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General CorporateAll Industries

IFSCA mandates FMEs to maintain a website or webpage

The article discusses the recent circular which is issued by International Finance Services Centres Authority (‘IFSCA’) for imposing an obligation on Authorised FMEs, registered FMEs (Non-Retail) and Registered FMEs (Retail) to maintain a website or a webpage dedicated to their fund management activities in the IFSC.

Vinod Joseph21 Sept 2026
C
Employment LawAll Industries

EPF Scheme, 2026 and International Workers: New framework – Old questions

The notification of the Employees' Provident Funds Scheme, 2026 (‘2026 Scheme’) with effect from 1 July 2026, was anticipated to settle and provide clarity on the regulatory framework governing international workers under the Code on Social Security, 2020. However, it has done the opposite in one respect. The 2026 Scheme retains a dedicated framework for international workers and carries forward the substance of the erstwhile Paragraph 83 of the EPF Scheme, 1952 (‘1952 Scheme’) and Paragraph 43A of the EPS, 1995.

Asish Philip Abraham+218 Sept 2026
IT Amicus August 2026
International Trade and WTOAll Industries

From public/user interest to economic modelling: Insights from the UK’s e-bike trade remedy review

The article discusses the United Kingdom’s transition review of anti-dumping and countervailing duty measures on electric bicycles from China, where the UK Trade Remedies Authority concluded that continuation of measures on all e-bikes failed the Economic Interest Test. The article examines how the TRA collected and used economic information, how partial-equilibrium modelling was applied to assess different outcomes, and how the TRA’s economic assessment operated alongside the Secretary of State’s decision-making power. It also considers what this approach may offer for the examination of economic interest in Indian trade remedy investigations. According to the authors, it is important for Indian authorities to integrate a more nuanced public or user interest assessment into their final findings, particularly in sectors critical for the economy.

Arpit Mehra+114 Sept 2026

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  • Employment LawAll Industries+1

    Setting up a GCC in India: Managing employment and IPR risks

    The article discusses the principal legal and practical considerations that foreign stakeholders should keep in mind when establishing or scaling a GCC in India.

    Paritosh Chauhan+101 Sept 2026
  • IP LitigationHealthcare & Pharma

    Minor variations, major consequences: Bombay High Court on pharmaceutical trademark infringement and trade-dress copying

    The article discusses the Bombay High Court’s decision in Blue Cross Laboratories Pvt. Ltd. v. Alto Healthcare Pvt. Ltd., where the Court held that the mark ‘MEFIAL-SPAS’ infringed Blue Cross’s registered pharmaceutical mark ‘MEFTAL-SPAS’. It emphasized that even minor spelling changes can cause deceptive similarity in pharmaceutical products, where confusion may affect public health. The Court also found infringement of copyright and trade dress due to imitation of packaging, colour scheme, and artwork. According to the authors, commercial courts are becoming increasingly ready to make a considerable effort to punish those infringers who act deliberately, fraudulently, and opportunistically.

    Khushi Lokwani+131 Aug 2026
  • Mergers & AcquisitionsAll Industries

    Liberalisation of FDI in the e-commerce sector

    In a significant liberalisation for FDI in the e-commerce sector, it now appears that the Government intends to lift the prohibition on inventory-based model of e-commerce for the exclusive purpose of boosting exports by domestic manufacturers and MSMEs, in line with the objectives of the Foreign Trade Policy 2023.

    Isana Laisram25 Aug 2026
  • Direct TaxAll Industries

    Cancellation risk for GPU-based NPOs diluted: A shift under the Income-tax Act, 2025

    The article examines how the amendment by the Finance Act, 2026 in the Income-tax Act, 2025 changes the consequences for not-for-profit organisations (‘NPOs’) pursuing general public utility objects. The 2026 amendment removes many breaches from the ‘specified violations’, thus reducing the risk of cancellation. The authors however note that non-compliance may still lead to denial of exemption, taxation of commercial income, and scrutiny of charitable purpose. According to them, the change offers operational flexibility while preserving discipline governing NPOs.

    Ravi Sawana+124 Aug 2026
  • International Trade and WTOAll Industries

    Trade remedies – Examining the growing trend of non-imposition by the Ministry of Finance

    India’s trade-remedy regime is seeing a marked shift. Affirmative recommendations by the DGTR are increasingly not resulting in duty notifications by the Ministry of Finance. While DGTR findings historically led almost invariably to anti-dumping or countervailing duties, recent data, particularly for late 2025 to mid-2026, shows a sharp rise in non-imposition of duty despite findings of dumping, injury and causal link. The article examines the legal basis for Finance Ministry’s discretion, the lack of publicly articulated reasons in several cases, and the resulting uncertainty for the domestic industry. It argues for greater transparency, institutional clarity and a predictable framework to preserve confidence in India’s trade-remedy system.

