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The Finance Bill 2023 proposes to amend Section 28(iv) of the Income Tax Act, 1961 (IT Act) to include cash/ monetary perquisites as well within its ambit.

The Competition Commission of India has approved a significant restructuring in the insurance sector involving Fairfax-controlled FAL Corporation, Go Digit Infoworks Services, and Go Digit General Insurance. The transaction involves a scheme of amalgamation that will merge Infoworks into Digit General, fundamentally altering the ownership structure and reducing the effective voting interest of existing minority shareholders from 52% to approximately 14.92%.

The Reserve Bank of India ("RBI") has clarified the amount of capital fund that can be raised overseas through issuance of PDI in Additional Tier 1 capital.

SEBI, vide circular dated July 4, 2024, has revised the timelines to be followed by Credit Rating Agencies ("CRAs") as specified under master circular dated May 16, 2024.

This circular governs all schemes filed after March 10, 2017.

As a part of its ongoing endeavour to reduce compliance burden on regulated entities by, inter alia, removing redundant and repetitive filings and instructions, ...

On 6 October 2023, the Employees' Provident Fund Organisation released a Standard Operating Procedure for management and regulation of establishments that are permitted to operate...

The Union Minister for Finance and Corporate Affairs presented the Finance Bill, 2026 by Bill No. 3 of 2026 ("Union Budget") in the Parliament on 01.02.2026.

The last date for submitting the audit report is not later than 31 December 2018.

The Reserve Bank of India ("RBI") had notified the Foreign Exchange Management (Non-debt Instruments) Amendment Rules, 2024 ("NDI Amendment Rules") on January 24, 2024...

The Securities and Exchange Board of India ("SEBI") vide its circular dated October 10, 2019, has notified a detailed framework for issuance of depository receipts ("DRs")...

On February 01, 2019, the Indian Finance Minister presented an interim Budget for financial year ("FY") 2019-20 ("Budget").

With yet another foreign convertible bond default hitting our desk, we cannot help but wonder what the future has in store for Asian convertible bonds and debt capital markets restructurings.

This joint publication examines the evolving asset management regulatory frameworks in Japan and India, offering comparative insights into funds, licensing, disclosure requirements, compliance obligations, and investor protection mechanisms. Legal experts from Chuo Sogo LPC and Hammurabi & Solomon Partners provide practical guidance for navigating cross-border investment opportunities in these dynamic Asian markets.

The Reserve Bank of India ("RBI") has issued Directions titled ‘Aadhaar Enabled Payment System – Due Diligence of AePS Touchpoint Operators' ("Directions"), which are set to come into force from January 01, 2026.

In February 2021, the Reserve Bank of India (RBI) had decided to permit resident individuals to make investments in the International Financial Services Centers (IFSC)...

The framework governing Masala Bonds has been consolidated under the Master Direction No.5 dated 1 January 2016 on ‘External Commercial Borrowings, Trade Credit, Borrowing and Lending...