Cryptocurrency, the India story

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Article by – Mr. Nirav Maniar – Partner at International Business Advisors Excerpts from the Article – “Virtual/digital currencies are not recognized by the Reserve Bank of India (RBI) or any other authority in India, as a ‘currency’. The official … Continued

How GST has impacted the textile industry?

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Article by – Mr. Bhavesh Gupta – Director at International Business Advisors Excerpts from the Article – “In the pre-GST era, textile industry mainly operated under duty exemption mode. The benefit of CENVAT credit was not available to manufacturer availing … Continued

Why bankruptcy ordinance may need more fine-tuning

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Opinion by – Mrs. Nidhi Singh, Legal & Regulatory at International Business Advisors Excerpts from the Coverage – ”Nidhi Singh of International Business Advisors, however, said that India’s insolvency laws will need a fair bit of fine-tuning, going forward, and the new norms … Continued

How Related Party Transactions are regulated in India

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Article by – Mrs. Neha Srivastava – Senior Manager, Direct Tax at International Business Advisors Excerpt from the article “Related Party Transaction (RPT) simply means any transaction between two parties who are joined together through a special relationship. Corporates generally transact … Continued

GST on Re-commerce Industry

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In February 2005, in an interview for The New York Times, George F. Colony, Chief Executive of Forrester Research, was the first to introduce the term ‘Re-commerce’ to answer a question about the increase in spending: “There’s a lot of shelf-life issues out there. … Continued