Lawyers lauded Finance Minister (FM) Nirmala Sitharaman’s announcement in the Union budget making way for additional benches for the National Company Law Tribunal (NCLT) and Debts Recovery Tribunal (DRT). Our Partner (Head- Insolvency & Restructuring) Dhananjay Kumar shares his views on this in an article published by moneycontrol.com. Read it at: https://lnkd.in/dK8PepcU #Budget2024 #UnionBudget #NCLT #DRT #InsolvencyandBankruptcy
Cyril Amarchand Mangaldas
Law Practice
Mumbai, Maharashtra 131,547 followers
character . competence . commitment
About us
Cyril Amarchand Mangaldas (cam) is India’s leading law firm with global reputation of being trusted advisors to its clients. Tracing its professional lineage to 1917, cam was founded to continue the legacy of Amarchand & Mangaldas & Suresh A. Shroff & Co. – whose pre-eminence, expertise and reputation of almost a century was unparalleled in the Indian Legal Fraternity. The Firm advises a large and diverse set of clients, including domestic and foreign commercial enterprises, financial institutions, private equity funds, venture capital funds, start-ups, government and regulatory bodies. The Firm is one of the largest full-service law firm in India and offices in key business centres at Mumbai, Delhi-NCR, Bengaluru, Ahmedabad, Hyderabad, Chennai, GIFT City, Singapore and in Abu Dhabi. The Firm received “National Law Firm of the Year: India” at the IFLR Asia-Pacific Awards for the second consecutive years in 2023 and 2022 and “Innovation in Advancing Markets” award at the FT Innovative Lawyers Asia Pacific 2022 Awards. The Firm had won “India Deal Firm of the Year” at the ALB India Awards and “Firm of the Year” at the IFLR1000 India Awards in 2022.
- Website
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http://www.cyrilshroff.com
External link for Cyril Amarchand Mangaldas
- Industry
- Law Practice
- Company size
- 1,001-5,000 employees
- Headquarters
- Mumbai, Maharashtra
- Type
- Partnership
- Founded
- 2015
- Specialties
- General Corporate, M&A, Finance, Dispute Resolution, Capital Markets, Anti-trust and Competition, Private Client Practice, Employment, Real Estate, Financial Institutions, Regulation and Compliance, Intellectual Property, Tax, Legal services, Law firm, Insolvency and Bankruptcy, Project Finance, Banking, Pharmaceuticals, Private Equity, and Corporate Governance
Locations
Employees at Cyril Amarchand Mangaldas
Updates
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The central government has tweaked the capital gains tax regime for all asset classes, including real estate, in the Union Budget 2024. Two of the key changes that would impact lakhs of homeowners across the country are: the removal of indexation benefits for calculation of capital gains and reduction in the capital gains tax rate. Our Partner Abhilash Pillai shares his views on this in an article published by moneycontrol.com. Read it at: https://lnkd.in/dgeUcmM7 #UnionBudget2024 #CapitalGainsTaxRegime #Indexation #RealEstate
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CAM Blog: The latest post on our blog by Ankoosh K Mehta, Biplab Lenin, Srinivas Atreya Chatti, Priyam Raj Kumar and Kritika Asawa is on “Beyond the Basket: Analysing Underlying Challenges for India’s E-FBOs – Part 1” Read it at: https://lnkd.in/diMHFaRc #EFBOs #FoodIndustry #ECommerce #FSSAI #FSSAct #BlogsbyCAM
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Recently, The Ministry of Corporate Affairs has undertaken steps for reducing litigation and address the question of burdening courts under the companies act by withdrawal of prosecutions and compoundable cases. Our Partner Gauhar Mirza shares his views on this in an article published by The Economic Times Read it at: https://lnkd.in/g9ECxtSS #Budget2024 #UnionBudget #MCA #CompaniesAct
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Finance Minister (FM) Nirmala Sitharaman announced a revision in the new tax regime for the financial year 2024–25 and also announced comprehensive review of the Income tax Act, 1961 to make it concise and easy to read. Our Partner Kunal Savani shares views on this in an article published by Business Standard Read it at: https://lnkd.in/g-Zf-BQd #Budget2024 #UnionBudget #Taxation #DirectTax #NewTaxRegime
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On July 23, The Finance Minister Nirmala Sitharaman has sought to rationalise capital gains, imposing a tax rate of 20% tax rate on short term gains financial assets; and a tax rate of 12.5% on long term gains on all financial and non-financial assets. Our Partner Kunal Savani shares views on this in an article published by The Economic Times Read it at: https://lnkd.in/geYGQSuY #Budget2024 #UnionBudget #Taxation #CorporateTax
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Middle-income homeowners are likely to face the biggest brunt of Finance Minister Nirmala Sitharaman’s decision to do away with the indexation benefits on real estate transactions, announced in her Budget speech on July 23. This implies that real estate owners selling their property will no longer be able to adjust their purchase price using inflation, thereby reducing their capital gains. Our Partner Abhilash Pillai shares his views on this in an article published by moneycontrol.com. Read it at: https://lnkd.in/dBMvWdkx #Budget2024 #UnionBudget #RealEstate #IndexationBenefits
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Join our Partner Kunal Savani in an online session on twitter organised by Varsity By Zerodha® where he will be discussing how Budget 2024 proposal impact the taxation of shares, different categories of mutual funds, gold, real estate and foreign investment. He will be joined by Surbhi Marwah and Mithun D'Souza EY of EY India. The session will be moderated by Satya Sontanam of Zerodha Varsity. Event Details Date: 24th July, 2024 Time: 07:00pm onwards To attend the Event & Register, Click here: https://lnkd.in/dEQswTbz #Budget2024 #Taxation #MutualFund #RealEstate #ForeignInvestment
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Our Managing Partner Cyril Shroff discusses the key takeaways from budget 2024 in his article titled “FM Nirmala Sitharaman's Budget 2024 lays ground for further reforms” published by Business Standard. Read it at: https://lnkd.in/dq4H2qir #Budget2024 #UnionBudget #AngelTax #Taxation #EconomicPolicyFramework
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Our Managing Partner Cyril Shroff in conversation with Shereen Bhan of CNBC-TV18 discusses the key highlights from the Union Budget 2024. He was joined by Anish Shah of Mahindra Group, Anant Goenka of RPG Group and Uday Shankar of Marigold Park Capital Advisors Pvt Ltd. Watch the full video at: https://lnkd.in/gY8uX5PF #UnionBudget #Budget2024 #FinanceSector #DirectTax #Employment #EnergySector #Infrastructure #RealEstateMarket
Union Budget 2024 Discussion: Dr. Anish Shah, Cyrill Shroff & More on Key Highlights & Priorities
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