Latest Legal Posts
March 13, 2023 | Legal
Why do angel investors and VC funds ask for preference shares in a funding round?
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Understanding Valuation Rules for Share Transfers (Post Angel Tax Removal)
With the removal of Section 56(2)(viib), commonly known as Angel Tax, the landscape for startup funding and share transfers has significantly evolved. This update brings relief but also re-emphasizes the importance of complying with valuation norms under various regulatory frameworks.…
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What’s in a Name? – A Short Guide on Selecting the Right Name for Your Company
Reserving a name is the first step in the Incorporation process of a Company, allowing entrepreneurs to search for and secure a unique name for their business. Every Company incorporated with effect from February 23, 2020 is required to make…
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Section 194T: New TDS Changes for Partnership Firms & LLPs (Effective April 1, 2025)
The Finance Act, 2024, has brought in significant changes for partnership firms and Limited Liability Partnerships (LLPs) with the introduction of Section 194T. Effective from April 1, 2025, this provision mandates Tax Deducted at Source (TDS) on specific payments made…
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