Category: India Legal News and Analysis
Arbitration Becomes Regulated in India…Finally!
The Arbitration & Conciliation Act, 1996 (Act) was enacted to overhaul the then archaic Arbitration Act, 1940. It was a well enacted law in those days of early arbitration when court proceedings had not only become lengthy […]
Sweeping Changes to India’s FDI Policy
Liberalisation of India’s economy has always been on the cards in Modi Government’s agenda from the start. However, it chose the time of heavy electoral losses in state of Bihar to announce the goodies for foreign investors. […]
India Tops Global FDI Chart, Attracts Largest Investment & Boosts ‘Make In India’
India’s capability as a top foreign investment destination hit a new high as it emerged the leader in FDI for Greenfield investment. Two high-profile deals were also signed to stamp India’s prominence in this space. India Top […]
India: First Ever States’ Scorecard of Business Reforms Ushers Competitive Federalism
The results of the first ever survey of Indian States on implementation of ease of doing business is out and has thrown up interesting results. A long needed clarification on facility sharing by foreign group companies brings […]
India: Foreign Investment Hits and Tax Reform Misses
The Government of India has complied with its announcements made in the annual union finance budget to set up composite caps for foreign investment. However there was a setback to its tax reforms when the GST Bill could not […]
India Gears Up to Roll Out the Red Carpet for Foreign Law Firms
The Government of India has made up its mind to allow foreign law firms to practice in India. It has virtually crushed all opposition for years altogether in a matter of months. There have been several media […]
India Addresses Implementation Issues In New Company Law
The Government of India has woken up to India’s poor ranking on the Doing Business Report and is taking active steps to get into the roots of the problem. A few more measures were announced in this […]
With Focus on Ease of Doing Business in India, Modi Government Ushers in its First Anniversary
The Narendra Modi led Government, which completes its first anniversary this month, continued its focus on simplifying procedures for ease of doing business in India. The annual updation to the consolidated foreign direct investment policy was published […]
India: Retrospective Tax on Foreign Investment a Step Backward
In the past month the Indian Government took action towards facilitating foreign investment as was promised in the annual Union budget. However, all the beneficial steps were overshadowed by the controversial levy of Minimum Alternate Tax on […]
Regulatory Reforms Indicate India’s Commitment to Foreign Investment
The ‘Make In India’ campaign is going full throttle with the Government initiating key changes to its foreign direct investment policy and the finance budget providing further fillip with slew of regulatory reforms. Further, there is fresh […]
Will India’s new government liberalize the country’s legal market?
Legal markets across the Asia-Pacific region have been liberalized in recent years. Liberalization of the Singapore, Malaysia, Hong Kong, South Korean and Indian legal markets are all at various stages of development. India, arguably, is the least […]
India to lift restrictions on law firm websites
“The Bar Council of India has responded to widespread demands by announcing it is to lift restrictions on law firm websites”, according to a recent report by Melissa Lesh in The Global Legal Post. As Lesh outlined: […]
India’s legal industry growing rapidly
“India[s] legal services industry is growing at a rate of about 40% per annum”, according to a report by Daisy Khanna, of KPO Consultants, a New Delhi-based consulting company which provides business solutions exclusively to the Legal Process Outsourcing (LPO) […]