Insights
Planning for the future is not just about safeguarding the assets, it is also about minimizing tax burdens. In India, strategically structuring the will can minimize tax burdens and leave behind a legacy for the heirs. Assets passed on through inheritance may be subject to various taxes. However, as of the current regulatory landscape, India does not impose
An Overseas Citizen of India (“OCI”) is a foreign citizen who has a special status in India granted by the OCI scheme. People of Indian origin and their spouses may live and work in India permanently with OCI, a type of permanent residency. Along with the privileges like land ownership and other investment opportunities, it grants cardholders lifetime entrance into the nation
Indian citizens who reside and work outside of India’s borders are non-resident Indians. The Non Resident Indian (“NRI”) status is given to Indian citizens, who stay abroad for 182 days or more in one financial year. When individuals work abroad, they are subject to paying taxes in the respective country
Setting up a One Person Company (“OPC”) in India is a streamlined and beneficial way for solo entrepreneurs and small business owners to formalize their businesses. An OPC offers limited liability and legal recognition while allowing a single individual to own
Social media platforms have played a major role in the increase of defamation lawsuits in India. The ease, affordability and anonymity of internet access have led to an increase in defamation cases. Social media platforms like Facebook & Twitter amplify statements, allowing them to reach vast audiences
Political unrest management is a crucial component of crisis management in India, as the country has a long history of political demonstrations, protests, and other forms of public discontent. Unrest can quickly escalate and cause widespread disruption, violence, and loss of life, which is why it is essential for the government
The Whistle Blowers Protection Act, 2014 was legislated with an intention of providing a legal framework to investigate alleged corruption and misuse of power by public servants and to provide protection to persons who charge any wrongdoings against the accused officials. The act established a mechanism to
The University Grants Commission Act, 1956 is an Indian law that governs the establishment and regulation of the University Grants Commission (“UGC”) in India. The UGC is responsible for promoting and coordinating university education in the country and for ensuring the maintenance of standards of education…
