Author: Anushka Mishra

The recent announcement by the US president Donald Trump regarding additional tariffs on imports from Canada, Mexico and China marks a significant shift in US policy. Framing the move under national emergency under the International Emergency Economic Powers Act (IEEPA), Trump aims to curb illegal immigration and drug trafficking, particularly fentanyl. The policy introduces 25% tariffs on imports from Canada and Mexico, a 10% tariff on energy resources from Canada, and a 10% tariff on Chinese imports. This aggressive stance is expected to have wide-reaching economic and geopolitical implications, particularly for global trade dynamics. Trump’s New Tariff Strategy: Consequence and Opportunities for India— amid these changes, India finds itself in a unique position to capitalize on emerging opportunities while navigating the shifting landscape. Economic and political consequences Trump’s tariffs strategy is expected to have both immediate and long-term repercussions. The immediate economic is likely to be felt in North America where increased tariffs will on cost business reliant on imports from Canada and Mexico. For China additional tariffs, could further strain US- China relations, adding pressure to already fragile global economy. Additionally, the move underscore Trumps boarder political agenda, emphasizing broader security and national sovereignty. While it may resonate with his voter base, it also risks the straining diplomatic ties with key trading partners. Canada and Mexico, both have a significant economic reliance on US trade, might retaliate with countermeasures, escalating grade tensions. Similarly, China may respond with its own tariffs or regulatory actions, exacerbating global supply chain disruptions. India’s emerging opportunities While the new tariffs may disrupt the global trade flows, they also present a strategic window of opportunity for India. As the US seeks alternative supply chain to mitigate reliance on China, India can position itself as a trading partner. Here is how the India can benefit: Challenges and risks for India While opportunities exist, India must also navigate potential challenges: Conclusion Trump’s tariff strategy, while primary aimed at addressing domestic security concerns, will have far- reaching economic consequences. The protectionist measures may reshape global trade, providing India with a golden opportunity to enhance its export presence and attract foreign investment. However, to maximize these benefits, India must proactively strengthen its manufacturing base, improve ease of doing business, and position itself as a viable alternative in global supply chains. With the right policies in place, India can turn this evolving trade landscape into a catalyst for its economic growth and global positioning. juris consultants Anushka Mishrawww.jurisconsultants.in

Tax-free benefits and 100% ownership in a top business hub make all the difference for entrepreneurs. Businesses flourish in environments that cater to both entrepreneurs and investors. However, certain critical factors like high taxation and partial ownership can cause significant concerns. Excessive taxes can drain resources, while partial ownership risks losing control. In this blog, we’ll explore some of the world’s most conducive business hubs, known for their favorable taxation policies and full ownership opportunities. According to Analytrix, a Saudi Arabia based business consultancy, the best countries to set up businesses in 2024 are USA, UAE , Singapore, Ireland etc. These countries stand out as prime destinations for businesses looking to expand or establish a foundation. Let’s dive into these countries one by one. Ireland: A Gateway to Europe Ireland has positioned itself as a hub of international businesses. Particularly in tech and pharmaceutical sectors. Its corporate tax rate is one of the lowest in Europe at 12.5% and has attracted global giants like Google and Facebook. Moreover Ireland provides 0% tax on certain revenues derived from patent and intellectual property such as computer programs under its knowledge department box initiative. such properties qualify for a deduction equal to 20% of theri qualifying profits, effectively taxing the profits at the rate of 10%. In terms of ownership it provides 100% ownership to businesses making it an ideal destination for startups and established firms alike. The country’s access to the European single market is a significant advantage allowing businesses to trade freely within the EU. USA; A Land of Opportunities The US remains a top choice for entrepreneurs, thanks to its vast market and robust legal framework. While the federal corporate tax rate is 21% individual states offer varying incentives. For instance, states like Wyoming, South Dakota and Nevada impose no corporate income tax making them attractive for new businesses. Ownership in the US is straightforward, with no restrictions on foreign ownership. Businesses enjoy 100% ownership and access to a diverse consumer base. However the administrative processes and regulatory requirements may be a little complicated as compared with other jurisdictions. UAE: A Tax-free haven Free zones are the dedicated areas in UAE, where a person who is willing to start his business can do it without much trouble and hassle. Setting up a business in their free zones is super easy with less compliances and more profits. In simple words, free zones are the economic areas, specially set up by the government to attract companies and investors in the UAE. UAE free zones follow low tax policy offering exemptions from corporate taxes, value added taxes and customs, making them highly attractive to customers. As far as ownership is concerned free zones allow 100% foreign ownership. Businesses don’t need a local Emirati sponsor and will have full ownership of your business. Singapore: Asia’s Financial Hub Singapore relentlessly ranked as one of the best countries to set up a business. Its corporate tax rate is 17% with partial tax exemptions. Startups enjoy a 75% tax exemption on their first 100,000 SGD (Singapore dollars) of changeable income for the first three years. Additionally there is no tax on capital gains or dividends. Singapore also provides 100% foreign ownership across most industries allowing entrepreneurs to have full control on their ventures. The regulatory frameworks in Singapore are transparent and business friendly. Conclusion  Choosing the right country to start or expand your business requires a careful evaluation of tax policies, ownership rights and market accessibility. Ireland offers low corporate taxes and seamless access to the EU. Making it a strong contender for businesses targeting European markets. The US with its diverse economy and state level incentives, provides immense opportunities but requires navigating a complex regulatory environment. The UAE’s tax-free zones and strategic location makes it ideal for businesses looking to tap to the global market with minimum tax burdens. Meanwhile Singapore’s competitive tax rates and strategic access to Asia make it an unbeatable choice for entrepreneurs targeting fast growing economies. By leveraging the benefits offered by these thriving business hubs, you will not only enjoy tax savings and full ownership of your ownership of your company but also position your business for sustained growth and success in today’s competitive landscape. Tax-free benefits and 100% ownership in a top business hub Anushka Mishrawww.jurisconsultants.in

