In the September edition of our monthly newsletter “Legalaxy”, our team analyses some of the key developments in securities market, banking and finance, corporate affairs, intellectual property rights, and pharmaceuticals. Below are the key highlights of the newsletter: SEBI UPDATES SEBI amends provisions regarding borrowings by AIF and tenure of LVFs SEBI amends board nomination […]
We are pleased to share with you a copy of our in-house publication – “TaxBuzz”, wherein we have analysed the recent judgment of the Delhi High Court in Sumitomo Corporation India (P) Ltd and other connected matters. The High Court has settled the controversy regarding the validity of final assessment order passed in the case […]
We are pleased to share our bi-monthly newsletter on the latest GST and Customs Developments. The newsletter covers recent judgments and regulatory updates in the GST and Customs space in India. We trust that you will find the same useful. Looking forward to receiving your valuable feedback. For any clarification, please write to: Mr. Shammi […]
The introduction of the concept of ‘international workers’ in India was made by the Government of India in the year 2008. Vide its notification dated October 1, 2008, the Government of India introduced Paragraph 83 (Special provision in respect of International Workers) in the Employees’ Provident Fund Scheme, 1952 and Paragraph 43A (Special provisions in […]
The Delhi High Court in the judgment rendered recently in the case of Johnson Matthey Public Ltd Company vs CIT, International Taxation [2024] 162 taxmann.com 865 (Delhi) has held that guarantee charges received by a non-resident company from Indian subsidiaries for acting as guarantor to various banks to extend credit facilities to said Indian subsidiaries […]
Securities and Exchange Board of India (“SEBI”), vide its circular dated July 20, 2024, had amended the SEBI (Alternative Investment Funds) Regulations, 2012 (“AIF Regulations”), to provide flexibility to Venture Capital Funds (“VCFs”) registered under the erstwhile SEBI (VCF) Regulations, 1996 (“VCF Regulations”), for migrating to the AIF Regulations and to, inter alia, avail the […]
