Articles
Thursday, Mar 09, 2017

Affordable Housing – An opportunity for both buyer and seller

In the recent Budget of 2017, the Government has accorded infrastructure status to affordable housing and taken other steps, including a pledge to build one crore rural homes in two years to help provide housing for all by 2022.
Accordance of infrastructure sector status to this segment of real estate will help increase the much needed supply of affordable homes. Developers are expected to have access to cheaper institutional funds (including ECBs, insurance and pension funds) and tax exemptions to improve margins, which may induce developers to provide such housing.
Buyers, especially for
Wednesday, Mar 08, 2017

FinTech – A new concept in the era of Digitization

FinTech describes a business that aims at utilizing modern technology and software to provide efficient and superior financial services platform to institutions and end users. FinTech companies are accelerating the pace of change and are reshaping the financial services industry radically. Financial service providers like banks are recognizing the potentials of the FinTech. It is clear, however, that the disruptive innovations of FinTech cannot wholly eliminate or completely decimate the traditional banking or finance, but is expected to go a long way in establishing a clear footprint towards
Friday, Feb 17, 2017

ISSUE OF CONVERTIBLE NOTES BY START UPS – A BIG LEAP

"The Reserve Bank of India (RBI) vide Notification dated 10th January, 2017 introduced a new instrument for Start up companies named as ‘Convertible Notes’ by amending the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2000 (Regulations) through issue of Foreign Exchange Management (Transfer of Issue of Security by a Person Resident Outside India) (Fifteenth Amendment) Regulations, 2016 (Amendment)."
Monday, Feb 13, 2017

GST – A ROLLOUT PLAN

“GST shall strive to make India a One Tax Nation proving to be biggest reform to check misreporting or non reporting of the transactions in the books of account.
GST would be critical step to redefine the policy mechanism. Basic exemption threshold would be reduced to an annual turnover of INR 20 Lakhs.”
Thursday, Jan 12, 2017

Start up India – Progress so far

"It is seen that the last two years have seen a swing of initiatives and agendas announced by the government – starting with National Digital Literacy Mission with its worthwhile agenda of enabling one person in each Indian family to have digital skills, we have seen Swach Bharat Abhiyan, Make in India, Start up India and the more recent demonetization drive and the ‘Cashless India’ opportunity capturing the imagination of the country. "
Wednesday, Jan 11, 2017

A NEW WAY AHEAD OF DEMONETIZATION – DIGITAL AND CASHLESS ECONOMY

"In the repercussion of the cancellation of the legal tender character of old INR 500 and INR 1000 notes, there has been a surge in the digital transactions through use of credit/debit cards and mobile phone applications/e-wallets etc. To further accelerate this process, the Central Government has come out with various incentive packages and measures for promotion of digital and cashless economy in the country. Digital India is a programme initiated to prepare India for a knowledge future. "
Wednesday, Dec 07, 2016

An Insight – Taxation (Second Amendment) Bill, 2016

"In order to bring more clarity and to capture the possible concealing black money, the Taxation Laws (Second Amendment) Bill, 2016 (“the Bill”) was introduced in Parliament to amend the provisions of the Income Tax Act, 1961 (Act) to ensure that defaulting assesses are subjected to tax at a higher rate and with stringent penalty provision."
Wednesday, Dec 07, 2016

Demonetization of the Indian Currency - Effect on the Economy

“A recent move of the Central Government exercising its powers u/s 26(2) of the Reserve Bank of India Act, 1934, to withdraw the legal tender character of existing bank notes in denominations of ₹ 500 and ₹ 1000 issued by Reserve Bank of India (RBI) is unprecedented. The demonetization of ₹ 500 and ₹ 1000 banknotes was a policy enacted by the Government of India on 8th November, 2016. All ₹ 500 and ₹ 1000 banknotes of the Mahatma Gandhi Series ceased to be legal tender in India from 9th November, 2016”
Tuesday, Nov 08, 2016

