore Outsourcing Company India Software BPO Software Business Process Outsourcing Software Outsourcing India Offsho

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions