Finding the ideal acquisition target that is also a great strategic fit with an existing business, can often seem like an impossible task. This is particularly true if that target […]
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With inputs from Sonam Agarwalla, Manager, Nangia Advisors (Andersen Global) Special Economic Zones (SEZs) were introduced to India in the year 2000, following the already efficacious SEZ model used in China. Prior to their introduction, India relied on Export Processing Zones (EPZs) which had a very lean impact on foreign investors. SEZs have been recognized […]
Background London Interbank Offered Rate (LIBOR)[1] is a global benchmark interest rate widely used to price financial indentures across economies, including but not limited to standard inter-bank products (like interest rate futures/ options/ swaps/ cap/ floor), commercial field products (like variable rate mortgages) and hybrid products (like collateralized mortgage obligations). On 27 July 2017, Andrew […]
Indian government’s major initiative to unearth the undeclared tax or illegal wealth – Project insight! The project forms its base over technologically driven concepts and ideas in line with spread of digitalization widely in corners of the economy. With the Project Insight, the Income-tax Department aims to promote voluntary compliance and deter non-compliance; to impart […]
This is in the backdrop of the OECD’s latest step to issue a consultation paper on the same and seeking public comments. QUESTIONS: What do the OECD’s recent proposals for revising profit allocation and nexus rules simply state? Please illustrate with the modern day examples? *User participation proposal This proposal seeks to allocate the taxing […]
Neha Malhotra, Executive, Nangia Advisors (Andersen Global) with inputs from Radhika Arora The taxation system in India has been designed to ensure equity and fair play in its operation. The Income-tax Act, 1961 (Act) facilitates the taxpayers with various tax-perks by way of diverse exemptions, incentives, deductions etc. It has in store many tax sops […]
A. CHANGES IN THE GST REGIME GST on seed certification tags The government of India has vided circular no. 100/19/2019-GST dated 30th April 2019 stated that seed testing and certification is a multi-stage process whereby charges are collected by the seed certification agency of states from the seed producers at different stages. Supply of seed tags […]
By Suraj Nangia, Partner and Sandeep Jhunjhunwala, Director, Nangia Advisors (Andersen Global) Real Estate Investment Trust (REIT) is a globally accepted investment vehicle for passive participation in real estate properties. First conceptualised in the United States, REIT has been in existence in several developed and emerging economies now, providing a stable investment alternative for retail […]
By Suraj Nangia, Partner and Chirag Nangia, Director, Nangia Advisors (Andersen Global) Real estate is one of the vital sectors of the Indian economy. It’s the second largest employer in the country if you consider its four cornerstones – housing, retail, hospitality and commercial spaces. The sector is expected to be a $650 billion sector, […]
QUESTION ONE – Which techniques are typically used by international counterparties in your experience to overcome challenges in the negotiation process? Sensitivity to the cultural nuances/ethos of the jurisdiction of the counterparties is one of the most essential techniques for effective negotiation in an international transaction. Being aware and considerate of the negotiating culture/work practices […]
We are pleased to announce that Mr. Anay Banhatti has joined DMD Advocates as a taxation partner in Mumbai. Fereshte D Sethna, Founder & Managing Partner, Mumbai said in a DMD’s press release, “I welcome Anay to DMD. Anay augments our robust tax team in the realm of both international and domestic tax laws.” Anay’s […]
Our Firm recently collaborated and contributed to the IR Global & the Association of Corporate Counsel, (the world’s largest community of in-house counsel) thought leadership publication “Negotiating Effective Contracts & Dealing with Disputes: Advice from Outside Counsel”. The publication offers jurisdiction-specific perspectives on contract negotiation, techniques used to overcome challenges in cross border negotiation process […]