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News & Analysis

New Guidance for Initial Evidence Examination for Taxation Crime

27 March 2024 by ABNR - Indonesia

On 19 January 2024, the Indonesian Directorate General of Taxes (“DGT”) issued a Circular Letter of the Directorate General of Taxes No. SE-1/PJ/2024 (“SE No. 1/2024”) as an implementation to the enactment of Minister of Finance of the Republic of Indonesia Regulation No. 177/PMK.03/2022 concerning Procedures for Examining Initial Evidence of Criminal Acts in the Tax Sector which has been effective starting from 3 February 2023 (“PMK No. 177/2022”). PMK No. 177/2022 stipulates several updates which are reflected in SE No. 1/2024 including among other provisions related to (a) the time limit for submitting the initial evidence examination report which must be submitted no later than 1 (one) month before the examination period ends and (b) limitation on the extension period for the initial evidence examination into 12 (twelve) months. In general, SE No. 1/2024 establishes internal technical guidelines for DGT in conducting examinations of evidence of the initiation of tax crimes. This publication aims to provide a preliminary overview concerning the initial evidence examination for taxation crime under SE No. 1/2024.

News & Analysis

Shardul Amarchand Mangaldas advises HDFC Bank Limited on the term loan facility provided to Moon Beverages Limited

21 March 2024 by Shardul Amarchand Mangaldas & Co

Shardul Amarchand Mangaldas advises HDFC Bank Limited on the term loan facility provided to Moon Beverages Limited

News & Analysis

Division of an Application as a Tool to Enhance Private Value of a Patent

18 March 2024 by DPS Parmar (Special Counsel)

Division of an Application as a Tool to Enhance Private Value of a Patent

News & Analysis

India Announces Progressive Changes in Patents Rules, 2003

15 March 2024 by Manisha Singh (Partner) & Rajeev Kumar (Partner)

India Announces Progressive Changes in Patents Rules, 2003

News & Analysis

Makarim & Taira S. Appoints Reagan Roy as Newest Partner

15 March 2024 by Makarim & Taira S

Makarim & Taira S., a leading law firm known for its commitment to nurturing top legal talent, proudly announces the appointment of Reagan Roy as its newest Partner.

News & Analysis

India’s Rise to Innovative Excellence - Achieving 100,000 Patents in One Year

15 March 2024 by Manisha Singh (Partner) & Shivi Gupta (Managing Associate)

India’s Rise to Innovative Excellence - Achieving 100,000 Patents in One Year

News & Analysis

Patenting Green Hydrogen Production: New Hope for Clean Energy

05 March 2024 by DPS Parmar (Special Counsel)

Edwin Drake and Mamadou Ngulo Konare have one thing in common: both struck energy gold from Mother Earth.

News & Analysis

Patenting Scope in Biofuel-Related Inventions

12 February 2024 by DPS Parmar (Special Counsel)

Biofuels are closely associated with living material. They are different from the traditional first-generation biofuels obtained from long-dead organic matter.

News & Analysis

MRFTA Amendments on Expansion of Merger Notification Exemptions and Introduction of Commitment Procedures for Merger Control

02 February 2024 by Lee & Ko

On January 25, 2024, the Korea Fair Trade Commission (KFTC) proposed amendments (Amendments) to the Monopoly Regulation and Fair Trade Act (MRFTA) were approved by the National Assembly of Korea.

News & Analysis

Biological Material and Written Description Requirement under Patent Law

29 January 2024 by DPS Parmar (Special Counsel)

The three tenets of a patent grant are possession, disclosure, and claims of invention.