Indian-Owned Business Wins $2B Federal EV Charging Deal as an Indian American-owned business secures a major federal contract to expand EV charging infrastructure across the US. This milestone reflects the increasing focus on sustainability, inclusivity, and the economic development of Native American communities. As the US government ramps up efforts to achieve its clean energy goals, this deal represents a significant step toward building a robust and accessible EV charging network while fostering opportunities for underrepresented groups. The Deal : A Landmark Achievement The $2 billion contract, awarded by the US Department of Transportation, underscores the government’s commitment to advancing EV adoption through strategic investments in infrastructure. The partnership aims to install thousands of EV charging stations nationwide, prioritizing underserved regions and major transportation corridors. This project is a part of a broader initiative under the Bipartisan infrastructure law, which allocates $7.5 billion to EV charging networks to support the administration’s target of 500,000 public charges by 2030. This deal also highlights the growing presence of native American businesses in sectors historically dominated by large corporations. By securing this contract, the business not only contributes to the clean energy transactions but also strengthens its position as a key player in the renewable energy industry. Empowering Native American Communities The partnership’s significance extends beyond the environmental impact; it also promotes economic development in native American communities. The $2  billion investment will create thousands of jobs, including opportunities for engineers, technicians and construction workers from tribal areas. By involving native talent in high growth industries like renewable energy, this project fosters skills development and long-term economic stability. Furthermore, the businesses’ success serves as an inspiration for other native owned enterprises. It demonstrates the potential of leveraging cultural and community strengths to compete on a national scale. Additionally, reinvesting profits into tribal education, health care and infrastructure ensures that the economic benefits extend to future generations. Driving Sustainability  As the world grapples with climate change, transitioning to electric mobility has become a cornerstone of global efforts to reduce carbon emissions. This EV charging Network will significantly contribute to decarbonizing the transportation sector, which accounts for approximately 27% of US greenhouse gas emissions. The project emphasizes the development of fast charging stations powered by renewable energy sources. By integrating solar panels and wind energy, theses stations align with broader sustainability goals. Moreover, the initiative will bridge the charging infrastructure gap in rural and underserved areas, ensuring equitable access to clean transportation options. Overcoming Challenges  While the project promises substantial benefits, it is not without challenge. Building a nationwide EV charging network involves logistical complexities, including securing land permits, ensuring grid readiness, and addressing supply chain constraints. Additionally, promoting EV adoption in rural areas requires educating communities about the benefits of electric mobility and addressing concerns such as range anxiety. The federal government’s collaboration with a native owned business demonstrates a commitment to overcoming these challenges through innovative solutions and stakeholder engagement. By leveraging local knowledge and expertise, the project aims to ensure smooth implementation and widespread acceptance. Conclusion  The $2 billion federal EV charging deal awarded to an Indian American owned business marks a pivotal moment in the intersection of clean energy, inclusivity, and economic development. This initiative not only accelerates the nation’s transition to sustainable transportation but also empowers native American communities through job creation and economic growth. As the US strives to achieve its clean energy targets, collaborations like this set a powerful precedent for fostering diversity and innovation in critical industries. By investing in infrastructure that benefits both the environment and the underrepresented communities, this partnership exemplifies a holistic approach to building a suitable and inclusive future. http://www.jurisconsultants.in Indian-Owned Business Wins $2B Federal EV Charging Deal Anushka Mishrawww.jurisconsultants.in

