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The Industrial Disputes Act, 1947 (the “Act”) governs the various provisions pertaining to lay-off of workmen. The scope of this Act is to achieve harmony between employers and workmen and promote economic and social justice, thereby, classifying the...
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In the course of entering a country for conducting business, a foremost consideration is the potential tax implication. Corporations are generally averse to pay in multiple jurisdictions. As a consequence, tax planning governs entry strategies.
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The Reserve Bank of India (“RBI”) issues notifications and circulars regularly so that the shackles of control are liberalized. These notifications and circulars facilitate cross-border investment and other fiscal activity, both inbound and outbound.
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In an endeavor to simplify the regulatory framework, SEBI has issued two notifications for the capital markets on May 26, 2008 and June 6, 2008. The former is covered in SEBI (Public Offer and Listing of Securitised Debt...
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The Indian aviation sector is undergoing tremendous change. The air traffic (both inbound and outbound) has amplified manifold. There has been a major increase in the FDI in the non-core sector. Media reports talks of manufacturing passenger aircrafts...
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