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FDI POLICY FOR DEFENCE 2017: WILL IT…

  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.…

CANCELLATION AND REVIVAL OF SPIKE PROGRAMME: LESSONS…

    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…

Foreign Funding: Regulatory Compliances

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…

Changes in foreign direct investment in 2016

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…

Amendment of double taxation treaty between India…

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…