Majmudar & Partners has compiled a presentation that analyzes and scrutinizes the various initiatives to combat Climate Change in India.
The presentation contains information regarding regulations, laws and measures taken by the Indian administration to curb the impact of climate change across the country.
Click here to download the full presentation.
Download .pdf In a significant move, aimed at improving the efficacy and efficiency of the insurance sector and achieving the objective of “Insurance for All by 2047,” the Insurance Regulatory and Development Authority of India (the “IRDAI”), at its recent board...
Download .pdf In a recent ruling in the Bharti Cellular Limited case (the “Taxpayer”), India’s Supreme Court has held that because a “principal-agent” relationship does not exist between the Taxpayer and the distributor, the discounts offered by the Taxpayer on SIM...
Download .pdf In the case of Kunal Kamra v. Union of India, on January 31, 2024, the petitioners challenged the constitutional validity of the 2023 amendment (the “2023 Amendment”) made to Rule 3(1)(b)(v) (pertaining to due diligence by an intermediary) (the “Impugned...
Download .pdf Recently, India's Union Cabinet approved a significant amendment (the “FDI Amendment”) to India’s Foreign Direct Investment (“FDI”) Policy (the “FDI Policy”) in the space sector. The FDI Amendment aims to open India’s space sector for foreign...
Download .pdf India’s Finance Minister introduced a specific tax regime for virtual digital assets (“VDAs”) in the Finance Bill 2022. Section 2(47A) of the Income-tax Act, 1961 (the “IT Act”) was brought in and defines VDAs to mean any information or code or number or...
Download .pdf The Insurance Regulatory and Development Authority of India (the “IRDAI”) has circulated an exposure draft of the IRDAI (Registration, Capital Structure, Transfer of Shares and Amalgamation of Indian Insurance Companies) Regulations, 2024 (the...