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It is impossible to think that the Reserve Bank can do all transactions in the foreign exchange on its own. Therefore the RBI delegates its powers to an au...
Recently, the Reserve Bank of India (RBI) has released Master Directions on Regulatory Framework for Microfinance Loans, 2022 wherein RBI has directed that...
The Foreign Exchange and Management Act, 1999 (FEMA) has made mandatory filing of APR or Annual Performance Report separately for each and every JV/WOS if...
India offers the world lower corporate taxes and skilled labour. Therefore, companies across the world make their investments in India. One of the most sou...
A curious of case of FEMA violations by RR has been discussed in the following piece of information wherein the Directorate of Enforcement has alleged that...
The Reserve Bank recently clarified that NRIs (Non-Resident Indians) and OCIs (Overseas Citizens of India) don’t require prior RBI approval to buy or sel...
An individual's taxability is determined by his or her residence status. A resident taxpayer, for example, is required to pay tax on all of his income deri...
FEMA was introduced in India with a view to simplify import and export trade and to protect foreign exchange market. The Foreign Exchange Management Act re...
In FY 2023-24, the Hon’ble Finance Minister announced the need to simplify, ease, and reduce...
The recent amendments to the Foreign Exchange Management (Non-debt Instrument) Rules, 2019 (FEM...
Gifts amongst spouses in India are generally not subject to tax and, therefore, remain a very a...
CFOs play the role of game-changers in the modern retail industry. They leverage data analytics...
The capital market regulator, i.e., the Securities Exchange Board of India (SEBI), made signifi...
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