Ravi S. Raghavan, Partner – Tax & Client Group at Majmudar & Partners offered his comments on The Economic Times on the taxability of cryptocurrency in India and the government’s stance on it.
According to him, “The crypto property held by a taxpayer will be liable to tax in India depending on the intention to hold it either as investments to be taxed as capital gains or trade, which is to be taxed as business income”.
Original source: Legal500.com Akil Hirani, Managing Partner and Head of Transactions, outlines the philosophy of the firm and explains how the firm is adapting to client needs. What do you see as the main points that differentiate Majmudar & Partners from your...
The Karnataka government has recently issued the Karnataka Platform-Based Gig Workers (Social Security and Welfare) Bill, 2024 (Bill) and has invited objections/ suggestions from stakeholders. The provisions of the Bill will apply to all platform aggregators in...
A recent press report suggests that the Indian government is likely to clear joint venture proposals involving Chinese companies like Haier, Suzhou Innovance, China Highly Group and others where the Indian partner has a majority shareholding in the joint venture. In...
In an important ruling in the Piramal Enterprises Limited’s case under the erstwhile VAT statute, the Bombay High Court (BHC) has reiterated that a business transfer as a going concern is to be treated as a slump sale, and the assets of the business cannot be...
We are pleased to share that we have been ranked for multiple practice areas in the Benchmark Litigation 2024 rankings. Firm Rankings Labour and Employment White-collar Crime Commercial and Transactions Insolvency International Arbitration Government and Regulatory...
Akil Hirani, Managing Partner and Head of Transactions, has won the award of Legal Advisor of the Year by Asia Pacific Business at their Asia Pacific Business Awards 2023-2024. Congratulations, Akil.