Ezybiz India

Foreign company registration in India   Every year, thousands of multinational corporations set up their business in India since over the years; India has become one of the most sought after destination for doing business. It is 7 th largest economies in the world and also one of the most developing economies of the world.   Well, there are many factors which have encouraged the recent surge in foreign company registration in India .   In this write up, we will touch base upon some of the factors which have resulted in more and more foreign company registration in India in recent years.   a)     World’s largest democracy   India is the world’s biggest democracy which guarantees a stable political environment and an friendly business atmosphere with proper law and order in place where trade and business can flourish freely without any fear, unlike other forms of governance where instability may creeps on every now and then or where globalized trade is not possible

  Income Tax Return   The Financial year 2021-22 has just ended and now the due date for filing Income Tax return for FY 2021-22 is fast approaching.   Income tax return filing in India is an annual exercise which every tax payers need to do as per his or her legal as well as moral duties.   Every year, Central Board of Direct Taxes notifies Income Tax Return filing forms for different categories of tax payers. For FY 2021-22 also, the CBDT has notified the relevant forms. There are total 7 forms prescribed depending upon the types of assessee. It is very important for the assessee to choose the correct Income Tax return form as filing return in wrong form may lead to the tax return filing being invalid.   Compulsory filing of Income Tax Return in India   There are 2 criteria for compulsory filing of Income Tax Return. Fist is financial criteria and second is non financial criteria. Every assessee needs to file their Income tax return in India in case their total