India: Capital Gains Tax

India's alternative investment fund (AIF) market has evolved dramatically, with sophisticated investors now seeking direct access to specific high-conviction deals rather than committing to entire fund portfolios.

ダウンラウンドとは、企業が新たに株式を発行して資金調達を行う際に、直前の資金調達ラウンドで投資家が支払った価格やバリュエーション（企業価値）よりも低い条件で株式を発行する資金調達のことです。つまり、企業のバリュエーションが既存投資家が出資時に想定していた水

プライベート・エクイティ・ファンドは、通常10年から12年の存続期間を有する集合投資ビークルとして運営されます。リミテッド・パートナー（Limited Partner “LP”）は、ゼネラル・

India’s income tax architecture has undergone its most sweeping structural overhaul in over six decades. The Income-Tax Act, 2025 (IT Act, 2025)...

India's wealthiest families spend decades constructing empires of equity, real estate, and operating businesses. Yet many reach the point of succession without a valid Will. In such cases, statutory succession rules apply, with the state administering the distribution of assets according to prescribed criteria—such as religious law, familial relationship, and fixed shares, rather than individual intent, commercial considerations, or legacy planning.

In recent years, corporate India has witnessed an increasing number of amalgamations, group consolidations, and share-swap mergers driven by restructuring, capital efficiency, and regulatory considerations. Such transactions are often designed on the assumption that share-for-share exchanges are tax neutral, particularly where no cash changes hands.

As India advances deeper into the Kartavya Kaal, the Union Budget 2026-27 signals a maturing growth strategy one that prioritizes responsibility, resilience, and long-term value creation as the country moves...

Units in an International Financial Services Centre (IFSC) and Offshore Banking Units (OBUs)...

The 2026 Budget has introduced significant changes that will impact various aspects of taxation. Our experts at Lakshmikumaran & Sridharan Attorneys have analysed these announcements and their implications.