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 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 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 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 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 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 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…
Bhumesh Verma 2 Nov 2018 10:50am
Ease of Doing Business - India takes a giant leap
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In this Diwali season, there’s something more to cheer about India and its economy.The Ease of Doing Business Report 2019 (‘Report’) released by the World Bank manifests India’s massive jump in the rankings by securing 77th rank as against 100th rank in the last year’s report.  On the points indicator, India has improved the scoring to 67.23 from…
Bhumesh Verma 18 Oct 2018 3:01pm
Data localisation row in India - what and why
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Data localization is the prospect of physical data storage and preservation within the borders of a specific country where the data is generated.In an attempt to keep a track of all the data related to the regional transactions of all companies - the Reserve Bank of India (RBI) has made it mandatory for the companies conducting business in India to…
Bhumesh Verma 24 Jul 2018 7:09pm
FDI Reporting Process Simplified
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IntroductionThe Indian government has been consistently making efforts to revamp the entire FDI regime and ease the process of foreign investment. The latest initiative in this regard has been the simplification of reporting process involved in foreign investment process. It was long felt that the prevalent process for FDI reporting was inconvenient…
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