On August 28th, 2019 the Union Cabinet chaired by the Prime Minister Shri Narendra Modi approved proposal for review of the Foreign Direct Investment (“FDI”) policy. The proposed changes in the policy will result in easing the FDI rules for various sectors such as coal mining, contract manufacturing, single brand retail trading and media etc. Further, it is expected that the changes in the FDI policy will result in making India a more lucrative investment destination and accelerate the economic development and progress of Indian economy.
Monthly Archives: August 2019
Union Cabinet approves proposal for review of FDI policy on various sectors
Talking Tax – Issue 169
Foreign income tax offsets on exempt income?
The Federal Court of Australia Full Court in the case of Burton v Commissioner of Taxation [2019] FCAFC 141 rejected the taxpayer’s appeal in relation to an earlier Federal Court decision to deny the taxpayer claiming the full foreign Income Tax Offset (FITO) available under section 770-10 of the Income Tax Assessment Act 1997 (Cth) (ITAA 1997).
Public Law – Issue Five
In this edition of our newsletter for the public sector, you’ll find updates on a NSW council corruption inquiry and a landmark High Court ruling on Twitter free speech case, an interview with Daniel Simms from the City of Wanneroo and meet Partner Alison Baker, among other interesting articles.
Back to Business: Five Developments Impacting Health Care Employers
As summer winds down, the challenges impacting health care employers in 2019 continue to heat up. These challenges include ongoing developments regarding marijuana legalization, employee resistance to vaccination mandates, workplace violence prevention, state health insurance mandates, and more. In this issue of Take 5, we address these key developments and provide recommendations for action.
58 Lewis Rice Attorneys Named Best Lawyers for 2020
Lewis Rice is pleased to announce that 58 attorneys have been named to the 2020 Best Lawyers in America® annual list. We would also like to recognize John M. Hessel, Matthew J. Madsen, Barry A. Short, and Richard B. Walsh, Jr. for being honored as Best Lawyers’“Lawyer of the Year” for 2020.
Howard & Howard Expands Business Litigation Practice
Howard & Howard is pleased to welcome Kory Steen to the firm. He will practice out of the Royal Oak office.
Ninth Circuit Rules That California Home Care Workers Can Sue LA County For Unpaid Overtime
On August 22, 2019, in Trina Ray et al. v. County of Los Angeles and Trina Ray et al. v. Los Angeles County Department of Public Social Services, Case Numbers 17-56581 and 18-55276, the U.S. Court of Appeals for the Ninth Circuit ruled that home care workers may sue Los Angeles County for unpaid overtime under the Fair Labor Standards Act (“FLSA”).
Technology has Changed How We Build Relationships. Lawyers, are you Ready?
We know and are comfortable with the idea that the legal industry is a business of relationships. Lawyers do good work, their clients talk about it (hopefully) and that brings them other clients. That’s the basic principle behind the standard “word of mouth” reputation.
RSS welcomes Béatrice D’Anjou in its Insurance Law Practice Group
RSS is pleased to announce that Béatrice D’Anjou, who just finished her articling period, is joining our Insurance Law Practice Group as a lawyer.
Financial Services in Focus – Issue 29
Funds and financial products
ASIC approves AFCA rule change enabling the naming of firms
On 26 August, ASIC stated it approved changes to the Australian Financial Complaints Authority (AFCA) Rules to allow the scheme to name financial firms in published determinations. The approval was given under section 1052D of the Corporations Act, which enables ASIC to approve a material change to the AFCA scheme on the request of AFCA.
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