On the night of February 21, 2024, the Union Cabinet, in a historic move, announced its decision to amend the Foreign Direct Investment (FDI) policy in the space sector, by creating new sub-sectors wi...
The Finance Bill, 2023 has introduced an amendment to the Angel Tax provisions under the Income tax Act, 1961 in relation to its applicability to non-residents. INDUSLAW’s Winnie Shekhar, Anantha Krishnan Iyer, and Rajat Jain discuss how the amendment will affect the investee entities and FDI from non-residents.
