Nishith Desai

Bitcoin startups Zebpay, Unocoin, Coinsecure and Searchtrade on Thursday jointly launched Digital Asset and Blockchain Foundation of India (DABFI) for the orderly and transparent growth of virtual currency market.

The Big Tax Reset – Ep 1

The Big Tax Reset – Ep 1

Madhucon sells Agra-Jaipur expressway project for Rs 248 cr

The company said the transaction is subject to closing adjustments and regulatory approvals and includes operational grants for the entire major maintenance period.

India-Mauritius tax treaty: Protocol yet to be finalised

The former FM Rama Sithanen says he‘s seen the new protocol and in it Mauritius has given up the right to tax capital gains. If this is true it would have a significant impact of foreign investors investing in India via Mauritius.

FIIs nervous; have upper hand in MAT issue legally: Pros

Rajesh Simhan, head - international tax at Nishith Desai says as things stand, the matter is already with the Supreme Court and a number of rulings prior to this are in favour of the tax payer.

UB‘s Unsecured Creditors: Happy Hours!

In April last year, 10 unsecured creditors of UB Holdings filed a winding up petition against the company. While this petition and 4 similar others were pending, UB Holdings approached the Karnataka HC seeking permission to sell the shares it held in United Spirits to Diageo.

Budget 2012: Govt must deal with corruption, says Nishith Desai

Nishith Desai, founder of Nishith Desai Associates has three expectations. “One, the government should deal with corruption. Two, give me the true state of the financials affairs of the nation. Three, appoint law commission with independent professionals as well as the tax department people and the global renowned expert."

Budget 2012: The tax wishlist

The Union Budget is just around the corner. Experts discuss taxes as part of Budget agenda 2012.

Implications of Birla-AT&T-Tata tax judgment

Form over substance, no lifting the corporate veil, legal owner is the relevant owner, a Mauritius Tax Residency Certificate is sufficient evidence of beneficial ownership- these were all well-accepted tax concepts endorsed by Circular 789 and the Supreme Court’s judgment in the Azadi Bachao Andolan.