Buyback of shares – whether a tool for repatriation?
01 Mar 2013 | Anil Talreja
The proposed provisions will have a significant adverse impact on non-resident foreign investors who have made investments from countries such as Mauritius, Singapore, etc. where buy-back of shares would not have been taxable in India due to availability of tax treaty benefits.
Big controversy: Section 90 amendment regarding tax residency certificates (TRC)
01 Mar 2013 | Ashok Wadhwa
Whilst the mathematics behind the FM’s FY14 deficit target of 4.8% appears credible and whilst GAAR has been postponed by two years (as per the Shome Committee’s recommendations), the fine print of the Finance Bill says that a TRC is not sufficient to avail of the DTAA benefits. Furthermore, this is applicable from 1 April 2013.
Budget 2013: Thumbs up or down for Private Equity
28 Feb 2013 | Tushar Sachade
The finance minister’s proposals have been a mixed bag for the private equity players.
Budget 2013: A mixed bag for foreign institutional investors
28 Feb 2013 | Sunil Gidwani & Tushar Patel
Various amendments have been proposed impacting Foreign Institutional Investors – while some of them provide welcome relief in terms of reduction of operating costs and opening up further investment opportunities, others may increase tax burden.
Budget 2013: Not enough reason for PE/VC community to smile
28 Feb 2013 | Anish Sanghvi & Alka Mohta
The budget fails to allay fears of the investors who were shying away from making investments in India-dedicated funds due to the tax and regulatory uncertainties.
2013-14 to mark the onset of golden vintage returns
04 Feb 2013 | Madhav A Chanchani & Shrija Agrawal
The growth slump that helped sift froth in the market combined with cautious fund managers could make this one of the best years to invest, say VCCircle deal outlook survey respondents.
The great reflation and the coming boom
29 Jan 2013 | Saurabh Mukherjea
The combination of unprecedented monetary stimulus and economic stablisation in the West is creating the recipe for a boom in stockmarkets around the world.
Capital flows mitigating wider current account gap pressure
07 Jan 2013 | Siddhartha Sanyal & Rahul Bajoria
Current account deficit is likely to stay elevated India’s merchandise trade deficit and current account deficit have been elevated in recent months, and are set to remain so for the near future, in our opinion.
Top 50 Key highlights of the Companies Bill 2012
04 Jan 2013 | Team Corporate Professionals
The Lok Sabha has passed the much awaited Companies Bill 2012 on 18th December, 2012. The Bill is all set to replace the 56 year old Act.
Paring hazards linked to PE/VC investment valuation norms
03 Jan 2013 | Anil Talreja, Urmi Rambhia & Pratik Gadhia
PE/VCs generally invest under complex terms and conditions, which are usually tackled by capital structuring mechanisms among other structuring tools.
