Living with the times

A lawyer who is not up to date with the current legal and regulatory updates is nothing short of dangerous. Therefore, at NovoJuris Legal, we strive to stay current. We are also strong believers of growth of knowledge through sharing. These articles and blogs help us share our research with the world, so that no one has to reinvent the wheel yet again.

  • Remuneration to India Fund Manager of Offshore Funds

    Remuneration to India Fund Manager of Offshore Funds

    Pursuant to the recent notification by the Central Board of Direct Taxes (“CBDT”), there has been an amendment to the income tax rules in relation to the minimum remuneration payable by an offshore fund to its India based fund manager (“Fund

    Sharda Balaji
    By Sharda Balaji 24 days ago
  • RBI opens Rupee Interest Rate Derivatives market to Non-Residents for hedging and trading in India

    RBI opens Rupee Interest Rate Derivatives market to Non-Residents for hedging and trading in India

    The Reserve Bank of India (“RBI”) on 27 March 2019, announced that a Non-Resident[1] shall be given access to the Rupee Interest Rate Derivative (“IRD”) market in India vide the notification of Non-resident Participation in Rupee Interest Rate Derivatives Market

  • Relaxations to FPIs and Companies under bankruptcy wrt ECB

    Relaxations to FPIs and Companies under bankruptcy wrt ECB

    Regulatory update: RBI’s Bi-Monthly Monetary Policy Statement grants important relaxations to FPIs and Companies under bankruptcy with respect to ECB The Reserve Bank of India (RBI) on 7 February 2019 has issued its Sixth Bi-monthly Monetary Policy Statement (Monetary Policy

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