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Lakshay Chawla

Latest Posts by Lakshay Chawla

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

September 12, 2025 1119 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 1305 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 2439 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 3990 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 984 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 501 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 1782 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 1101 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 11064 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.

Unraveling the Mysteries of Royalties and Fees for Technical Services in India

June 13, 2023 30435 Views 0 comment Print

Classification of royalties and fees for technical services as income in India according to the Income-tax Act, 1961. Explore the definitions and implications of these categories, as well as the concept of Tax Deducted at Source (TDS) and its rates for residents and non-residents.

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