Contents: 1. COMPAT penalizes automobile manufacturers for anti-competitive practices 2. COMPAT penalizes public sector insurance companies for bid rigging **COMPAT penalizes automobile manufacturers for anti-competitive practices Facts of the case In August 2014, the Competition Commission of India...
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* The recently published FAQs by the CCI clarify that any joint venture involving a transfer of assets will have to be notified to the CCI under the Combination Regulations. Background The Competition Commission of India ( CCI ) regulates combinations i.e. acquisitions, mergers and amalgamations tha...
Though implementation of a unified GST regime is a huge step towards a much awaited tax reform, the implementation of GST could hike renewable energy costs and significantly increase the cost of energy projects in India. The energy sector is a key driver for economic growth but remains plagued by po...
Cross credits for aircraft lease taxes under the GST system will be a great boost for the local service industry. However, the Government will need to carefully consider the inflationary impact of keeping aircraft fuels outside GST. With increasing liberalisation and focus on infrastructure developm...
The proposed changes to the Maternity Benefit Act does a lot to bring India on par with international standards. However, some of the changes proposed could significantly increase costs for employers. The Maternity Benefit (Amendment) Bill, 2016 (the Amendment ) was recently passed by the Rajya Sabh...
The implementation of GST will significantly improve the competitiveness and performance of India’s manufacturing sector. However, prior to its roll out, it will be incumbent upon the Indian government to address certain stakeholder concerns, if it wants to foster long term growth in this sector. IN...
Plagued, as it is, by indirect tax disputes and ambiguities, the implementation of GST is expected to usher in a uniform tax regime and bring some clarity to indirect taxation in the e-commerce sector. Introduction India is at the threshold of one of the biggest tax reforms it has ever seen - the Go...