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NON COMPETE FEES
Online gaming money tax dispute: GST to be charged on full value of the deposit, rules Supreme Court, know how it impacts the playersThe Supreme Court has settled India's online gaming tax dispute. GST will now be charged on the full value of player deposits, not just the...
Why Amazon has struggled to crack IndiaAmazon's India strategy is changing: under new leadership, the company is focusing on profitability over rapid growth. This shift comes as ...
A nation of sporting moments, not yet a sporting cultureIndia celebrates sports in flashes, with non-cricket athletes often struggling for recognition and financial security. Despite government s...
Trump wants China's help on Iran. Beijing may have other ideasPresident Trump will ask President Xi for help with the Iran conflict. China is unlikely to fully comply, preferring to maintain its econom...
Laid off by top tech companies? Here’s what you need to negotiate, and why workers over 40 should pay attentionEmployee rights after layoff: Laid-off workers, especially those over 40, have more time and leverage than they realize when reviewing seve...
Spirit Airlines shutting down: why did Spirit Airlines fail and how to get your refunds right nowSpirit shutting down: Spirit Airlines is shutting down today. Spirit grounded all flights now. Two billion dollars in debt killed the carri...
No French, No civic test: France’s exam‑free Visiteur visa Indian HNIs are quietly using as a first step to EU residencyFrance's 2026 immigration reforms, including civic exams and language tests, have caused concern for many. However, the financially indepen...
HDFC Bank exit spotlights board failures; from Satyam Computers to Tata Trusts, governance gaps hit corporates and nonprofits alikeCorporate and social sector boards face governance challenges. Recent events highlight the need for competent, diverse, and cohesive boards...
GIFT City vs Dubai vs Singapore: What you need to know while choosing your investment hubIndian wealth is increasingly seeking global anchors, with GIFT City, Dubai's DIFC and Singapore emerging as key contenders. Each hub offer...
Big relief for MBBS students: NMC directs colleges to collect fees for 4.5 years only, not full courseThe National Medical Commission has directed all medical colleges to charge MBBS fees only for the prescribed 4.5 academic years, not the f...
BlackRock files for Nasdaq-100 fund, expanding competition with InvescoBlackRock is set to shake up the financial landscape with its new exchange-traded fund designed to mirror the Nasdaq-100 index. This initia...
Shriram-MUFG deal may test rules on non-compete fee for promotersJapan's MUFG Bank's $4.4 billion investment in Shriram Finance includes an unusual $200 million non-compete fee to the promoter, Shriram Ow...
Tax dept wants cos to pay GST on non-compete feeSeveral private equity firms, strategic investors and others that have bought businesses and entered into these contracts with the sellers ...
Amfi panel opposes non-compete fee to Max GroupAs per the draft, the share swap ratio of the merger implies a valuation of Rs 22,600 crore for Max Life for minority shareholders.
Max Life promoters negotiating non-compete fee with HDFCMinority shareholders of Max Financial Services will have to approve fee to be paid by HDFC Life to MFS promoters.
Companies can now claim tax deduction on non-compete feesITAT has clarified while ruling in favour of the Indian subsidiary of Swiss specialty chemicals firm Clariant that non-compete fee is reven...
Sharp can't use non-compete fee to lower tax outgo: Delhi High CourtThe order was given on an appeal filed by taxpayer firm, Sharp Business System, a jv between Sharp Corporation, Japan and L&T India.
- Coromandel International acquires 42.2% in Sabero Organics
Coromandel International has acquired 42.2% in Sabero Organics at Rs 160 per share and will also pay Non-compete fees of Rs 38.47 per share...
- Sebi frowns on E.Land’s fee to exiting owners
Sebi has told South Korea’s $7-billion textile chain E.Land to justify the payment of a non-compete fee of 25% to the promoters of Mumbai-b...
- Non-compete fees taxable, rules ITAT
Non-compete fees are capital expenditure and therefore liable to tax, according to a recent ruling by the Income-tax Appellate Tribunal, De...