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Lakshay Chawla

Latest Posts by Lakshay Chawla

FEMA Third Amendment 2026: Schedule III Shifts from NRI/OCI to Global Individuals

June 30, 2026 561 Views 0 comment Print

The 2026 FEMA amendment expands portfolio investment eligibility beyond NRIs and OCIs to all individuals resident outside India. It also raises investment limits and introduces stricter approval norms for specified investments.

SEBI’s practical stance on family succession: Rattan India Enterprises Trust transition

September 12, 2025 1455 Views 0 comment Print

SEBI exempted RattanIndia promoters from a mandatory open offer for transferring 74.86% stake to family trusts for succession, citing no change in control.

Online Gaming Bill 2025: Good News for the Industry?

September 3, 2025 1398 Views 0 comment Print

A new law banning real money gaming in India is seen as a strategic move to foster sustainable growth, attract foreign investment, and boost the non-RMG sector.

NCLT Approves Ajmera Realty’s Non-Conventional Demerger

June 24, 2025 3120 Views 0 comment Print

NCLT, Mumbai Bench, has sanctioned a non-conventional scheme of demerger between Ajmera Realty and Infra India Limited and its wholly-owned subsidiary, Radha Raman Dev Ventures Pvt. Ltd.

NCLT Approves Nazara’s ₹126 Cr Plan for Smaaash Entertainment Amid Fraud

June 2, 2025 4320 Views 0 comment Print

NCLT approves Nazara Technologies’ ₹126 Cr resolution plan for Smaaash Entertainment, addressing fraudulent transactions and promoter ineligibility under IBC.

Switzerland Suspends Unilateral MFN Clause Application in Tax Treaty with India

March 4, 2025 1230 Views 0 comment Print

Switzerland halts the unilateral application of the MFN clause under its tax treaty with India from 2025, following the Indian Supreme Court’s 2023 ruling.

Proposed Amendments to IFRS 9 & 7 for Renewable Electricity Contracts by IASB

August 5, 2024 606 Views 0 comment Print

IASB proposes amendments to IFRS 9 and IFRS 7 for better accounting of renewable electricity contracts, addressing practical issues and enhancing financial reporting clarity.

Direct listing of shares of Indian companies, overseas through IFSC GIFT City

January 29, 2024 1878 Views 0 comment Print

Explore the impact of Companies (Listing of equity shares in permissible jurisdictions) Rules, 2024, and Foreign Exchange Management (Non-debt Instruments) Rules, 2024 on Indian companies listing overseas via IFSC GIFT City.

Comprehensive Guide to Employer Identification Number (EIN) in U.S.

September 11, 2023 1206 Views 0 comment Print

Unlock the U.S. market for your Indian business by understanding the role of the Employer Identification Number (EIN). Learn how to obtain an EIN, its benefits, and more.

Residential Status & Tax Implications in India: A Comprehensive Guide

July 18, 2023 11373 Views 0 comment Print

Dive into the comprehensive guide on Residential Status & Tax Implications in India. Uncover the nuances of determining residency, taxability for residents, non-residents, and RNOR. Learn about exceptions, deemed residency, and the impact on global income.

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