Framework around ‘Angel Tax’ in India Angel tax refers to a term used in some countries, particularly in India, to refer to a tax that may be imposed on the capital raised by unlisted companies, above the fair market value, through the issuance of shares to the investors. The intention behind introducing angel tax was […]
Angel Tax in India: Considerations and Re-considerations Read More »
The Central Government, in September, 2021, had approved a production linked incentive scheme (“PLI Scheme”) to catalyse the drones and drone components manufacturing industry in India.[1] The PLI Scheme claimed that the drone component manufacturing industry may witness an investment of over INR 5,000 Crore over a period of three years from 2021. The PLI
A Primer on the Drone Rules of 2021 Read More »
Background:In the late of August 2021, PayU (a Netherlands based fintech group) announced acquisition of BillDesk (an Indian payment gateway provider) for a whooping USD 4.7 Billion, which was supposed to be the second largest buyout of an Indian digital technology company after Walmart’s acquisition of Flipkart for USD 16 Billion back in 2018. [1]
What is a Condition Precedent in a Contract? And How is it relevant? Read More »
The term ‘moonlighting’ has found its relevance post-pandemic. Many employees have figured ways to explore the flexibility and spare time to make some extra money. On the other hand, many employers seemed seriously concerned by the dual employment taken up by their employees for many reasons including the leak of confidential and technical know-how, and
Enforceability of a Non-Compete Clause in the Indian context Read More »
India has witnessed multiple folds of growth in the digital economy space in the last decade. The growing ecosystem backed by the reformative policies is expected to boost the country’s digital economy to USD 1 trillion by 2025 [1]. The growth in the digital economy, as a consequence, has propelled the surge in the digital
Digital Lending in India: RBI’s Guidelines Read More »
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