Other Briefings
Remitting Money from India – Choosing the Right Repatriation Strategy
Funds can be repatriated from India to other countries in various ways, but can entail foreign exchange risks, tax, and regulatory risks. This article discusses the various strategies a company may utilize when repatriating funds from India, including the associated legal and tax concerns.
Companies Act (Amendment) Bill, 2017 Approved by Lower House of Parliament
The lower house of India’s parliament has passed the Companies Act (Amendment) Bill, 2017. In this article, we highlight some of the important amendments proposed to the Companies Act of 2013 as the 2017 Amendment Bill heads to the upper house for approval.
India Regulatory Brief: New Rules for Shifting a Registered Office, Companies Act (Amendment) Bill, 2017
In this week’s Regulatory Brief, we highlight the Companies (Incorporation) Amendment Rules, 2017, the Companies Act (Amendment) Bill, 2017 passed by the lower house of parliament, and the minimum wage code bill that will now be debated in parliament after approval by the Prime Minister’s cabinet.
New RBI Guidelines on Issuance of Masala Bonds
In a bid to strengthen India’s regulations governing external commercial borrowings, the Reserve Bank of India (RBI) recently came up with new guidelines on the issuance of ‘masala bonds’. In this article, we discuss what are masala bonds and the new requirements for its issuance.
India Regulatory Brief: Tax Filing for NRIs, No Environmental Clearance for Solid Waste Management Projects
In this week’s Regulatory Brief, we look at the latest GST update as businesses will be able to upload their invoices online from July 24, new reporting requirements for NRIs filing their tax returns, and exemption for most solid waste management projects from getting environment clearances.
India Regulatory Brief: Clarifications under the Bankruptcy Code, Business Class Travelers to Show GSTIN
In this week’s Regulatory Brief, we briefly cover the clarifications issued by the National Company Law Appellate Tribunal (NCLAT) on what constitutes a ‘dispute’ under the the Insolvency & Bankruptcy Code, 2016; the new compliance required of business class air travelers under the GST regime, and the impact of the GST on inter-state logistics.
India Abolishes FIPB. What Does it Mean for Foreign Investors?
Last month, the Indian government eliminated the foreign investment promotion board (FIPB), established 25 years ago as a single-window clearance for all foreign direct investment. In this article, we explain the new regulatory landscape for foreign investment in a post-FIPB era.
India Regulatory Brief: Filing GST Returns, Aadhaar Mandatory for Banking and Financial Transactions
In this week’s Regulatory Brief, we look at the relaxed timelines for filing GST returns for the first two months after the GST rollout in India, the revised GST rates and rules passed till June 18, 2017, the new law making it mandatory to link all existing and new bank accounts with the Aadhaar biometric identification number, and the daily pricing system introduced for the fuel market.
