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It is high time for India to do some good work in the fields of cyber legislation, cyber safety and cyber forensics. However, after the adoption of Digital India, cyber security and cyber crimes investigation would become main points for not solely the regulation enforcement agencies but also banks of India. The Ministry of Company Affairs (MCA) has additionally issued some Rules underneath Chapter XIV of Indian Companies Act, 2013 pertaining to Inspection, Inquiry and Investigation by Indian Authorities and Critical Frauds Investigation Office (SFIO). The provisions of Indian Corporations Act, 2013 (PDF), price of levitra 20 mg Revenue Tax of India, 1961, Overseas Exchange Administration Act, 1999 (FEMA), The Competitors Act, 2002, and so forth have to be duly complied with in this regard. To further curb income tax avoidance and to examine black money accumulation in foreign jurisdictions, Revenue Tax Overseas Models (ITOUs) of India in overseas international locations would also be established. There are provisions under the Income Tax Act for avoidance of tax by certain transactions in securities and avoidance of income-tax by transactions resulting in switch of earnings to non residents. The primary regulators governing M&A activity in India are the Securities and Trade Board of India ("SEBI"), the Reserve Bank of India ("RBI") the Overseas Investment Promotion Board ("FIPB") and the Competitors Commission of India ("CCI").

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