New Delhi, India. Credit: PHOTO JUNCTION/Adobe StockLawyers React To India’s 2025 Budget, Welcome Investment And Tax Reform
Partners across the country say the latest rules will boost confidence in the Indian market and enhance its attractiveness for corporate consolidations and cross-border investment.
February 06, 2025 at 05:15 PM
3 minute read
The Indian government has revised its regulatory compliance guidance, tax rules and merger processes—a move welcomed by partners at the country’s top law firms.
This year’s fiscal budget, which was announced by the Indian government on February 1, introduced reforms that India’s lawyers say will create a favorable business environment, boost cross-border investment and simplify compliance regimes.
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J. Brugh Lower of Gibbons has entered an appearance for industrial equipment supplier Devco Corporation in a pending trademark infringement lawsuit. The suit, accusing the defendant of selling knock-off Graco products, was filed Dec. 18 in New Jersey District Court by Rivkin Radler on behalf of Graco Inc. and Graco Minnesota. The case, assigned to U.S. District Judge Zahid N. Quraishi, is 3:24-cv-11294, Graco Inc. et al v. Devco Corporation.
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