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Bulletins

ISSUE XIII : DIPP’s new outlook: No stop signs, speed limit

May 2011
Prior to April 1, 2010, the Foreign Direct Investment (“FDI”) policy was renewed on a continual basis through Press Notes notified by the Department of Industrial Policy and Promotion
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ISSUE VII : True construction of a contract: Guiding principles

May 2011
Contract manufacturing means a work sub-contracted to any manufacturer by the owner of an intellectual property rights or product design. Depending upon the agreement between the parties, the manufacturer may...
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ISSUE IX : Is the law regarding IMEI number adequate?

April 2011
Every phone, either manufactured in India or outside, has a unique 17 or 15- digit code that identifies a mobile. This code is known as the International Mobile Equipment Identity...
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ISSUE IV : Defence procurement policy & procedure 2011: Highlights

April 2011
As part of the ongoing modernization drive of the Indian armed forces, the central government has increased the allocated expenditure in the defence sector to US$ 37.3 billion approximately.
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ISSUE XV : Tax exemption for a not-for-profit organization

April 2011
In order to promote the welfare of the society, the Income Tax Act, 1961 (“Act”), which is the principal legislation governing taxation laws of individuals as well as companies, LUATION...
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ISSUE VII : RBI’s monetary measures to monitor recession

April 2011
With the world coming out of an economic crisis and India’s inflation rate and rate of interest soaring high, one cannot help but think whether we are heading the same...
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ISSUE V : Real estate market has an eye on stamp duty

March 2011
Stamp duty is a form of tax that is imposed on instruments by which right or liability is or purports to be created, transferred, limited, extended, extinguished or record (“Instrument”)....
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ISSUE ISSUE XII : Amendment to listing agreement : A move towards increased transparency

February 2011
Securities Exchange Board of India (“SEBI”) is the regulatory body, which was instituted with the intent to protect investors’ interest and to keep a close eye on the securities market
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ISSUE XVI : Towards a national IPR policy

February 2011
Intellectual Property Rights (“IPR”) has emerged as an important instrument for socio-economic development. India is witnessing a transition in becoming a market economy and a complete overhaul of laws, policies,...
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ISSUE VI : Change needed in drug pricing regulation of non-scheduled formulation

January 2011
India, being a welfare state as per its Constitution, casts an obligation upon the executive arm of the state to ensure that the interests of the general public are protected....
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