We believe in better. InCorp Advisory is becoming Ascentium India. Our new home will be ascentium.com/in.
We believe in better. InCorp Advisory is becoming Ascentium India. Our new home will be ascentium.com/in.
We believe in better. InCorp Advisory is becoming Ascentium India. Our new home will be ascentium.com/in.
We believe in better. InCorp Advisory is becoming Ascentium India. Our new home will be ascentium.com/in.

Family Investment Fund in GIFT City IFSC

Family investment fund (FIF) in the International Financial Service Centre (IFSC) would refer to self-managed fund established by single family that operate within the regulatory framework and infrastructure provided by an IFSC. GIFT IFSC is set-up in Gandhinagar, Gujarat to undertake financial services transactions that are currently carried on outside India by overseas financial institutions […]

BRSR Core: Enabling BRSR Assurance and Value Chain Disclosures

To keep pace with the global momentum in ESG disclosures, there is a gradual yet pragmatic push by the Government of India for the adoption of responsible and sustainable business practices. The disclosure boundary on sustainable performance by corporates is thus steadily growing. The erstwhile BRR gradually culminated into BRSR to incorporate the current global […]

Refund of GST Paid Under RCM on Ocean Freight

Refund of GST Paid Under RCM on Ocean Freight

The Reverse Charge Mechanism (RCM) is a system of taxation where the liability to pay tax is shifted from the supplier of goods or services to the recipient of such goods or services. In a regular taxation system, the supplier is responsible for collecting and remitting the tax to the government. However, under RCM, the […]

GST On Renting Of Motor Vehicles For Transportation Of Employees

GST On Renting of Motor Vehicles For Transportation Of Employees

Companies spend a lot on local and inter-state traveling by hiring motor vehicles to attend business meetings, conferences, etc. Further, manufacturing companies are generally located at remote locations and provide transport facilities to their employees. In this article, we discuss the GST Implications on Renting of Motor Vehicles for the Transportation of Employees. Services provided by  Buses, […]

Navigating the Legal Requirements of Setting up Business in GIFT

Setting up a business in GIFT City IFSC offers entrepreneurs the benefit of operating within a specialized financial hub with attractive incentives. However, it is crucial to have a thorough awareness of the legal framework and adhere to the relevant standards to achieve a successful and compliance setup. Entrepreneurs can maximise the advantages of GIFT […]

A Step-By-Step Guide to Incorporating your Business in GIFT City IFSC

With the rise of globalization and the growing importance of international finance, setting up a business in a well-established and business-friendly environment has become crucial. The Gujarat International Finance Tec-City (GIFT City), located in Gujarat, India, has emerged as a prime destination for businesses looking to tap into the country’s financial markets. In order to […]

Benefits of Setting up a Business Entity at GIFT City

Benefits for Stock Brokers Registered in IFSC GIFT City

The Government of India (GoI) had launched India’s first International Financial Service Centre (IFSC) in Gujarat at GIFT City in April 2015. With the launch of the IFSC at GIFT City, the GoI had taken the first step to bring financial services transactions which are relatable to India, back to India. International Financial Services Centre […]

Assignment of Leasehold Rights on Land – Critical analysis

Leasehold rights on land play a crucial role in various real estate transactions and business operations. Many units are set up on leasehold land provided by state industrial development corporation. <h1id=”What-is-Assignment-of-Leasehold-Rights”>What Is Assignment Of Leasehold Rights? The assignment of leasehold rights on land refers to the transfer of the leasehold interest or rights from one […]

Your Guide For Trademark Registration Process In India

Creating a brand requires consistent effort and hard work. In today’s competitive market, it’s challenging to make your products or services stand out from the crowd. To ensure the success of your business, you must create a distinct identity for your product or service. How can you achieve this distinct identity? By registering for a Trademark! […]

Insurance Intermediaries in GIFT City IFSC: Eligibility & Activities

Insurance Intermediaries in GIFT City IFSC: Eligibility & Activities

Insurance intermediaries, including agents, brokers, and other entities, facilitate the insurance process between insurers and customers. In GIFT City IFSC (International Financial Services Centre), these intermediaries are regulated by the International Financial Services Centre Authorities (IFSCA) and adhere to stringent guidelines to ensure customer transparency, safety, and security. This article will delve into the significance […]

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