Changes to the DDT structure
INTRODUCTION On February 1, 2020, finance minister Ms. Nirmala Sitharaman, unveiling the union budget proposed a dynamic change to the existing dividend distribution tax structure of the country. The proposed set of changes are aimed towards reducing the burden of taxation which currently falls upon corporates while declaring and distributing dividends to its shareholders, thereby making […]
Invocation of Arbitration under inadequately stamped instruments
Commercial arbitration has been pivotal in the transactional space in India. Although often criticised for its high costs, when arbitration has been invoked, it has proven to be a time efficient option for parties looking to settle their disputes when compared to the process of approaching courts for dispute resolution in India. The process of […]