In today’s highly competitive and dynamic business environment it’s quite essential to stay relevant to gain a competitive edge. Whether you are a budding entrepreneur or an established business you need to identify the contemporary trends to stay in the market. Competitive advantage does not mean only just being better but also being different in your way. This guide shall delve you into the guidelines which are required to be followed to gain a competitive advantage in your industry.  Gaining a competitive edge in a market is not a child’s play but is also not a herculean task. with the right approach . You need to strategize your moves to capture the market.   Consider adopting these impactful strategies –  Innovation and technological development drives competition. To gain a competitive edge, there are several things which one needs to keep a note of. Sometimes businesses are running behind because they fail to comprehend the dynamics of the business environment or fail to reach out to their potential clients. This culminates in shutting down their business. Following things are things which you need to take care of –  Apple and apple products have made a huge customer base in and outside India. This was made possible primarily because of the strategic product differentiation.  This is mainly done by innovative design, brand imaging and perception, strict quality control, and most importantly Apple invests huge sums in research and development. This enables them to consistently improve the existing technology and introduce new technology in the market which helps them to stay ahead of their competitors. Elon Musk’s company Tesla has gained competitive advantage fundamentally through its persistent innovation especially in electric vehicle technology, battery development and autonomous driving. Coupled with direct sales model and branding imaging and marketing. On the other hand, Nokia who was once immensely popular worldwide failed to achieve competitive advantage. It failed essentially due to its slow adoption to the smartphone resolution. This was coupled with poor marketing and branding, lack of innovation, poor leadership and failed to realize customers changing preferences.  On the other side, its competitors like Apple with iOS and android based phones were quick to adopt and rapidly gained market share. Conclusion Achieving competitive adage in your industry requires a strategic planning blend with continuous learning, innovation, research & development with an aim to deliver value to the customers. By sharpening your strengths and working upon your weaknesses, you can capture the market and position yourself ahead of competitors. http://www.jurisconsultants.in Anushka Mishrawww.jurisconsultants.in

Easy Ways to Handle Returns and Refunds Without Losing Customers Maintaining a loyal customer base for an e-commerce website can be challenging, especially when it comes to handling returns and refunds. However, with the right strategies, you can turn these situations into opportunities to build trust and loyalty. In this blog, we’ll explore easy ways to handle returns and refunds while keeping your customers happy and coming back for more. Easy Ways to Handle Returns and Refunds 1. Create a Clear and Concise Return Policy A well-defined return policy is the foundation of a seamless returns process. Make sure your policy is easy to understand and leaves no room for confusion. Include details such as: By being transparent, you reduce ambiguity and build trust with your customers. 2. Offer a Generous Return Window Give your customers enough time to decide if they want to keep their purchase. A 30-day return policy is a popular choice, as it provides a reasonable window for customers to evaluate their order. A generous return window shows that you value their satisfaction and are confident in your products. 3. Make Your Return Policy Easy to Find Place your return policy in conspicuous areas of your website, such as the footer, product pages, and checkout page. You can also include a link to your return policy in the order confirmation email and on the packaging slip. The easier it is for customers to find your policy, the less friction they’ll experience during the returns process. 4. Provide an Exchange Option Before a customer decides to return a product, offer them the option to exchange it for a different size, color, or item. Exchanges can often resolve the issue without losing the sale entirely. Highlight this option in your return policy and during the returns process to encourage customers to consider it. 5. Handle Returns Promptly Once a customer initiates a return, act quickly. Prompt handling shows that you respect their time and value their business. Use automated systems to streamline the process, such as generating return labels instantly and providing clear instructions for returning the item. 6. Process Refunds Quickly After the returned item is received, initiate the refund within 24-48 hours. A fast refund process reassures customers that their money will be returned promptly. Delays in refunds can lead to frustration and damage your reputation. 7. Keep Customers Informed Communication is key during the returns process. Send timely updates via email or SMS to keep customers informed about the status of their return or refund. For example: Clear communication reduces anxiety and builds trust. 8. Train Your Customer Support Team Ensure your customer support team is well-trained in your return policy and equipped to handle inquiries efficiently. They should be able to provide consistent and accurate information to customers and resolve any issues or disputes professionally. A knowledgeable and empathetic support team can turn a negative experience into a positive one. 9. Use Returns as an Opportunity for Feedback Returns are a valuable source of customer feedback. When a customer initiates a return, ask them for feedback on why they’re returning the product. Use this information to identify areas for improvement, such as product quality, sizing, or descriptions. Addressing these issues can reduce future returns and improve customer satisfaction. 10. Turn Returns into Marketing Opportunities Returns don’t have to be a negative experience. Use them as an opportunity to build customer loyalty. For example: Conclusion Handling returns and refunds effectively is crucial for maintaining a loyal customer base in e-commerce. By creating a customer-centric return policy, offering generous return windows, and providing exceptional support, you can turn potential losses into opportunities for growth. Remember, a seamless returns process not only retains customers but also builds trust and loyalty, ensuring long-term success for your business. Call-to-Action (CTA) Ready to streamline your returns process and boost customer satisfaction? Explore our customer-friendly return policy today or contact our support team for any questions. Let’s make every return a positive experience! www.jurisconsultants.in Anushka Mishrawww.jurisconsultants.in

