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Ground Rules | Ketan Dalal and Vishal Shah 09:14 PM | November 15,2009
Realignment of ownership may involve transfer of shares from a holding co; this should be exempt
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Ground Rules | Ketan Dalal and Vishal Shah 11:04 PM | November 01,2009
RBI has operationalized IDRs under the exchange control regime
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Ground Rules | Ketan Dalal and Vishal Shah 09:16 PM | October 18,2009
Indian promoters are, generally, hands-on when it comes to running (and not just managing) the business
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Ground Rules | Ketan Dalal and Vishal Shah 10:58 PM | October 04,2009
Under the current law (Section 196D), payment of sale proceeds on shares and other securities of FIIs is exempt from TDS
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Ground Rules | Ketan Dalal and Vishal Shah 01:15 AM | September 21,2009
TDS provisions under the current law are complex, with multiple overlaps, and this leads to ambiguity and confusion
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Ground Rules | Ketan Dalal and Vishal Shah 09:51 PM | September 06,2009
The openness of the legislators in seeking public debate and feedback on the law is an even bigger gesture of a mindset change
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Ground Rules | Ketan Dalal and Vishal Shah 11:39 PM | August 23,2009
The code’s objective of simplifying the rules is welcome, but an equally important emphasis is on being compatible with the needs of a fast developing economy and international practice
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Ground Rules | Ketan Dalal and Manish Desai 10:04 PM | August 09,2009
Firms have less flexibility in delisting and promoters’ ability to hike their stake has been curtailed
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Ground Rules | Ketan Dalal and Manish Desai 09:29 PM | July 26,2009
The AAR ruling is the latest judicial decision to establish that such payment is not royalty
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Ground Rules | Ketan Dalal and Manish Desai 08:50 PM | July 12,2009
Amendments introduced with retrospective effect are becoming more frequent in the budget proposals every year
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Ground Rules | Ketan Dalal and Manish Desai 08:50 PM | June 28,2009
These contracts are awarded through global tenders inviting bids from companies with proven track record and experience in completing complex projects
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Ground Rules | Ketan Dalal and Manish Desai 08:42 PM | June 14,2009
To open a liaison office in India, a foreign firm is required to obtain prior approval from the RBI
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Ground Rules | Ketan Dalal and Manish Desai 01:15 AM | June 01,2009
The coming Union budget is awaited keenly as a key document of the new government’s thinking and policy direction
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Ground Rules | Ketan Dalal and Manish Desai 08:53 PM | May 17,2009
To grant some relief to “zero tax” companies, the difference between the regular tax payable under normal provisions of the Act and MAT is allowed as credit to be carried forward to set off against the regular tax liability of future years
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Ground Rules | Ketan Dalal and Manish Desai 06:39 AM | May 04,2009
The new government will shortly assume power and one hopes the compelling need of the economy will be part of its list of priorities
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