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Financial Services |
India has one of the most urbanized financial markets in the developing world. Great scope exists for banking as well as non-banking financial institutions from other countries. Driven by a strong investor interest and an expanding market, the financial services in India are becoming more vibrant. New types of products and services are being offered to meet the needs of the booming economy of India.
The appeal of India in the global financial market is reflected in the Indian cities such as Mumbai, New Delhi and Bangalore. All these cities find a place of pride in the list of the world's top 75 commercial centres, as per the 2008 'Mastercard Worldwide Centres of Commerce Index'. |
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| Taxes : |
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Within the past 10 to 15 years, Indian taxation system has undergone tremendous changes. The tax laws have been simplified and the tax rates have been rationalised for better enforcement and ease of tax payment.
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