Goods and Service Tax (“GST”) is a comprehensive tax on manufacture, sale and consumption of goods and services, that will absorb most of the indirect taxes levied by Central and State Government. Currently the GST is adopted in over 150 countries. If passed, GST Bill...
Shareholder Activism – What is? Any act of the shareholder(s) of a company which results in either influencing or changing the behavior and / or decision of the company, either through its management or otherwise. Issues on shareholder activism and corporate...
Marketing of financial services and products is probably the most regulated field in India. Despite this, potential customers regularly get convinced about buying investment products which are inconsistent with their needs and future plans. In this article, I will...
This post is about some famous financial frauds in India over the last few years. These certainly are not the only ones and as in past, in future there will be more. Harshad Mehta (1990 – 92) Known as the big bull – is perhaps the most familiar name when it comes to...
In order to have one integrated policy on foreign investment, the Indian securities market regulator i.e. Securities Exchange Board of India (“SEBI”) has introduced the Foreign Portfolio Investors Regulations (FPI), 2014. The FPI Regulation, 2014 replace the existing...
