by Majmudar & Partners | Mar 31, 2018 | Employment Law
Introduction On March 16, 2018, the Ministry of Labour and Employment notified the Industrial Employment (Standing Orders) Central (Amendment) Rules, 2018 (the “Amendment Act”), which amends the Industrial Employment (Standing Orders) Act, 1946 (the “Act”) and the...
by Majmudar & Partners | Feb 2, 2018 | Policy & Governance Updates, Tax
Introduction India’s Union Budget (the “Budget”) was announced on February 1, 2018, and the Finance Bill, 2018 (the “Finance Bill”) was tabled in Parliament. Most of the income tax proposals in the Finance Bill will be effective from the financial year commencing on...
by Majmudar & Partners | Jan 25, 2018 | Foreign Investment
Introduction On January 10, 2018, the Indian government approved a number of amendments to India’s Foreign Direct Investment Policy (the “FDI Policy”) with a view to further improve the ease of doing business in India. The reforms cover single brand retail trading,...
by Majmudar & Partners | Jan 17, 2018 | Corporate/M&A
India’s Companies Act, 2013 Over the last five (5) years, India has adopted a new company law regime under the Companies Act, 2013 (the “Act”) and the rules thereunder. Since its implementation, the Act has been amended once in 2015, and various clarifications and...
by Majmudar & Partners | Dec 19, 2017 | Insurance Law, Private Equity and Venture Capital
Introduction On December 5, 2017, the Insurance Regulatory and Development Authority of India (the “IRDAI”) issued the IRDAI (Investment by Private Equity Fund or Alternate Investment Fund in Indian Insurance Companies) Guidelines, 2017 (the “PE Investment...