Real Estates Rules Tightened – A Check on the Real Estate Market

“Real Estate Rules Notified - 70% Of Unused Amounts Collected For Ongoing Projects To Be Kept In A Separate Bank Account, Promoters To Declare Original Sanctioned Plans, Changes Made Later, Fresh Timeline For Completion of Ongoing Projects Registration of Projects With Regulatory Authorities Incentivized By Reducing Fee Substantially, Interest To Be Paid Both By Promoters and Allottees Is SBI Marginal Cost Lending Rate Plus 2%, Promoters to Make Public A Host of Information And Report Quarterly Progress To Enable Informed Decisions By Buyers”
Tuesday, Nov 08, 2016

Real Estate Asset Management – A paradigm shift in Indian Investment Market

India was a top investment destination in the mid to late 2000’s. Even after the Global meltdown of 2008 India has remained one of the top investment destination and it continues to show a vast potential for foreign investment and foreign players.
Friday, Oct 07, 2016

Cyber Security Due Diligence in M&A Transactions – A Prerequisite

Cyber Security Due Diligence is defined as the review of governance, processes and controls that are used to secure information assets.
Tuesday, Sep 06, 2016

The Maternity Benefit (Amendment) Bill, 2016 – A Transformation in the Labour Law

The much awaited transformation in the Labour Law empowering women employment, the Maternity Benefit (Amendment) Bill was passed by Rajya Sabha on 11th August, 2016. While the bill is yet to be passed in Lok Sabha. The bill highlights the increasing the period of maternity leave from 12 to 26 weeks for Organized Formal Sectors.
Thursday, Jul 07, 2016

Model GST Law – A Tax Law Transformation

"The GST Act 2016 has been for the first time made public in June 2016 by the Indian Government. The government is planning to introduce the Act w.e.f. 1st April, 2017 and proposes to pass the 122nd Constitutional Amendment bill, 2014 in the upcoming monsoon session of the parliament”
Tuesday, Sep 06, 2016

Masala Bonds – A New-fangled way of raising money

“Masala Bond is a kind of financial instrument through which Indian entities can raise money from overseas Markets in rupee and not in foreign currency. Indian rupee denominated bonds issued in offshore Capital markets.”
Wednesday, Aug 03, 2016

Brexit – An Open Challenge for The Indian Economy

“Withdrawal of United Kingdom (UK) (Britain) from the European Union (EU) is termed as Brexit, it is term that refers to the June 23, 2016 referendum where the British voters agreed to exit the EU. The referendum shook the global markets leading to downfall in the currency British pound to its lowest level in decades”
Wednesday, Aug 03, 2016

NCLT and NCLAT Rules 2016 – A Transformation in the Corporate Law Judiciary

“National Company Law Tribunal (NCLT) and National Company Law Appellate Tribunal (NCLAT) under the Companies Act, 2013 was notified by the Ministry of Corporate Affairs (MCA) on 1st June, 2016. For the working of the provisions of the sections for establishment of NCLT and NCLAT, the Government has now provided with the rules governing the functioning of the tribunals.”
Tuesday, Jun 07, 2016

Insolvency and Bankruptcy Code 2016 – A dawn in the era of Credit Market Laws

"A transformation in the Indian Economic reform with the passing of the Insolvency and Bankruptcy Code 2016 (hereinafter referred as ‘Code’) with regard to the functioning of the credit market in India. This shall provide a big boost to Ease of doing business in India. The law has been enacted with a vision to encourage entrepreneurship and innovation which will further boost the startups in India. "
Tuesday, May 03, 2016

The Real Estate (Regulation and Development) Act, 2016 – Effect on the buyer and developers of the Property

“Real Estate (Regulation and Development) Act, 2016 established to regulate and keep an eye on all the norms applicable on real estate industry – setting up of RERA and real estate appellate tribunals.”
Monday, May 02, 2016

Start – up India – A Campaign to Boost the Business in India

“Startup entity means an entity incorporated or registered in India not prior to five years with an annual turnover not exceeding 25Cr and can be in the following forms- Partnership firm, LLP or a Private Limited Company”

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