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2025: A year to watch for International Tax Developments
The international tax landscape is off to a dynamic start in 2025. On one hand, President Donald Trump, after assuming office on 20th January, announced the U.S.’s withdrawal from its commitment to OECD’s global minimum tax, sparking uncertainties around Pillar…
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What do Consequential Damages Mean?
Consequential damages, as the name suggests, refer to the compensation granted to one party for the harm or loss they experience as a result of a breach of the terms in an agreement. These damages are primarily linked to financial…
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Update in Master Directions on Foreign Investment in India
DOWNLOAD FULL PDF The Reserve Bank of India has updated its Master Directions on Foreign Investment in India (FED Master Direction No.11/2017-18) as of August 08, 2024, introducing key definitions and clarifying various provisions. Among these updates, the validity of…
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