IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Murtaza Somjee of Jerome Merchant + Partners. Murtaza has joined IR as our exclusive Commercial Arbitration Member in India. “Jerome Merchant + Partners represents the next generation of top-tier business lawyers in India. The Firm helps businesses reach their full […]
Foreign direct investment has increased exponentially during the last few decades as the desire for global trade and international influence increases among corporations, and trade barriers fall away. Once the […]
Read moreINSOLVENCY CODE – RESOLUTION OF NPAs VIS-À-VIS DEFAULTING PROMOTERS Massive expansion and investments, primarily funded through bank loans (despite a weak promoters’ equity base), has given rise to companies which have overleveraged their balance sheets. Coupled with the economic slow-down, industry conditions and global financial crisis in the past, this led to these […]
NEW RBI NORMS ON PREPAID PAYMENT INSTRUMENTS The Reserve Bank of India (“RBI”) has issued various guidelines from time to time on issuance and operations of Prepaid Payment Instruments (“PPIs”) in India. PPIs are defined as payment instruments that facilitate purchase of goods and services, including financial services, remittance facilities, etc., against the value stored […]
Asian Legal Business (ALB) features IndusLaw Partner, Lomesh Kiran Nidumuri in its annual list of “Forty Under Forty” lawyers in the Asia-Pacific region for 2017. Now in its third year, ALB recognises 40 outstanding legal professionals in the Asia-Pacific region who are under the age of 40. Listed lawyers have worked on significant deals and […]
COMPENSATION AGREEMENTS WITH EMPLOYEES OF SUBSIDIARIES OF LISTED INDIAN ENTITIES WITHIN THE AMBIT OF SEBI LISTING REGULATIONS Earlier this year, the Securities and Exchange Board of India (“SEBI”) amended the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), to structure the unregulated compensation and profit sharing arrangements/agreements between shareholders/third parties with the employees, […]
Aligning the Indian tax environment with global best practices and standards, the Central Board of Direct Taxes (CBDT) has yet again brought a change to transfer pricing documentation. Detailed transfer pricing rules have been issued for public discussions, which require MNCs operating in India to furnish documentation with respect to their worldwide operations, popularly known […]
India’s apex direct taxes body has clarified that routine administrative functions carried out from a regional outfit of a multinational company, including handling of payroll, accounting and human resources, will not make it liable to tax on income earned outside the country. The move addresses a key concern of multinationals. There had been concerns that […]
We are pleased to announce that Ms. Seema Jhingan, has been recognized as one of India’s Trusted Corporate Lawyers of 2017 by the Indian Corporate Counsel Association (ICCA) in its publication – ‘The Vanguards’ (as attached together with her published profile), with forwards from the Department of Legal Affairs, Ministry of Law and Justice and […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Anil Goel of Anil Ammita & Co. Anil has joined IR as our exclusive Accounting Services member in India. “We are a leading professional services firm advising dynamic Indian businesses with global ambitions. Our team comprises of corporate consultant, seasoned banker, well experienced attorneys and upcoming […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Gaurav Goel of Anil Ammita & Co. Gaurav has joined IR as our exclusive Accounting Services member in India. “We are a leading professional services firm advising dynamic Indian businesses with global ambitions. Our team comprises of corporate consultant, seasoned banker, well […]
Exemption from GST registration A person making inter-state supplies was required to compulsorily register for GST. A notification has now been issued by the CBEC exempting a person who is making inter-state supplies of taxable services from GST registration, provided that the aggregate turnover of such person, to be computed on all India basis, does […]
