India’s insurance regulator rings in a new regulatory framework for insurance businesses
Download .pdf In a significant move, aimed at improving the efficacy and efficiency of the insurance sector and achieving the objective of...
Telecom entities have no obligation to withhold tax on discounts offered through distributors
Download .pdf In a recent ruling in the Bharti Cellular Limited case (the “Taxpayer”), India’s Supreme Court has held that because a...
Fact-check units: Unchecked fact checkers
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...
Foreign investment liberalised in India’s space sector
Download .pdf Recently, India's Union Cabinet approved a significant amendment (the “FDI Amendment”) to India’s Foreign Direct Investment (“FDI”)...
Indian tax implications in cryptocurrency transactions
Download .pdf India’s Finance Minister introduced a specific tax regime for virtual digital assets (“VDAs”) in the Finance Bill 2022. Section 2(47A)...
India’s insurance regulator seeks to simplify the operations and listing of insurance companies
Download .pdf The Insurance Regulatory and Development Authority of India (the “IRDAI”) has circulated an exposure draft of the IRDAI (Registration,...