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NISHITH DESAI ASSOCIATES
NGOs lose foreign donation nod for failing to use fundsThe Indian government is taking action against non-profits holding unused foreign funds. Registrations are being cancelled for organization...
Veteran Lawyer Poornima Hatti leaves Samvad Partners to launch independent practicePoornima Hatti, a dispute resolution partner at Samvad Partners, has retired from the firm. She is now setting up her own counsel practice....
Wealthy Indians turn to alter ego trusts to manage succession planning and avoid court proceedingsWealthy Indians are adopting alter ego trusts for smoother wealth transfer. These trusts help bypass lengthy court processes and potential ...
Veteran lawyer Vyapak Desai leaves Nishith Desai Associates to launch independent practiceVyapak Desai, a prominent legal expert, is set to leave Nishith Desai Associates. After two decades, he will begin his own independent cham...
Tiger Global to move court over denial of tax relief on Flipkart stake saleTiger Global entities had approached the AAR after the Income Tax Department rejected their application seeking benefits under the India-Ma...
It is not healthy for us to flip-flop on taxation: Nishith DesaiThis is not the way to bring laws. Every time, we hit a bad situation, we start reversing.
ET Awards 2018: Kumar Birla, Sachin Bansal opt for the best ties to pair with their suitsHere's how the top honchos made a style statement with ties for The ET Awards.
USIBC forms India Advisory Council to enhance bilateral tiesIndia Advisory Council is a group of India-based leaders of American and Indian cos that "play an important role in helping create that str...
Data miners may require new safety helmets post Supreme Court verdict on privacyIndustry experts said there would now be greater onus on companies on how they share data and take consent for collecting personal informat...
'Google Tax' detrimental to startup ecosystem: ExpertsExperts feel that the levy could be increased to 8 per cent from the present 6 per cent along with the scope, which could be exacerbated wh...
Tax notice to Vodafone will be contrary to PM Narendra Modi's statement: Nishith Desai, Nishith Desai AssociatesNishith Desai, Nishith Desai Associates, says that if the tax notice is enforced then it would run contrary to what PM Modi has been talkin...
Law firms launch Society of Trust and Estate Practioners in IndiaThe Society of Trust and Estate Practioners, or STEP, initiated its India chapter on Tuesday.
Govt asks Taxi Aggregators to Comply or Stay BannedET on Tuesday that the onus was now on Uber and other app-based aggregators to fulfill the requirements of the amended Delhi Radio Taxi Sch...
- GTI Capital invests in Brattle Foods
Other firms GTI Capital has invested in, include Air Works India, Nova Medical Centers and Orissa Cement.
- GAAR needs to have clear safeguards: Nishith Desai
The retrospective clause and GAAR are slightly different issues. Certainly it will require some kind of grandfathering.
- GAAR proposal will be a dampner for FIIs and other strategic investors: Mahesh Kumar, Nishith Desai Associates
Mahesh Kumar, Senior Associate, Nishith Desai Associates, in an interview with ET Now, gives the legal perspective on GAAR issue. Excerpts:-
- RBI mulls ECB rules for escrow accounts
RBI says put option makes an investment debt so stricter ECB rules should apply.