Bhumesh
Bhumesh Verma 13 Feb 2019 6:26pm
Doing Business in India - a quick reckoner for foreign investors
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Any foreign investor contemplating to do business in India on its own or with an Indian partner must have a well thought out entry strategy in terms of business vehicle. Foreign investors have the option of setting up a company, branch/liaison office or a limited liability partnership (LLP).The most commonly used vehicle is a private limited company.…
Bhumesh
Bhumesh Verma 30 Jan 2019 6:54pm
Supreme Court upholds IBC's Constitutional validity
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In an important judgement, the Supreme Court (SC) has upheld the constitutional validity of the Insolvency and Bankruptcy Code 2016 (IBC) under Article 14 of Constitution of India and dismissed that its provisions were discriminatory in nature.IBC, enacted to eradicate the malice of massive NPAs ailing and crippling India’s banking sector was has been…
Bhumesh
Bhumesh Verma 30 Jan 2019 6:53pm
Tax authorities to catch non-filers
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Nowhere to run, nowhere to hide ….Indian taxmen are getting smarter and the days when filing income-tax return (ITR) was an exception than the norm are all but gone.ITR filing is mandatory for individuals having income above the exempted income limit. It was usual for some individuals to file ITR only in the years when there was substantial income…
Bhumesh
Bhumesh Verma 21 Jan 2019 3:58pm
Some relief to start-ups from Angel tax
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Facing sustained pressure from start-ups and venture capital funds over the so-called angel tax, the government has relaxed norms for seeking exemptions from the controversial levy.The regime was too harsh, arbitrary and a lot of documentation was required, so not many start-ups would or could apply for exemptions. The manifested intent behind these…
Bhumesh
Bhumesh Verma 16 Jan 2019 10:58am
End of Indian e-commerce party ?
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India has been the favourite playground or battlefield, howsoever you may like to call it for e-commerce companies over the last few years. Amazon, Walmart and you name it, everyone has been eyeing a big slice of online business. We saw few Indian e-commerce promoters becoming billionaires and part of the folklore.Now, however, it seems the Indian…
Bhumesh
Bhumesh Verma 10 Jan 2019 11:35am
What an interesting and super busy year 2018 has been
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Numerous domestic / international assignments, 150 plus articles, 1 book, guest lectures / workshops at so many colleges, got involved with IDIA Increasing Diversity by Increasing Access (IDIA), lawyered, Project Abhimanyu and Golden Antlers, 1000s of new connections, launched Global Business Lawyers' League, more than 30 interns and researchers worked…
Bhumesh
Bhumesh Verma 10 Jan 2019 11:31am
Event organised by Increasing Diversity by Increasing Access (IDIA)
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Excellent event and discussions organised by IDIA Increasing Diversity by Increasing Access (IDIA) which witnessed excellent interaction among students, eminent educationists, legal luminaries and above all, judicial fraternity.Rarely does a lawyer get surrounded by students, called to present an award and to receive a token of appreciation at the…
Bhumesh
Bhumesh Verma 10 Jan 2019 11:26am
Don't kill the startup goose by Angel Tax
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It seems the present Indian government, in its last lap now, is doing everything to wipe out the hopes and promises it had made in the run up to last general elections. It was voted to bring in economic reforms, make India more entrepreneur-friendly, create jobs, facilitate investment and so on. WhatAfter dismally failing to bring back any black money…
Bhumesh
Bhumesh Verma 27 Nov 2018 10:48am
Bringing Transgenders in mainstream
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The times are changing, and how.There have been several attempts in recent past by state institutions to protect the rights of transgenders in India. In 2013, an expert committee was set up by the government to scrutinize the social problems faced by transgenders.In 2014, Supreme Court recognized transgender persons’ right to self-identification as…
Bhumesh
Bhumesh Verma 13 Nov 2018 10:23am
Government and Reserve Bank at loggerheads
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Different pillars of an economy must work in tandem for its steady growth – this requires a great level of harmony between the Government and other institutions for this.Past few weeks, however, have been far from it between the Central Government and the Reserve Bank of India (‘RBI’). Their apparent differences on various issues have been hogging…
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