Bhumesh Verma 21 Jan 2019
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
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
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
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
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…
Gebreala Gebri 3 Jan 2019
Legal requirements to invest in Ethiopia and rights of investors
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Ethiopia highly encourages foreign direct investment. To get the best out of foreign investment in the country, Ethiopia has issued a number of regulations. One of the most vital rules is the Investment Proclamation. As a post-socialist country, Ethiopia has opened sectors for private investment in various fields. However, there are minimum capital…
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Our achievements in 2018... 1. Our law firm LexStreet Advisors LLP, Advocates & Solicitors, started by 3 highly experienced law professionals, successfully completed 4 years of operations. We made remarkable presence in legal fraternity in Mumbai & we expanded our operations to Ahmedabad, Baroda, Pune & New Delhi. 2. We, joined Mr. Bhumesh…
Kanika bhardwaj 24 Dec 2018
5 Mistakes done while signing an agreement/contract.
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1-Arbitration - This clause is most crucial one that decides that dispute in future will be handled by arbitrators which means right to file recovery in court gets relinquished automatically. Also take care that entire process of appointing the arbitrators is elaborated. Thus read this clause twice before signing or take consultation from a legal counsel.…
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