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Deemed Dividend under Section 2(22)(e) – Shareholders to Watch-out!

Deemed Dividend under Section 2(22)(e) – Shareholders to Watch-out!

Dividends traditionally have been taxable either in the hands of the company as Dividend Distribution Tax or in the hands of the shareholders as 'Income…

Limited Liability Partnership needs to disclose the Significant Beneficial Owner

Limited Liability Partnership needs to disclose the Significant Beneficial Owner

The Ministry of Corporate Affairs (MCA) had introduced the concept of Significant Beneficial Ownership (SBO) for Limited Liability Partnerships (LLPs) vide notification dated 11 February…

Dematerialization of Shares in Private Limited Companies

Dematerialization of Shares in Private Limited Companies

In simple terms, dematerialization refers to the substitution of paper-form securities such as share certificates with an entry in the books of accounts/balance sheet for…

Incentives for New Manufacturing Set Ups in India

Incentives for New Manufacturing Set Ups in India

India's push for local manufacturing is evidenced by the various government incentives offered to attract increased investment. With its dynamic market and strategic geographic position,…

India-EFTA Trade & Economic Agreement: A Win-Win Deal

India-EFTA Trade & Economic Agreement: A Win-Win Deal

In March, India marked a pivotal milestone in its pursuit of sustainable development, economic growth, and strengthening of its international trade presence by signing the…

Navigating the New Trade Agreements – A Strategic Guide for Exporters

Navigating the New Trade Agreements – A Strategic Guide for Exporters

India's recent endeavors in bilateral and Free Trade Agreements (FTAs) signal a transformative era for various stakeholders. With an aim to reduce tariffs, improve market…

Valuation of Optionally Convertible Debt Instruments

Valuation of Optionally Convertible Debt Instruments

Convertible securities emerged during the nineteenth century in the U.S. This was during a period in which securing capital in a swiftly expanding nation posed…

How GST ensured fast credit growth to MSMEs

How GST ensured fast credit growth to MSMEs

The Finance Ministry has expressed confidence that India’s economy is poised to become the world’s third largest within the next three years, with a projected…

Substance and Significance of Beneficial Ownership Provisions

Substance and Significance of Beneficial Ownership Provisions

This article focuses on the substantive provisions relating to the declaration of beneficial ownership in a company.

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