Other Briefings
Fulfilling ‘Know your Customer’ Guidelines in India
Financial institutions are under more pressure by the authorities to be KYC compliant. In this article, we look at how this will affect the way you transact with banks and other market intermediaries, and identify the benefits of being KYC compliant.
An Introduction to Gambling Laws in India
While the Public Gambling Act, 1867 is the central governing law in India, gambling in the country is largely administered on a state level, and different states follow different rules and regulations. This article assesses the impact of the resulting regulatory framework on the gambling industry in India.
India Regulatory Brief: New Rules for Income Declaration Scheme 2016, India-Cyprus Tax Treaty, and Surrogacy Bill, 2016
In this week’s Regulatory Brief, we look at the latest notification by the Central Board of Direct Taxes, which simplifies the process for persons declaring undisclosed income and reduces their tax liabilities, as well as the implications of the revised India-Cyprus Tax Treaty and the Surrogacy Bill, 2016.
Examining the Various Laws in India’s Companies Act
India has recently proposed more changes to its Companies Act 2013, which contains a range of laws that apply to various businesses in the country. In this article, we examine the myriad aspects of the Companies Act and discuss the key points that foreign firms should be aware of.
India Regulatory Brief: Maternity Leave to Increase to 26 Weeks and New FDI Rules for Non-Banking Finance Companies
In this week’s Regulatory Brief, we take a look at the implications of the Maternity Benefit (Amendment) Bill, 2016, the liberalization of foreign investment norms for non-banking finance companies (NBFCs) as approved by the Union cabinet, and the Taxation Laws (Amendment) Bill, 2016.
Liabilities of Directors and Shareholders when a Company Defaults in India
In India, a company registered under the Companies Act is considered a legal entity and separate from its individual members or shareholders. Read more to understand the scope of liabilities faced by directors and shareholders in the event of corporate default.
India Releases New National Intellectual Property Rights Policy
India’s new National Intellectual Property Rights Policy will have a significant impact on foreign firms that wish to enter or currently operate in India. The policy, which has been widely criticized, will drastically alter the intellectual property (IP) environment in India. Read our latest article to learn all about the nature of IP risks in India.
India Regulatory Brief: Government Extends Highway Contracts to Attract Investors and More Changes to GST Bill Announced
In this week’s Regulatory Brief, we discuss the government’s decision to extend the tenure of contract for operation and maintenance of highways to attract more investors in the sector, the Bilateral Investment Treaty signed between India and Cambodia, and changes to the GST Constitutional Amendment Bill.