Nations across the globe are competing to bring in more investors to turbocharger their economies and unlock new opportunities for growth. One such country is UAE which provides you an area called the ‘free zone’ where you get to explore the opportunities for your business setups. Free zones are the powerful gateways, offering unparalleled opportunities which can drive seamless growth for your business. These zones create an ideal environment for the business to thrive and flourish. Let’s dive into the opportunities that are there in these free zones and give you an overall perspective of starting a business in the UAE.  What are free zones? Free zones are the dedicated areas in UAE, where a person who is willing to start his business can do it without much trouble and hassle. Setting up a business in their free zones is super easy with less compliances and more profits. In simple words, free zones are the economic areas, specially set up by the government to attract companies and investors in the UAE.  Unique advantages of the free zones  Following are the advantages that you will get if you wish to establish your business in these free zones –  Now, you need a license to kick start your business. For operating a business in free zone areas, you need a license issued by the government. A license is required because this will legally authorize you to set up your business in UAE and to avail all the privileges provided by the government. Following are the types of licenses granted and the opportunities which they provide–  Conclusion  The diverse license provided by the government which acts as a gateway of unlocking opportunities for entrepreneurs and businesses. Whether it is outsourcing, operations, media, these zones offer tax exemptions, 100% repatriation, 100% ownership giving an extra edge to your business. With this, UAE Free Zones have established themselves as global hubs for business excellence, empowering organizations to thrive in a competitive international market. Embrace and explore the privileges of these dynamic zones to unlock your business’s full potential and achieve lasting success. Anushka Mishrawww.jurisconsultants.in

In today’s world, technology is evolving and so are the people. People are now shifting from the traditional mode of business to online mode; expanding the business scale to the global level. Such an approach not only enhances the revenue generation but also establishes a strong brand presence abroad. World is moving so fast that it has removed all the geographically  barriers. For this, one needs to navigate all the potential measures to achieve a seamless economic growth globally. This blog explores all the potential measures that will leverage a robust economic growth globally. What are global e-commerce trends? The world is moving fast and so are the trends. The trends set up by some of the key players of the ecommerce industry is the most common followed trend and is followed widely by small and new businesses also. Following are the tends stood up –  Apart from this, there are some things which must be taken care of. Sometimes ignorance of small things may be fatal for the business. Following things must be taken care of  –  Conclusion  The world is shifting the paradigm and going international, opening up exciting opportunities to expand your business horizons and capture new markets and audiences. However, success in the global arena requires careful planning, cultural sensitivity and thorough understanding of local regulations and market trends. Building strong partnerships and adopting your products or services to meet diverse customer needs can give you a competitive edge. By staying proactive and embracing innovation, you can navigate challenges and achieve massive growth in future. http://www.jurisconsultants Anushka Mishrawww.jurisconsultants.in