29 January, 2016
With a view to stimulate the development of startups in India and to provide them with a competitive platform, the government of India has unveiled a three pronged plan which covers Simplification and Handholding; Funding Support Incentives; and having an Industry – Academia Partnership and Incubation.
Startups accordingly will be provided wi...
By Shivam Mehta and K. Prathiba
Valuation under Central Excise law has always been one of the areas of dispute and it has again been brought to the fore front of discussions with the recent decision of the Supreme Court in the case of Super Synotex (India) Ltd and Others. In this case, the issue of inclusion of a part of the sales tax amount collected and retained by the manufacturer as allow...
By R. Subhashree
Recently, the United Kingdom released draft of the proposed legislation on ‘Patent box’ – a scheme of tax incentives to corporates that domicile and exploit their patents in UK. The objective is to encourage setting up of manufacturing facilities in UK and creation of jobs. It also aims to improve UK’s competitiveness as compared to other EU countries. Countries like Netherl...
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