All posts by nangia

Articles In Newspapers & Journals

IL&FS’ systemic structural flaw – Nischal Arora

The beleaguered IL&FS group has been in the eye of the storm since September last year for defaults in payment obligations of bank loans by group companies. What has also come under the scanner is the group’s complex corporate structure with 346 sub-companies under its ambit. This includes over two-dozen direct subsidiaries, 135 indirect subsidiaries, six joint ventures, four associate companies, among others. Nischal Arora, Director- Regulatory shares his views on aforementioned story for Business Standard. IL&FS' systemic structural flaw
Articles In Newspapers & Journals

India’s first REIT is finally here – Rakesh Nangia

India’s first real estate investment trust (REIT) is soon going to be a reality. The first REIT initial public offering (IPO) by Embassy Office Parks, a Bangalore-based real estate developer backed by Blackstone Group LP, a global private equity firm, is open for investment between March 18 and 20, 2019. The Embassy Office Parks REIT plans to raise ₹4,570 crore through the IPO.
  1. Rakesh Nangia, Managing Partner shares his views on India’s first REIT is finally here for Livemint.
indias-first-reit-is-finally-here-rakesh-nangia
Articles In Newspapers & Journals

MNCs now won’t have to file CbC report in India – Nitin Narang

Indian arms of US MNCs will not have to file country by country or CbC report here. India has finalized bilateral competent authority arrangement for exchange of CbC reports with US. These companies would have had to file these here with Indian revenue authorities by March 31, 2019 in absence of such an agreement. Nitin Narang, Partner- Transfer Pricing shares his views on aforementioned story for following publications: Economic Times- Standalone story Financial Express- Standalone story   MNCs now won't have to file CbC report in India
Articles In Newspapers & Journals

Income Tax: Claim capital gains tax benefit on sale of house judiciously – Neha Malhotra

Housing for all is the one of the major objectives of the government. It wants to promote investment in residential property and various steps were taken even in the Interim Budget to give relief to owners of house property and boost real estate sales. Neha Malhotra, Executive Director with inputs from Radhika Arora contributed an article on Income Tax: Claim capital gains tax benefit on sale of house judiciously for Financial Express. Claim capital gains tax benefit on sale of house judiciously