by Majmudar & Partners | Apr 6, 2026 | Tax
India’s Central Board of Direct Taxes (“CBDT”) has recently clarified that gains arising from the transfer of investments made prior to April 1, 2017 will not be subject to GAAR, irrespective of when such transfers take place. This clarification comes in the backdrop...
by Majmudar & Partners | Feb 3, 2026 | Banking and Finance, Policy & Governance Updates, Tax
Download .pdf India’s Union Budget (the “Budget”) for the financial year 2026-27 was announced on February 1, 2026, and the Finance Bill, 2026 (the “Finance Bill”) was tabled in Parliament. The Finance Bill will undergo discussion in Parliament before its...
by Majmudar & Partners | Jan 5, 2026 | Corporate/M&A, Foreign Investment
India is one of the world’s fastest-growing economies, with a steadily liberalised regulatory framework and strong policy support for foreign investment. Most sectors permit 100% FDI under the automatic route, and investors can choose from multiple entry options,...
by Majmudar & Partners | Oct 10, 2025 | Private Equity and Venture Capital, Tax
Download .pdf In the case of Concentrix CVG Customer Management Group, Inc. v. Deputy Commissioner of Income Tax (ITA No. 7727/Del/2017 & Ors., order dated September 30, 2025), the Income Tax Appellate Tribunal, Delhi (the “Delhi ITAT”), ruled that Concentrix CVG...
by Majmudar & Partners | Sep 26, 2025 | General
Akil Hirani, Managing Partner and Head of Transactions, spoke at the ACC Chicago Business Summit on “What U.S. Lawyers Need to Know About Doing Business in India”, which covered investment structures, regulatory nuances and cultural considerations in India, and...
