Monthly Archives: November 2014

Employer’s Provident Fund contribution over and above the statutory limit

By Avik Biswas, Partner and Ronak Chawla, Associate Issue The employer’s voluntary contribution under the Employees’ Provident Fund and Miscellaneous Provisions Act, 1952 (the “EPF Act”) over and above the statutory wage ceiling has always been a contentious issue. To … Continue reading

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Brick and Mortar – Cheer ! Relaxation of FDI rules in the Construction Development Sector

By Anupam Prasad, Partner and Anindita Ganguly, Associate In India, Foreign Direct Investment (“FDI”) in real estate has been permitted since 2002 and was fully opened in 2005. Subject to certain conditions, FDI in the real estate sector is allowed … Continue reading

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