Medical tourism is one of the major sectors amongst the trade in services that has been growing significantly the world over particularly with the establishment of General Agreement of Trade in Services (GATS) under WTO. This sector falls under Mode II - known as “Consumption Abroad” of...

The case is about a visionary entrepreneur who diversified his dairy business into related product category i.e., the ice-cream known as “Tasty Ice Cream” and entered into the nascent market of Ahmedabad city. The concept of ice-cream was very innovative at that time and there was only one...

Historically, the Indian textiles and clothing industry has comparative advantage in production and exports which could not be fully utilized because of quantitative restrictions imposed by her major export markets such as USA and European Union. It was therefore, envisaged that with the...

The textiles and clothing sector involves most unskilled labour-intensive activities, requires minimal training but offers the most employment opportunities as compared to any other manufacturing sector. In the area of international trade, exports from this sector have played a very crucial role...

In international business, competitiveness is the crux of success, which means every effort has to be made to reduce the cost of production and marketing. Every single penny saved matters a lot and adds to an exporter's global competitiveness. One such area that needs to be looked into is refund...

China and India are the two major gainers from the removal of quotas on textiles and clothing with phasing out of Multifibre Arrangement (MFA) with effect from Jan. 1, 2005. However, to reap the maximum benefits of the new quota free regime and to sustain the growth in this sector it is...

International transfer pricing controversies and subsequent litigations with taxation authorities have become the major issues in foreign investments and international technology transfers. Disputes between the taxation authorities and MNCs are mounting up as most of the MNCs are now contesting...

The transfer pricing regulations in India came into force in 2001 with their effective audits beginning from the 2003 onwards. The Central Board of Direct Taxation has constituted a special cell for all transfer pricing audits. Over the past four years or so, there has been a significant...