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  • Article

    Share Transfer Forms To Provide Clarity On Foreign Investment Approvals

    The Central government has amended the rules associated with share transfer forms as required to transfer shares of companies under the Companies Act 2013.
    IndiaGovernment, Public Sector
    Khaitan & Co.
    Khaitan & Co.
  • Article

    Increasing Equity: First Step To 49% FDI (Automatic Route) In The Insurance Sector

    The Central Government has notified the Indian Insurance Companies (Foreign Investment) Amendment Rules 2016 (Amendment).
    IndiaInsurance
    Khaitan & Co.
    Khaitan & Co.
  • Article

    Draft Copyright Amendment Rules, 2019 – Changes Proposed In Statutory Licenses And Functioning Of Copyright Societies

    The Ministry has sought comments on the Draft Amendments, which may be submitted till 29 June 2019.
    IndiaIntellectual Property
    Khaitan & Co.
    Khaitan & Co.
  • Article

    Draft Patent (Amendment) Rules, 2018 Published For Objections And Suggestions

    The Ministry of Commerce and Industry has published Draft Patent Rules, 2018 for objections and suggestions
    IndiaIntellectual Property
    Khaitan & Co.
    Khaitan & Co.
  • Article

    Patent (2nd Amendment) Rules 2020 Notified

    Last month on 20 October 2020, the Patent (Amendment) Rules 2020 (Revised Rules 2020) came into force whereby the provisions pertaining to filing of priority document...
    IndiaIntellectual Property
    Khaitan & Co.
    Khaitan & Co.
  • Article

    Patent (Amendment) Rules 2020 Come Into Force

    The Patent (Amendment) Rules 2020 (Revised Rules 2020) have come into force from 20 October 2020
    IndiaIntellectual Property
    Khaitan & Co.
    Khaitan & Co.
  • Article

    Pfizer's Patent Application Relating To Rheumatoid Arthritis Drug (Tofacitinib) Rejected By Indian Patent Office

    The Indian Patent Office has passed an order on 3 September 2015 rejecting patent application no. 991/MUMNP/2003 to Pfizer Products, Inc. for rheumatoid arthritis drug ‘Tofacitinib'.
    IndiaIntellectual Property
    Khaitan & Co.
    Khaitan & Co.
  • Article

    Cyprus Loses The ‘Non-Cooperative Jurisdiction' Tag

    India had notified Cyprus as a ‘non-cooperative jurisdiction' owing to lack of effective exchange of information, vide a notification of the CBDT dated 1 November 2013 under Section 94A of the Income Tax Act, 1961, . . .
    IndiaTax
    Khaitan & Co.
    Khaitan & Co.
  • Article

    Due Date For Filing Form Trans 1 And Revision Thereof Under GST

    The Government introduced a new GST Rule 120A vide Notification No. 34/2017- Central Tax dated 15 September 2017 (‘Notification').
    IndiaTax
    Khaitan & Co.
    Khaitan & Co.
  • Article

    Indirect Tax Bulletin | February 2021

    Since November 2019, we have been sharing quarterly updates on indirect tax developments in the form of an e-Bulletin. We thank you for your continued support to our initiative.
    IndiaTax
    Khaitan & Co.
    Khaitan & Co.
  • Article

    Swachh Bharat Cess @0.5% Imposed On All Taxable Services

    The Central Government has not notified CENVAT Credit eligibility of such Cess under the CENVAT Credit Rules, 2004. Therefore, as of now, no CENVAT Credit can be availed for the Cess paid.
    IndiaTax
    Khaitan & Co.
    Khaitan & Co.
  • Article

    ‘Management Fees' Constitutes ‘Business Income' In The Absence Of Specific FTS Provision In The Relevant Tax Treaty

    The Bengaluru bench of the Income-tax Appellate Tribunal vide order dated 28 February 2019, held that consideration received by non-resident entity from an Indian company for performing management services ...
    IndiaTax
    Khaitan & Co.
    Khaitan & Co.
  • Article

    Fast Track Exit Of Corporates Gets Centralized

    Fast Track Exit (FTE) or the ‘Strike-off route' has been one of the easiest exit modes for companies, that have not conducted any business operations for past 2 (two) years and who satisfy certain other eligible criteria.
    IndiaCorporate/Commercial Law
    Khaitan & Co.
    Khaitan & Co.
  • Article

    Operationalisation Of ALMM List-II For Solar PV Cells

    The Ministry of New and Renewable Energy (MNRE) has operationalised the Approved List of Models and Manufacturers (ALMM) framework for solar PV cells with effect from 1 June 2026, thereby completing the two-tier sourcing structure that the ALMM regime had originally envisaged. While the framework, when introduced in 2019, contemplated approved lists for both solar PV modules and solar PV cells, implementation was initially confined to only solar modules, due to limited domestic cell manufacturing capacity at that time.
    IndiaEnergy and Natural Resources
    Khaitan & Co.
    Khaitan & Co.
  • Article

    Payment Against An Agreement To Sell Is A Duly Enforceable Debt Under The Negotiable Instruments Act

    The division bench of the Supreme Court of India comprising of Hon'ble Justice Dr D.Y. Chandrachud and Hon'ble Justice Mr Hemant Gupta, in its judgment dated 13 March 2019 in Ripudaman Singh v Balkrishna, ...
    IndiaFinance and Banking
    Khaitan & Co.
    Khaitan & Co.
  • Article

    SEBI Circular For Dedicated Debt RFQ Platforms – Brokers Allowed To Bid On Behalf Of Their Clients

    The Securities and Exchange Board of India (SEBI) has, by its circular dated 19 October 2022 and bearing reference number SEBI/HO/DDHS/DDHS_Div1/P/CIR/2022/142 (2022 RFQ Circular), widened...
    IndiaFinance and Banking
    Khaitan & Co.
    Khaitan & Co.
  • Article

    Content With A Conscience: MIB's Call For Responsible Depiction Of Drug Use

    On 16 December 2024 the Ministry of Information and Broadcasting (MIB) published an advisory for OTT platforms on streaming content related to narcotic drugs and psychotropic substances (Advisory).
    IndiaFood, Drugs, Healthcare, Life Sciences
    Khaitan & Co.
    Khaitan & Co.
  • Article

    Patent (Amendment) Rules, 2019 Come Into Force

    The Patent (Amendment) Rules, 2019 (Revised Rules) have come into force from 17 September 2019. The key highlights of the Revised Rules are broadly set out below:
    IndiaIntellectual Property
    Khaitan & Co.
    Khaitan & Co.
  • Article

    Draft Amendments To The Telecom Cybersecurity Rules: Strengthening Cybersecurity Or Regulatory Overreach?

    On 24 June 2025, the Ministry of Communications published draft amendments to the Telecommunications (Telecom Cyber Security) Rules, 2024 issued under the Telecommunications Act, 2023, inviting stakeholder comments until 24 July 2025.
    IndiaMedia, Telecoms, IT, Entertainment
    Khaitan & Co.
    Khaitan & Co.
  • Article

    Direct Tax Disputes Resolution Bill Receives President's Assent

    With the intent to reduce the direct tax litigation pending before various courts / appellate forums [i.e. the Supreme Court or High Courts or Income Tax Appellate Tribunal or Commissioner of Income Tax (Appeals)], ...
    IndiaTax
    Khaitan & Co.
    Khaitan & Co.

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