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FDI POLICY FOR DEFEN...

  There are no surprises for the defence sector in the latest consolidated Foreign Direct Investment (FDI) Policy circular issued by the Department of Industrial Policy and promotion (DIPP) as a part of its annual exercise on 28 August 2017.…

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CANCELLATION AND REV...

    Retraction of RFPs or cancellations of the defence deal at advanced stage has been quite a regular feature of the procurement system in India. To put the record straight, the MoD should mention the reasons for cancellation to…

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Foreign Funding: Reg...

The Foreign Contribution Regulation Act (“FCRA”), 2010 was enacted for regulating the inflow of foreign contribution by individuals, associations or companies and to prohibit acceptance and utilisation of foreign contribution for any activities detrimental to the national interest. FCRA is implemented…

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Changes in foreign d...

Introduction To boost Foreign Direct Investment in India, the government has been constantly liberalizing various sectors. Recently certain other sectors, including the much sought after e-commerce was also opened to foreign investors. The snapshot of the recent changes to the…

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Amendment of double ...

Introduction In orderto plug loopholes in the existing bilateral treaty that inhibit steps to curbblack money, India has signed a protocol agreement with Mauritius to preventevasion of taxes on income and capital gains by entities of either side.According to the…

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Ease in FDI Norms-Ju...

Introduction In order to provide major impetus to employment and job creation in India, the government liberalized its foreign direct investment strategy. Changes introduced in the policy include increase in sectoral caps, bringing more activities under automatic route and easing…

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Law News

New criteria for cla...

In a significant move, the Union Cabinet decided in February 2018 to change the basis of categorisation of micro, small and medium enterprises from the quantum of investment in plant and machinery/equ...

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IPR Issues in Defenc...

The stupendous 30-point jump in the global ease-of-doing business index this year, catapulting India to the 100th position, has overshadowed many factors that impact the business climate in India both...

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New Avenues for Disc...

The Defence Offset Policy introduced in 2005 has been revised in bits and pieces over the years. The only time it was completely revamped was in August 2012 when new Defence Offset Guidelines were pro...

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Rationalization and ...

The Reserve Bank of India (RBI) after receiving suggestions from the corporates and other entities on relaxing the existing External Commercial Borrowings (ECB) framework has decided, in consultation ...

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Supreme Court Says F...

The Supreme Court today ruled that foreign law firms cannot practice in India, but allowed international lawyers to “fly in and fly out” to provide legal advice to their clients in India. The Apex...

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Cabinet Approves The...

In an attempt to make the Indian arbitration stronger and more regularized, the Cabinet has approved the Arbitration and Conciliation (Amendment) Bill, 2018 for introduction in the Parliament. The Bil...

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