Key legal issues for tech start-ups in India

India’s insurance regulator rings in a new regulatory framework for insurance businesses

Apr 18, 2024

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...

Telecom entities have no obligation to withhold tax on discounts offered through distributors

Apr 2, 2024

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...

Fact-check units: Unchecked fact checkers

Mar 27, 2024

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...

Foreign investment liberalised in India’s space sector

Mar 4, 2024

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...

Indian tax implications in cryptocurrency transactions

Feb 21, 2024

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...

India’s insurance regulator seeks to simplify the operations and listing of insurance companies

Feb 9, 2024

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...

Key legal issues for tech start-ups in India

More Insights

India’s insurance regulator rings in a new regulatory framework for insurance businesses

Telecom entities have no obligation to withhold tax on discounts offered through distributors

Fact-check units: Unchecked fact checkers

Foreign investment liberalised in India’s space sector

Indian tax implications in cryptocurrency transactions

India’s insurance regulator seeks to simplify the operations and listing of insurance companies

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