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ISSUE XII : Testing of telecom equipments: Changing regulations

Due to the security risk involved, the Indian government made testing and certification of software and hardware of all foreign telecom companies mandatory. Therefore, the Department of Telecommunications (“DOT”) proposed for guidelines for Mandatory Testing of Telecom &...
•September 2012••no comments
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ISSUE III : Statutory permits required to start-up mining activities

Minerals, a non-renewable natural resource are a vital raw material to a number of industries. As these resources are limited and non-renewable, the mining activity requires a lot of licenses and adherence to stringent compliances.
•September 2012••no comments
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ISSUE XX : New dimension to the AAR

In a crucial ruling recently, the Supreme Court of India (“SC”) has held that the rulings of the Authority for Advance Rulings (“AAR”) can be subject to the writ jurisdiction of the High Court (“HC”) under Article 226...
•September 2012••no comments
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ISSUE XXII : TAX ON ROYALTY � CHANGE IN ACCRUAL PROVISIONS

Introduction The government in this year’s budget introduced proposals to change the income tax on royalty. These proposals negated the effect of the Supreme Court of India’s (“SC”) decision in the case of GE India Technology Centre Private...
•September 2012••no comments
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ISSUE XV : Recent amendments in MCA circulars

The Ministry of Corporate Affairs (“MCA”) initiated the practice of issuing circulars in 1983 with the objective to notify the public on important developments relating to the MCA and to provide an effective regulatory framework to the Indian...
•August 2012••no comments
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