by Majmudar & Partners | Sep 20, 2019 | Tax
Today (September 20, 2019) the Indian government has introduced the Taxation Laws (Amendment) Ordinance, 2019, to make certain amendments in the Income-tax Act 1961 (the “IT Act”). Find the Taxation Laws (Amendment) Act, 2019 here. We have summarized below some of...
by Majmudar & Partners | Sep 10, 2019 | Foreign Investment
Introduction Addressing India’s need to attract investments to revitalize its economy, on August 28, 2019, the Union Cabinet (the “Cabinet”) has approved a number of changes to the foreign direct investment (“FDI”) regime. The reforms cover the single brand retail...
by Majmudar & Partners | Sep 5, 2019 | Securities Law
On August 21, 2019, India’s securities market regulator, the Securities and Exchange Board of India (the “SEBI”), introduced a plethora of changes to Indian securities laws and regulations. This update discusses the key changes. Background In recent months, a...
by Majmudar & Partners | Aug 23, 2019 | Competition
In 2018, the Indian government constituted a committee to review the Competition Act, 2002 (the “Competition Act”), and its rules and regulations. On July 26, 2019, the committee released its report with various recommendations dealing with the functioning of the...
by Majmudar & Partners | Aug 9, 2019 | Corporate/M&A
On July 31, 2019, the Indian government notified the Companies (Amendment) Act, 2019 (the “Amendment Act”), which amends certain provisions of the Companies Act, 2013 (the “Companies Act”). While a large part of the Amendment Act covers the changes introduced by the...
