In what’s seen as an enormous aid for the trade, the Centre proposes to exempt reporting sure notifiable M&A transactions to the Competitors Fee of India (CCI). That is anticipated to cut back the trade’s compliance burden and facilitate ease of doing enterprise. A draft of the Competitors Fee of India (exempted mixture) Guidelines 2024 … Read more
In an industry-friendly transfer, the Centre has revised upwards the merger submitting thresholds underneath the competitors regulation for ‘mixture’ transactions. The Company Affairs Ministry (MCA) has in two separate notifications revised the ‘de-minimis’ or small goal exemption threshold for exempting M&As from the purview of Competitors Act. It has additionally concurrently revised upwards the ‘jurisdictional’ thresholds … Read more
India is among the greatest locations globally to begin a enterprise at present and positioned second amongst 49 nations, in line with the brand new International Entrepreneurship Monitor (GEM) 2023/2024 Report, launched this week. The insights are primarily based on a survey carried out with consultants in India the place they had been requested to … Read more
Finance Minister Nirmala Sitharaman on Saturday stated the initiatives of the Customs division like Faceless Evaluation and Single Window Clearance must evolve with the general goal to develop commerce as each associate must collaborate to assist India’s GDP surpass $5 trillion by 2027-28. Additionally learn: Nirmala Sitharaman to equal Morarji Desai’s document with sixth consecutive … Read more