Corporate Law - Learn step-by-step procedure to convert External Commercial Borrowings (ECB) into equity in an Indian company. Understand conditions, approvals, and reporting requirements in 2023....
Corporate Law - In case of Foreign Direct Investment, the valuation of equity instruments should be done as per any internationally accepted pricing methodology for valuation on an arm’s length basis duly certified by a Chartered Accountant or a Merchant Banker registered with the Securities and Exchange Board of India or a practicing Cost Accountant, ...
Corporate Law - External Commercial Borrowing (ECB) is one of the most sought out debt funding instrument where businesses can obtain funds from their foreign counterparts/ banks for meeting capital expenditure requirements, short-term working capital requirements, refinancing existing debts, and funding imports. The Reserve Bank of India (RBI) is the re...
Corporate Law - Introduction: Foreign direct investment (FDI) plays a significant role in the economic development of countries. In this article, we will compare the foreign investment sectors in two countries: India and Bhutan. Both countries have their own policies and regulations governing foreign investment, which impact the sectors open to foreign i...
Corporate Law - ITAT ruled that capital gains on sale of unlisted shares by a non-resident must be computed strictly as per Section 112(1)(c)(iii) of Income Tax Act without considering computation provisions under Section 48....
Corporate Law - Government has implemented several legislative and policy measures for e-commerce keeping in mind the retailers. Some of these measures are FDI Policy; Foreign Exchange Management Act, 1999; Consumer Protection (E-Commerce) Rules, 2020; Consumer Protection Act, 2019; Competition Act, 2002; Central Goods and Services Tax (CGST) Act, 2017; ...
Corporate Law - Government has put in place a liberal and transparent policy for attracting Foreign Direct Investment (FDI), wherein most sectors, except certain strategically important sectors, are open for 100% FDI under the automatic route....
Corporate Law - Confederation of All India Traders (CAIT) has requested Minister of Commerce and Industry, Shri Piyush Goyal for strict action against LOTS Whole Solutions owned by SIAM Makro Public Company Limited for blatantly violating the FDI Policy. Confederation of All India Traders “Vyapar Bhawan 925/1, Naiwala, Karol Bagh, New Delhi- 110005. ...
Corporate Law - Foreign Investment Facilitation Portal (FIF) completes 5 years since Union Cabinet decision to abolish FIPB 853 FDI proposals disposed off in the last 5 years; FDI jumped by 39% since FIF came into being 853 FDI proposals have been disposed off through the Foreign Investment Facilitation Portal (FIF) since abolishment of Foreign Investmen...
Corporate Law - India gets the highest annual FDI inflow of USD 83.57 billion in FY21-22 India rapidly emerges as a preferred investment destination; FDI inflows have increased 20-fold in last 20 years. FDI equity inflows in Manufacturing rise by 76% in FY 2021-22 FDI inflows rise by 23% post-Covid Karnataka emerges as the top FDI equity inflow [&helli...
Press Note No.1 (2023 Series) - (21/07/2023) - Government of India announces an extension of the Industrial License validity to 15 years for ease of doing business. Read the guidelines for extension and reconsideration....
Press Note No. 1 (2022 Series) - (14/03/2022) - Review of FDI Policy for permitting foreign investment in Life Insurance Corporation of India (LIC) and other modifications for further clarity of the existing FDI Policy....
(01/01/1970) - Confederation of All India Traders has requested to Shri Piyush Goyal Hon’ble Minister for Commerce & Consumer Affairs to not to relax E Commerce Policy and FDI Rules on E Commerce. Their representation is as follows:- “Vyapar Bhawan” 925/1, Naiwala, Karol Bagh, New Delhi-110005, Phone...
Press Note No. 4 (2021 Series) - (06/10/2021) - Government of India has reviewed the extant FDI policy on Telecom sector and has made the following amendment under the Consolidated FDI Policy Circular of 2020, as amended from time to time (FDI Policy):...
Press Note No. 3 (2021 Series) - (29/07/2021) - The Government of India has reviewed the extant FDI policy on Petroleum & Natural Gas sector and has made the following amendment in the Consolidated FDI Policy Circular of 2020, as amended from time to time (FDI Policy):...
Press Note No.1 (2023 Series) - 21/07/2023