TIGER GLOBAL AAR RULING: ISSUES FOR RE-CONSIDERATION
India-Mauritius tax treaty has come under scanner yet again with a recent pronouncement by the Authority for Advance Rulings (“AAR”) in the case of Tiger Global International II Holdings, In re[1]. The AAR was called upon to adjudicate whether capital gains arising from the sale of shares held by Mauritius based Applicant companies [with further …
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Amendments to the Personal Information Protection Act and Credit Information Use and Protection Act
Amendments to the Personal Information Protection Act (‘PIPA’) and Credit Information Use and Protection Act (‘Credit Information Act’) that were promulgated on February 4, 2020 took effect on August 5, 2020, along with their respective implementing regulations that were also amended to reflect the changes in the two laws. By balancing the need for the protection …
Key Tax Law Amendments in the Draft 2020 Tax Revision Bill
On July 22, 2020, the Ministry of Economy and Finance publicly released the 2020 draft Tax Revision Bill (the ‘Draft Bill’). Amidst the increasing risk of a global recession caused by the COVID 19 pandemic, the Draft Bill aims to: (i) promote investment and spending; (ii) enhance tax benefits to low-income earners and mid-sized and …
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Dubai International Financial Centre (DIFC) Data Protection Law 2020
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE has enacted the new Dubai International Financial Centre (DIFC) Data Protection Law, which comes into force from July 1, 2020. Our Senior Associate, Dr. M.L. VODA talks about the new regulation which includes general fines for serious breaches of …
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Website Cloning – A Business Reality with Intricate Legal Consequences
The newest and most effective marketing tool for business exists nowadays in the digital world. Whereas a good and attractive website has all the prerequisites to have a strong impact on the market share and positioning of a firm, it has the drawback of exposing important and not always protected content to infringements.
Fujairah Opens for Crew Changes
Port of Fujairah is opening for crew changes. This article talks about everything you need to know about the responsibilities, the registered agents should undertake and declare.
TMT : Vodafone CEO Nick Read’s Apology Accepted?
Authored by Hammurabi & Solomon Partners
Energy & Natural Resources : Why India needs a regime for the pricing of minerals
Authored by Hammurabi & Solomon Partners
Patent IPR : Commercial implications of Qualcomm patent judgment
Authored by Hammurabi & Solomon Partners
IBC: Reverse insolvency to the rescue in housing projects
Authored by Hammurabi & Solomon Partners