Category: India

Legal Trends 2016: International Trade

February 27, 2016

ONE | TPP, FREE TRADE AND INVESTMENT AGREEMENT While 2015 saw numerous international trade and investment developments, the year’s biggest story was the October completion of negotiations on the Trans-Pacific Partnership (TPP). The TPP is an ambitious economic and free trade agreement between Canada and 11 other countries — including the United States, Australia and Japan — who represent one-third…

India Reforms Tax Regime for Foreign Portfolio Investors

February 20, 2014

  On January 7, 2014, the Securities and Exchange Board of India (SEBI) issued the Securities and Exchange Board of India (Foreign Portfolio Investors) Regulations, 2014. These regulations created a new class of Foreign Portfolio Investors (FPIs) and amended certain key rules and procedures applicable to foreign investors. On January 22, 2014, the Central Board of Direct Taxes (CBDT) announced that…