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The Department of Information Technology issued a discussion draft on National Cyber Security Policy (“Policy”) in the beginning of this year that aims to foster a secured computing environment and adequate trust & confidence in electronic transactions. The IT sector has become one of the...
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As is evident from the recent developments and media reports, the department of Revenue under the Government of India is inclined to bring more and more activities under the tax net.
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Infrastructure Debt Funds (“IDFs”) were mooted in the budget speech of 2011-2012 as notified special vehicles to attract foreign funds for financing infrastructure development projects.1 Accordingly, in order to augment
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The Indian aviation industry is one of the most dynamic industries that has witnessed an exponential growth over the last two decades. The key to this growth has been the liberalization of the Indian economy that led to the open skies policy. This policy brought...
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In July 2011, the Supreme Court of India (“SC”) in “Union of India vs M/S. Krafters Engineering and Ors.”1 pronounced an important judgment pertaining to payment of interest under the Arbitration & Conciliation Act, 1996 (“Act”)
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