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Results: 1-10 of 1,191

GST liability on transferdisposal of assets in lieu of tax liability
  • Lakshmikumaran & Sridharan
  • European Union, India
  • May 24 2017

European Union’s Court of Justice has recently (on 11th May, 2017) held that transfer of tangible property to the State Treasury in settlement of


An international guide to employment law across 28 countries - India
  • Clyde & Co LLP
  • India
  • May 23 2017

Indian labour and employment laws are being reformed steadily to keep pace with modern business needs. The Indian government is making efforts to


Revised valuation norms proposed for unquoted equity shares: bidding adieu to book-value driven approach
  • Khaitan & Co
  • India
  • May 10 2017

Under the Income-tax Act, 1961 (IT Act), when a person receives, inter alia, shares of an unlisted company for a consideration which is less than


SC upholds Delhi HC verdict - racing circuit is PE of Formula One
  • Khaitan & Co
  • India
  • May 5 2017

On 24 April 2017, the Apex Court upheld the decision of the Delhi High Court in the case of Formula One World Championship Limited v CIT, treating the


GAAR - An Indian-Asian Narrative
  • Lakshmikumaran & Sridharan
  • China, India
  • April 28 2017

Taxes are mandatory and necessary. Opinion, however, has been divided on the issue that whether taxes are avoidable? The famed Ramsay judgment held


Applicability of GST on GTA
  • Lakshmikumaran & Sridharan
  • India
  • April 28 2017

The Final GST Act is here, still many issues lack clarity and could result in disputes with the tax authority, owing to different interpretations and


Service charge: Is it a charge or a choice?
  • SS Rana & Co
  • India
  • April 27 2017

In January, 2017, many newspapers and articles covered a story where they reported that the Ministry of Consumer Affairs, Food and Public


Global Employee Equity at a glance: India
  • White & Case LLP
  • India
  • April 26 2017

There is a risk that Plan benefits could be considered part of an employee's salary for the purposes of calculating entitlements on termination of


India - New service tax on all import freighthire
  • Clyde & Co LLP
  • India
  • April 26 2017

An exemption from India's service tax for services provided, or agreed to be provided, by a party located outside India (i.e. In non-taxable


Stamping out risk: contracting for the sale of goods with an Indian counterparty
  • Clyde & Co LLP
  • India
  • April 11 2017

India’s economy is growing and growing fast. In fact, it has the potential to become the world’s 3rd largest economy in the coming decade. Commodity