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The Department for Promotion of Industry and Internal Trade vide its press release dated 19 February 2019 has shared that the Minister of Commerce & Industry and Civil Aviation, Suresh Prabhu has cleared a proposal ...

Since its launch on 16 January 2016, the Startup India Scheme has become the cornerstone of India's entrepreneurship policy, offering tax holidays, funding access, and regulatory relief to eligible new-age businesses. For founders, understanding the legal architecture of this scheme — particularly Department for Promotion of Industry and Internal Trade (DPIIT) recognition — is essential to unlocking benefits worth lakhs, sometimes crores, in tax savings and compliance relief.

A new valuation guide exclusively focused on valuations associated with portfolio company investments has been released.

Karnataka High Court allowing a batch of several appeals against the Tribunal ruling, held that a trust structure is not liable for Service Tax, when it deals with monies collected as an investment fund.

Section 56(2)(viib) of the Income Tax Act, 1961 ('IT Act') or 'Angel Tax', as it is popularly known, was amended vide the Finance Act, 2023 to include non-residents within its ambit...

The Indian Government is keen on developing the international financial services center (‘IFSC'), in Gujarat International Finance Tec-City (GIFT City), Gujarat, to bring to the Indian shores

Indian companies have been facing issues in doing business, without any ease.

Typically, private equity and venture capital investors seek various contractual rights to protect their investments and secure their returns.

Q3 2020 witnessed 173 Private equity (PE) investments worth USD 7.5 billion...

The provisions relating to declaration of significant beneficial ownership ("SBO") were introduced in the Companies Act, 2013 ("Act")...

The IFSCA vide a circular dated April 5, 2024, on "Ease of doing business – Filing of Schemes or funds under IFSCA (Fund Management) Regulations 2022", has simplified the process for launching of funds and schemes ...

The last few years have seen increasing volumes of business for start-up ventures, proprietorships and small business concerns with entrepreneurs looking to infuse more capital into their businesses...

The problem surfaces during legal due diligence for a follow-on transaction. A new lead investor issues a term sheet with conditions. The conditions require simplifying the cap table first.

India's capital markets regulator has rolled out one of its most significant ease-of-doing-business reforms for foreign investors in recent years. The Single Window Automatic and Generalised Access for Trusted Foreign Investors framework, known as SWAGAT-FI, consolidates and simplifies registration for a defined category of low-risk foreign portfolio investors and foreign venture capital investors.

With India's strong ties with Silicon Valley and its maturing tech and startup ecosystem, outside investments in Indian companies are becoming increasingly common.

The Bangalore bench of the Income Tax Appellate Tribunal (‘ITAT’) has held that ESOP expenditure cross-charged by a foreign holding company to its Indian subsidiary is allowable as a deduction under section 37(1) of the Income-tax Act, 1961 ('Act'). The Tribunal reiterated that ESOP discount constitutes employee compensation and gives rise to an ascertained liability during the vesting period and that the possibility of future forfeiture, non-exercise of options, or issuance of a valuation report after the financial year-end does not render the liability contingent or hypothetical.

As the Indian startup ecosystem continues to thrive, attracting substantial investments from around the globe, investors are increasingly eyeing opportunities within this burgeoning market.