We, at L&S, are committed to helping our clients stay ahead of legal and market trends and hold regular Seminars, Conferences and Trainings on various legal and law related topics in India.

upcoming events

April 2020

Multiple amendments have been made to the Goods and Services Tax law subsequent to its implementation and judicial developments have both clarified and complicated the law further. This has had an adverse impact on businesses which are increasingly reliant on the system but must also modify their practices to be compliant with the law.

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Past events

March 2020

The deputation of employees/ personnel to Indian business set-ups of the Multinational Companies (MNCs) has been a need as well as a regular practice. This practice is surrounded by various Income-tax controversies for long. The courts in India have given multiple rulings deciding whether the cost cross charge against secondment arrangements are in the nature of fee for technical services / fee for included services requiring tax withholding or mere cost reimbursement with no tax implications.

March 2020

Novel Corona Virus (COVID-19) is the biggest challenge human kind is facing currently. Last week, the Secretary General of the United Nations termed it as the biggest global health crisis in the 75 years’ history of the organisation.

March 2020

The only constant thing in GST law so far has been the number of changes. One of these changes that will soon become mandatory is the e-invoicing system. Electronic invoice, or e-invoice is the future means of electronic billing. It has been adopted by many governments internationally.

February 2020

Employment policies vary from business to business – and in some cases, from manager to manager. While there may be regulations in place, there are several do’s and don’ts that organisations should consider to mitigate the risk of legal woes. It is always recommended that all organisations should have a set of workplace policies to assist with managing employee obligations and to reduce potential liabilities.

February 2020

"annual budget"

Budget 2020 – Analysis of tax implications

Chennai, New Delhi, Mumbai, Pune, Ahmedabad, Kolkata, Bangalore, Hyderabad, Kochi

Lakshmikumaran & Sridharan (L&S) is holding a Seminar to discuss Finance Bill, 2020 presented in the Parliament on 1-2-2020. The bill and notifications issued propose many significant changes in provisions relating to Income Tax and Customs law.

February 2020

The Direct Tax Vivad Se Vishwas Bill, 2020 (“The Bill”) was introduced in the Parliament on 5th February, 2020 following the announcement by the Finance Minister to bring in a scheme similar to the Sabka Viswas (Legacy Dispute Resolution) Scheme, 2019 in respect of indirect taxes.

February 2020

Finance Minister of India will present the Budget 2020 on 01st of February 2020.

January 2020

The practice prevalent in the spare part market of branded products is that either product manufacturers are themselves making and marketing the parts or appointing authorized OEMs (Original Equipment Manufacturers) for making and selling spares. These spare parts bearing Trademark of the respective product manufacturers are perceived by the consumers as original or genuine parts.

January 2020

The introduction of Personal Data Protection Bill, 2019 before the lower house of the Parliament marks a new milestone for data privacy in India. The 2019 PDP Bill, and the Data Protection Authority to be created under it, will have the power to impact all types of business and industry. The Bill also touches upon crucial aspects relating to the use of anonymized and non-personal data held by businesses. While largely aligned with the EU GDPR,

January 2020

Income-tax implications of debts settled under IBC

- An analysis from perspective of all stakeholders

The insolvency and bankruptcy regime, with crucial rulings, timely legislative and regulatory action, has seen a number of amicable commercial settlement of long outstanding debts. The regime is further expected to smoothen recovery of debts from ailing borrowers.

January 2020

The new Goods and Services Tax (GST) regime has been developing at a fast pace. These developments can either happen by way of decisions pronounced by various judicial forums or by way of changes in law. It is important for the businesses to be up-to-date with the same.

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