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By Vaishakh Kapadia, Ankit Parekh
The Companies, Act, 1956 provided that a foreign company could merge with an Indian company.
By Kruti Desai, Ahetesham A. Thaver
The Employees' Provident Fund Organisation ("EPFO") has issued a circular on 23 March 2017 bearing file No. IWU/7/)(25)/(2017)/Payment of PF and Withdrawal Benefits...
By Kruti Desai, Shruti Tandon
The Ministry of Labour and Employment, Government of India has pursuant to its notification bearing ref. no. G.S.R.1190 (E) dated 30 December 2016 notified the Employees' Provident Funds (Seventh Amendment)...
By Ryna Karani, Prem Jumani
Reserve Bank of India vide its Notification no. RBI/2015-16/349 A.P. (DIR Series) Circular No.56 dated 30 March 2016, has revised the External Commercial Borrowing...
By Vaishakh Kapadia, Jenika Solanki
The Department of Policy and Promotion, Ministry of Commerce and Industry, Government of India ("GOI") has recently issued Press Note no. 3 (2016 Series) liberalising the terms governing foreign direct investment...
By Aliff Fazelbhoy, Statira Ranina, Astha Chandra, Priyanka Jain
In the recent ruling of November 20151, the Authority of Advance Ruling ("AAR") has considered an issue of payment of service tax for service provided by an expatriate in India as employee of an Indian company.
By Junia Sebastian, Lubna Najeeb
The latest amendment to the Payment of Bonus Act, 1965 ("Principal Act") has come into effect through the Payment of Bonus (Amendment) Act, 2015 ("Amendment").
By Vaishakh Kapadia, Siddhi Ghatlia, Jenika Solanki
The Department of Industrial Policy and Promotion ("DIPP") issued Press Note No. 12 (2015 Series) on 24 November 2015 ("Press Note"), introducing substantial changes to the Foreign Direct Investment Policy ("FDI Policy").
By Vaishakh Kapadia, Shatakshi Komal
The Department of Industrial Policy and Promotion has recently issued a press note on 15 September 2015 to amend the consolidated foreign direct investment policy.
By Vaishakh Kapadia, Aditi Tralshawala, Shatakshi Komal
The Department of Industrial Policy and Promotion ("DIPP") has recently issued a press note ("Press Note"), to extend the initial validity period of an Industrial License ("IL") granted in respect of the Defence Sector in India.
By Vaishakh Kapadia, Shatakshi Komal
The Government of India has recently issued a Press note to do away with the distinction between different types of foreign investments, especially between foreign portfolio investments and foreign direct investments, and replace them with composite caps.
By Vaishakh Kapadia, Aditi Tralshawala, Shatakshi Komal
The Government of India is constantly trying to encourage investments in India. In order to compliment these efforts the Department of Industrial Policy and Promotion has recently taken several initiatives to facilitate doing business in India.
By Kruti Desai, Rashna Jehani
With a view to facilitate ease of reporting transactions under the foreign direct investment scheme, the Reserve Bank of India has enabled online filing of the following reports/ forms on the e-biz portal of the Government of India:
By Aliff Fazelbhoy, Kruti Desai, Mallika Noorani, Apeksha Mattoo
The Ministry of Labour & Employment has issued four notifications in August 2014 amending the provisions of the following the schemes framed under Employees' Provident Funds and Miscellaneous Provisions Act...
By Aliff Fazelbhoy, Vaishakh Kapadia, Purti Minawala
The terms and conditions pertaining to the Foreign Direct Investment ("FDI") in India are governed by the consolidated Foreign Direct Investment Policy ("FDI Policy")...