Direct tax collection and management in India has witnessed significant reforms in the recent years. However, disputes management is still a challenge for both- assessees as well as the tax authorities.

India's medical devices sector is growing fast. The market size of the medical devices sector in India was estimated to be USD 11 billion (approx. INR 90,000 crores) in 2020 with a 1.5% market share...

Following changes have been introduced by Ministry of Finance and SEBI...

Dispersion Unshifted Single-mode Optical Fibre (SMOF)...

DG Okonjo-Iweala urges members to seize the opportunity to deliver meaningful outcomes at the upcoming 12th Ministerial Conference (MC12) scheduled to be held in Geneva on 12-15 June

Effective from August 1, 2023, taxpayers with an annual turnover of more than INR 5 Cr will be recognized as "class of registered person" who will be mandated to generate e-invoice.

The Insolvency and Bankruptcy Code, 2016 (the Code), introduced in India, represents a significant reform aimed at streamlining the resolution of distressed assets and maximizing their value...

This week, we analyze the decision of Supreme Court in the case of Central Organisation for Railway Electrification V. ECI-SPIC-SMO-MCML (JV) A Joint Venture Company.

The Hon'ble Finance Minister presented the Union Budget 2020 on February 1st. The attached booklet contains an analysis of key announcements which will have impact on businesses.

SEBI has notified amendments to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR Regulations) vide the Securities and Exchange Board of India...

The India-UAE Comprehensive Economic Partnership Agreement (CEPA) is the first major agreement that India has signed in over a decade.

The question of whether a guarantor is discharged from liability when a resolution plan for the principal debtor is approved under the Insolvency and Bankruptcy Code, 2016 (IBC)...

The Indian Evidence Act, 1872 (IEA) has been replaced by the Bharatiya Sakshya Adhiniyam, 2023 (BSA), marking a significant step towards modernizing India's justice delivery system.

On March 12, 2024, the MCA published the Report of the Committee on Digital Competition Law of the Committee on Digital Competition Law along with a draft of the Digital Competition Bill, inviting public comments until May 15, 2024.

In the first part of this three article series, we discussed the essence and magnanimity of the Financial Action Task Force as the global regulator of member countries for combating money laundering and terrorist financing.

The final part of this three-part comprehensive series on the legal framework governing BIS license, discusses in detail the procedures to be followed for obtaining BIS licence from the relevant authorities in India.

The Arbitrator's power to grant post-award interest on the total sum of principal plus interest awarded has had a chequered history in courts, dating back to decisions under Arbitration Act, 1940 ("1940 Act").

A key issue under the Act was that a petition for setting aside the award, filed under section 34 by an award debtor, meant an automatic stay against the enforcement of the award3

Petroleum products are outside the coverage of GST. Consequently, these products suffer non-creditable GST and other costs/taxes on their procurement which leads to a cascading effect.

The Hon'ble Supreme Court's recent judgments on Section 45 of the Prevention of Money Laundering Act, 2002, have constituted a marked change in the approach adopted by courts regarding bails in cases concerning the offence of money laundering.