This is the third and final segment of ELP's article series on Financial Action Task Force (FATF) and its significance against the backdrop of the upcoming Mutual Evaluation in India.

The Indian Government's new Foreign Trade Policy, 2023 capitalizes on these opportunities and has set ambitious aspirations for India's role in the global market.

After a long await, last Friday (December 19, 2014) finally saw the Finance Minister, Mr. Arun Jaitley table the Constitutional (One Hundred and Twenty Second Amendment) Bill, 2014 ('Amendment Bill') in the Lok Sabha.

At the heart of Customs law lies the quest to appropriately determine the pricing of goods sought to be imported or exported out of a jurisdiction.

Certain key decisions with respect to regulatory framework for related party transactions and co-investment by investor of Alternative Investment Fund through portfolio management route have been implemented.

Collection of stamp duty by the stock exchange or clearing corporation.

The year 2021 was an eventful one for global trade, with the world economy still struggling to bounce back from the effects of COVID-19.

Vide Notification No. 81/2023 dated September 25, 2023, the Central Board of Direct Taxes (CBDT) has notified amendment to Rule 11UA of the Income-tax Rule, 1962 (Notified Rule)...

The DISCOM is to release the EMD within 15 days of the date of issue of the letter of award to selected SPG(s).

These questions consequently prompted this article to delve deeper and understand the process of extending timelines for ongoing arbitrations in India.

SEBI has issued a revised process for obtaining prior approval of SEBI for any proposed change in control of the sponsor and/or manager of an AIF involving a scheme of arrangement under Company law

The Indian footwear industry, a dynamic and expansive sector, has achieved remarkable growth, solidifying its position as the world's second-largest footwear manufacturing hub, rivalled only by China.

The CEPA is of strategic importance to India. UAE is currently India's third largest trade partner and second largest export destination after USA.

Vide Indian Union Budget of 2022 a new tax regime has been introduced for taxing Virtual Digital Assets ("VDA") in India with effect 1st April 2022.

Given below are some key news updates from the past week pertaining to international trade and customs both from India and around the world.

Robin Hood effect is when the less well-off gain economically at the expense of the better-off.

Traditional brick-and-mortar retailers worry they will be pushed out by the rise of e-commerce in the country...

The High Court of Bombay in Viraj Profiles v. The State of Maharashtra & Ors. and other related tagged matters has relied upon a judgement of the High Court of Gujarat wherein it laid down that Stamp Duty is not leviable on a BoE.

Housing finance plays a pivotal role in shaping the socio-economic landscape of any nation, serving as a catalyst for infrastructure development, economic growth, and social stability.

It is proposed that the Government will continue its efforts to remove criminal liability under the Companies Act, 2013.