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Taxability of non-compete fee has been a bone of contention in several acquisitions. Prior to 2003, the Income-Tax Act ("Act") did not provide for taxing of non-compete fee,

The regulation of virtual currencies ("VCs") has encumbered a chequered history throughout the world and India is no exception. The Indian government has been moving back and forth between the decision...

The Hamcor decision highlights the need to take these immunity provisions into account in the decision making processes.

February passed with no further formal communication from MEM or TPDC on the status of the Natural Gas Policy though TPDC and the Minister of Energy and Minerals have made informal pronouncements suggesting that progress has been made.

We've rounded up our latest resources into one place so that you don't have to! In case you missed any of our updates from last month, read on.

Most, if not almost every matrimonial settlement agreement that I have seen contains language providing that modifications to the agreement must be in writing to be effective.

Oregon is the first state in the country to offer controlled use of psilocybin to the public. As we detailed in a prior Update, the state had finalized regulations.

In Chalker Energy Partners III, LLC v. Le Norman Operating, LLC, the latest in a series of commercial decisions from its 2019/2020 term, the Texas Supreme Court went back to basics...

The Ministry of Corporate Affairs notified secretarial standard 2 ("SS-2") on April 23, 2015 which came into effect from July 1, 2015.

Derivative is a financial contract that derives its value from a specific market reference, such as a common stock, index, interest rate, commodity, or currency.

The growth of international arbitration has helped in reducing the transaction costs of business through quick resolution of disputes.

On March 31, 2011, the Federal Trade Commission ("FTC") and the U.S. Department of Justice ("DOJ") released a joint Proposed Statement of Antitrust Enforcement Policy Regarding Accountable Care Organizations Participating in the Medicare Shared Savings Program (the "ACO Statement" or "Statement").

The August Agent Update highlights key updates for employment taxes, including PAYE Settlement Agreement deadlines for 2023/24 (due October 2024), new terminology for tax year adjustments, student loan management for employers, and updated guidance for sole traders starting businesses.

Demand for new passenger cars in the European Unions increased nearly 11% in March 2015 compared to March 2014, according to the European Automobile Manufacturers Association.

India is the second largest producer of cement in the world, only after China. The cement industry is a vital part of the Indian economy, employing millions of people directly or indirectly.

The complexity shrouding the issue of criminality of a corporation was settled by the Supreme Court ("SC") in Iridium India Telecom Ltd. v. Motorola Inc. case.

Regulation of Indian employment matters is a concurrent subject and covered by both central and states' laws.