News Articles

Indian equalisation Levy: What CFOs need to be mindful of?

The changes in the equalisation levy law proposed in the Budget pose significant challenges for CFOs, writes AKM Global Partner Amit Maheshwari.

FEMA UPDATE: Cabinet approves proposal for Review of Foreign Direct Investment ('FDI') policy on various sectors

On August 28th 2019, the Union Cabinet chaired by Prime Minister Shri. Narendra Modi approved proposal for review of the current Foreign Direct Investment ('FDI') policy on various sectors. 

Key Changes In External Commercial Borrowings Policy And Companies Amendment Act, 2019

The Reserve Bank of India recently relaxed the End use stipulations under External commercial borrowings framework for corporates and non banking financial companies (NBFCs). Also the Companies (Amendments) Act 2019 has been notified on july 31, 2019. On one hand the Amendment retains most changes brought about by the Ordinance to rationalize penalties and the ease compliance burden on businesses and on the other, the amendment also retains the Crackdown provisions on Black Money and Shell companies.

India Union Budget Highlights 2017-18

Startups and the hoopla around their sky high valuations

Publication: The Financial Express

The article by written Sumit Maheshwari, Partner, Ashok Maheshwary & Associates LLP in The Financial Express on Startups and the hoopla around their sky high valuations.