    Pareesha Gupta+119 Aug 2026
  • Direct TaxAll Industries+1

    How is India building a compliance carbon market without a supporting tax architecture

    India legislated the Indian carbon market through the Energy Conservation (Amendment) Act, 2022 and re-legislated its entire Income-Tax Code in 2025 but forgot to connect the two. If India wants CCC prices to drive decarbonization and the carbon market to be successful, the tax cost of a tonne of carbon cannot itself be a matter of litigation.

    S. Vasudevan+117 Aug 2026
  • GST & Indirect Tax LitigationAll Industries

    Signing is not always issuance: Examining the limitation requirement under GST

    The article discusses the limitation requirement under GST, wherein Sections 73 and 74 of the CGST Act 2017 prescribe the time limits within which the adjudicating authority is required to pass the order.

    Kunal Kapoor+117 Aug 2026
  • Global Capability CentersAll Industries+1

    GCCs in India: Tax Questions MNCs Should Not Overlook

    The article discusses the tax-related issues concerning Permanent Establishment (PE) and transfer pricing for Global Capability Centers (GCCs) in India that multinational corporations (MNCs) should be aware of.

    Harshit Khurana13 Aug 2026
  • BISAll Industries

    Transition Facilitation (Quality Control) Order, 2026: A new route to BIS compliance

    To provide some flexibility to manufacturers and develop strong manufacturing ecosystems in India at the same time, the Department for Promotion of Industry and Internal Trade (‘DPIIT’) issued the Transition Facilitation (Quality Control) Order 2026 (‘Transition QCO’) on 25 June 2025.

    Ankur Sharma+112 Aug 2026
  • General CorporateAll Industries+1

    Widening the gate of Indian Economy: Key changes under the Foreign Exchange Management (Non-Debt Instruments) (Third Amendment) Rules, 2026

    The Ministry of Finance (Department of Economic Affairs) on 12 June 2026, notified the Foreign Exchange Management (Non-Debt Instruments) (Third Amendment) Rules, 2026 (‘Amendment Rules’), amending the Foreign Exchange Management (Non-Debt Instruments) Rules, 2019 (‘NDI Rules’). The Amendment Rules constitute the third amendment in the FEMA liberalisation cycle for the year 2026, following the first and second amendments, which respectively relaxed restrictions on investments from countries sharing a land border with India and liberalised foreign investment in the insurance sector opening the sector up till 100% under automatic route. The third amendment is yet another attempt to widen the gate for the Indian economy. For years, access to India's listed securities market was reserved specially for a defined class amongst which are foreign portfolio investors (FPIs) and non-resident Indians (NRIs) and overseas citizens of India (OCIs), this time the liberalisation is into the Indian capital markets.

    Aman Gupta04 Aug 2026
  • Direct TaxAll Industries

    Cross-border secondments and the quest for the true employer

    Secondment arrangement is the most debated topic from taxation standpoint. For years, Indian courts and tribunals have grappled with the tax implications of cross-border employee secondments, pivoting continuously on whether the reimbursement of salary costs represents a taxable technical service or a mere fiscal pass-through

    Prachi Bhardwaj+217 Jul 2026
  • International Trade and WTOMetals

    EU’s 2026 Steel TRQ Regulation: From temporary safeguards to permanent industrial policy?

    The 2026 Steel import Regulation of the European Union (EU) (‘2026 Regulation’),[1] which came into force on 1 July 2026, is not simply a continuation of earlier Steel Safeguard measures[2] applicable since 2018, but it indicates a decisive shift in the EU’s approach to regulate its steel imports in the coming years. With lowering of tariff-rate quotas (TRQs), higher out-of-quota duties and proposal for stricter origin requirements, the 2026 Regulation goes beyond the WTO’s temporary safeguard regime to a more permanent industrial policy governing steel imports into the EU. In particular, the 2026 Regulation reduces the EU's tariff-free steel quota by ~47%, doubles the out-of-quota duty from 25% to 50%, and introduces a new ‘melt and pour’ traceability requirement.

    10 Jul 2026
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