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  • Article

    Criminal Conviction Not Necessary For Forfeiture Of Gratuity Due To Acts Involving Moral Turpitude: Supreme Court

    A division bench of the Supreme Court of India in Western Coal Fields v Manohar Govinda Fulzele, 2025 SCC Online SC 345 held that under the Payment of Gratuity Act, 1972 (Act)...
    IndiaCriminal Law
    Khaitan & Co.
    Khaitan & Co.
  • Article

    ELB E-Bulletin | Volume 3 Issue 11 | November 2021

    Welcome to the eleventh edition of the e-Bulletin (Volume III) brought to you by the Employment Labour and Benefits (ELB) practice group of Khaitan & Co. ...
    IndiaEmployment and HR
    Khaitan & Co.
    Khaitan & Co.
  • Article

    Ministry Of Labour And Employment Operationalises The Provisions On Payment Of Statutory Bonus

    On 25 August 2026, the Ministry of Labour and Employment issued two notifications (Notifications) under the Code on Wages, 2019 (Wage Code), thereby operationalising specified provisions relating to payment of statutory bonus for establishments for which the appropriate government is the Central Government. The Wage Code consolidates the legislative framework governing wages and related employee entitlements, including the regime previously governed by the Payment of Bonus Act, 1965.
    IndiaEmployment and HR
    Khaitan & Co.
    Khaitan & Co.
  • Article

    Discontinuation Of Reporting Of Non-Resident Guarantee For Domestic Financing

    As a part of its ongoing endeavour to reduce compliance burden on regulated entities by, inter alia, removing redundant and repetitive filings and instructions, ...
    IndiaFinance and Banking
    Khaitan & Co.
    Khaitan & Co.
  • Article

    Effective Management And Regulation Of EPF-Exempted Establishments: EPFO Releases SOP

    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...
    IndiaFinance and Banking
    Khaitan & Co.
    Khaitan & Co.
  • Article

    Liberalisation Of Investments In IFSC

    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)...
    IndiaFinance and Banking
    Khaitan & Co.
    Khaitan & Co.
  • Article

    RBI's Impetus Advances Ease Of Business: Encouraging Export Of Goods, Software And Services

    These amendments, in continuation with the 30 June 2025 amendment, signal a conscious policy decision by the RBI to strengthen the country's exports which are already facing intense competition in the wake of the US tariff regime, the supply chain turbulence and the geo-political disturbances.
    IndiaFinance and Banking
    Khaitan & Co.
    Khaitan & Co.
  • Article

    RBI Notifies Transition To Its Benchmark Rates For Overseas Borrowings

    With the imminent discontinuation of the publication of the London Interbank Offered Rate (LIBOR) by the end of 2021 for most currencies...
    IndiaFinance and Banking
    Khaitan & Co.
    Khaitan & Co.
  • Article

    SEBI's Incentive Push: A New Boost For India's Public Debt Market

    The Securities and Exchange Board of India (SEBI) vide its circular no. CIR. /IMD/DF/22/2011 - Public issue of Debt Securities- Prohibition on payment of incentives dated 26 December 2011 (Circular) prohibited payment of incentives by a person connected with a public issue of debt securities to a potential investor for making an application for allotment of specified securities
    IndiaFinance and Banking
    Khaitan & Co.
    Khaitan & Co.
  • Article

    Government Permits Hybrid Working For Units In Special Economic Zone

    The Special Economic Zone (SEZ) regime, which was introduced in 2005 to promote exports and improve balance of payments, became less lucrative with sunset of ...
    IndiaGovernment, Public Sector
    Khaitan & Co.
    Khaitan & Co.
  • Article

    Insurance 2.0 | Operationalising 100% Foreign Investment In The Insurance Sector

    The final form of amendments to the Indian Insurance Companies (Foreign Investment) Rules, 2015 have now been notified, with effect from 30 December 2025 (Amendment).
    IndiaGovernment, Public Sector
    Khaitan & Co.
    Khaitan & Co.
  • Article

    NDI Rules Amended To Allow 74% Foreign Investment In Indian Insurance Companies | Liberalisation Process Now Complete

    The Foreign Exchange Management (Non-Debt Instruments) Rules 2019 (NDI Rules) have been amended to permit foreign investment up to 74% for insurance companies in India.
    IndiaGovernment, Public Sector
    Khaitan & Co.
    Khaitan & Co.
  • Article

    Insurance 2.0 | Insurance Reforms To Commence From 5 February 2026

    The Government of India has notified 5 February 2026 as the commencement date for the Sabka Bima Sabki Raksha (Insurance for All, Protection for All) (Amendment of Insurance Laws) Act, 2025, including 100% foreign investment in Indian insurers.
    IndiaInsurance
    Khaitan & Co.
    Khaitan & Co.
  • Article

    COVID-19 Third Wave Upshot: IP Filings' Timeline Extended Again

    The Hon'ble Supreme Court of India (Supreme Court) has recently passed an order dated 10 January 2022 (SC Order) in Suo Moto Writ Petition (Civil) No 3/2020 (SC Matter) restoring its earlier order...
    IndiaIntellectual Property
    Khaitan & Co.
    Khaitan & Co.
  • Article

    DGFT Invites Suggestions From The Industry To Formulate The Forthcoming Foreign Trade Policy

    The Foreign Trade Policy (FTP) is traditionally laid out for a period of five years.
    IndiaInternational Law
    Khaitan & Co.
    Khaitan & Co.
  • Article

    International Trade | Comprehensive Economic Partnership Agreement | India - UAE

    India and the United Arab Emirates (UAE) on Friday signed a Comprehensive Economic Partnership Agreement (CEPA), which is set to reduce tariffs for 80 per cent of goods and give zero duty access to 90 per cent of India's exports to the UAE.
    IndiaInternational Law
    Khaitan & Co.
    Khaitan & Co.
  • Article

    Key Issues In Domestic Arbitration In India

    A recent survey conducted by our firm provides valuable insights into the current state of domestic arbitration in India from the perspective of those directly involved, rather than from legal professionals.
    IndiaLitigation, Mediation & Arbitration
    Khaitan & Co.
    Khaitan & Co.
  • Article

    Impetus To GCCs In India: Andhra Pradesh Releases Its IT And GCC Policy

    Following Karnataka in the race to entice multi-national corporations to establish Global Capability Centers (GCCs) in its state (covered in our earlier piece ‘Karnataka's Final GCC Policy Launched')...
    IndiaMedia, Telecoms, IT, Entertainment
    Khaitan & Co.
    Khaitan & Co.
  • Article

    MEITY Issues Advisory On Hosting Of Mature Content In India By Intermediaries

    Spearheaded by the Information Technology Act, 2000, and the rules thereunder, the information technology regulatory framework in India has undergone significant evolution in the past few years owing to the burgeoning presence and influence of intermediaries and social media platforms in the country.
    IndiaMedia, Telecoms, IT, Entertainment
    Khaitan & Co.
    Khaitan & Co.
  • Article

    NPCI Permits NRIs To Make Payments Via UPI With International Mobile Numbers

    The National Payment Corporation of India has issued an operating circular on 10 January 2023 allowing use of Unified Payments Interface by non-resident Indians using their international mobile numbers.
    IndiaMedia, Telecoms, IT, Entertainment
    Khaitan & Co.
    Khaitan & Co.

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