Dechert LLP (JD Supra India)
Recent Indian Tax Treaty Changes Affecting Nonresident Investments into India - Termination of Capital Gains Exemption under the India-Mauritius Tax Treaty
India and Mauritius entered into a Protocol amending the double-tax treaty between India and Mauritius (the “2016 Protocol”) on May 10, 2016. Under the 2016 Protocol, following a grace period and subject to a grandfather rule, capital gains earned by a Mauritian resident attributable to shares in an Indian company will be subject to Indian capital gains tax.
Private Equity Newsletter - Summer 2015 Edition: Indian Private Equity: Taxation and Trends
With a new government at India’s center and positive macroeconomic fundamentals working in its favor, the private equity industry is expected to invest more actively into India over the short to medium term. In the past year, inflation has steadily tapered, the fiscal deficit has been reduced, domestic demand has seen an uptick and the external value of the Indian rupee has stabilized. The first...
India's New Biosimilar Guidelines and Their Relationship to the Rest of the World
The Indian Ministries of Health & Family Welfare and Science and Technology have released their Guidelines on Similar Biologics: Regulatory Requirements for Marketing Authorization in India (the “Indian Guidelines”). These Guidelines will be implemented on August 15. India is an important jurisdiction in the world of biosimilars (“similar biologics” in Indian parlance); not only does it...