On National Technology Day, Amrit Mehta, Corporate Partner at Majmudar & Partners, addresses certain key legal issues for tech start-ups in India.
Download .pdf India’s Union Budget (the “Budget”) was announced on February 1, 2025, and the Finance Bill, 2025 (the “Finance Bill”) was tabled in Parliament. The Finance Bill will be discussed in Parliament before its enactment, and it is likely that it will be...
Download .pdf Prior years - A quick preview 2023 was a year of significant global challenges, including interest rate hikes and ongoing geopolitical conflicts. While 2024 began with optimism for economic growth and increased deal activity, persistent geopolitical...
Download .pdf Background An individual salaried taxpayer (the “Individual”) purchased bitcoins during the financial year 2015-16 and sold them in the financial year 2020-21. In the tax return, the Individual claimed that the bitcoins sold qualified as a capital asset...
Download .pdf The Banking Laws (Amendment) Bill, 2024 (the “2024 Bill”), which was introduced in the Lok Sabha on August 9, 2024 and passed on December 3, 2024, seeks to modernize India’s banking framework by amending five (5) important statutes: (i) Reserve Bank of...
Download .pdf Background In 1998, Mahanagar Telephone Nigam Limited (“MTNL”) invited tenders for Code-Division Multiple Access (“CDMA”) technology supply on a turnkey basis. In 1999, a contract was awarded to a joint venture between Fujitsu Ltd. (“Fujitsu”), a...
Download .pdf The globally contested legal battle on training large language models (“LLM”) using copyrighted content recently reached India, with Asian News International (“ANI”), an Indian news agency, filing a copyright infringement suit in the Delhi High Court...