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Bulletins

ISSUE VII : The Vodafone case: Opening a pandora’s box

January 2009
On December 3, 2008 the High Court of Mumbai pronounced the highly anticipated judgment of Vodafone International Holdings B.V. vs. Union of India. In this case, the Income Tax department...
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ISSUE XI : Policy updates in certain FISCAL matters

January 2009
n a constant endeavor to help in the process of liberating the Indian economy and preparing the economy to face the brunt of economic downturn, the Reserve Bank of India...
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ISSUE VIII : Role of independent directors under clause 49 of the listing agreement and challenges of corporate governance

January 2009
The recent Satyam saga, where the promoter chairman of the company admitted to manipulation of accounts, inflating sales and profit and cash balances, has triggered an enormous debate in corporate...
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ISSUE IX : Technology and electronic payment system in India

September 2008
The Indian banking system has come a long way from archetypal commerce establishment to a highly proactive and dynamic entity. This transformation is the consequence of liberalization and economic reforms...
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ISSUE III : Lay-off under the industrial dispute act, 1947

September 2008
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...
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ISSUE V: Business connection, permanent establishment, tax treaties: Key consideration

July 2008
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,...
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ISSUE X: Liberalization in overseas investment & ECB

July 2008
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,...
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ISSUE VII : Capital markets: Summer innovations

June 2008
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...
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ISSUE VII : Aviation in India: Great challenges and great opportunities

June 2008
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...
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ISSUE IV: A glimpse of budget 2008-09

April 2008
The Finance Minister Mr. P. Chidambaram, presented the 5th budget on February 29th, 2008 on an inspirational note that the Indian economy recorded a growth rate of over 8% up...
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