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A panel of Indian lawmakers has proposed allowing companies registered abroad to transfer their registration to an International Financial Services Centre in India. The measure would create a formal route for overseas firms to redomicile domestically.
7:12 AMBloomberg MarketsSummary
A panel of Indian lawmakers has proposed allowing companies registered abroad to transfer their registration to an International Financial Services Centre in India. The measure would create a formal route for overseas firms to redomicile domestically.
The proposal would make India more competitive as a corporate and financial domicile by reducing
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India is testing a policy route to bring corporate control and financial activity back under its jurisdiction.
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