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FEMA

Compounding of Contraventions under FEMA, 1999

Compounding of Contraventions under FEMA, 1999

Compounding refers to settlement of the offence committed by the contravener by imposing monetary penalty instead of going to litigation. It is a voluntary...

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FEMA

Different types of Forex Transactions with Associated R...

Forex Transactions

Forex transactions refer to the sale and purchase of the foreign currencies. It is an agreement of exchanging the currency of a country for the currency of...

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FEMA

What are the pros and cons of FDI?

pros and cons of FDI

Foreign Direct Investments are usually made in open economies having skilled workforce and growth prospect. It doesn’t just bring in money but also techn...

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Prepaid Wallet License

How to obtain a Prepaid Wallet License in India?

Prepaid Wallet License

In a bid to make the payments process fast and easy, the Reserve bank has introduced various measures. One of those measures is Prepaid Wallet or the Payme...

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FEMA

Can Commercial Property in India be purchased by an NRI...

Can Commercial Property in India be purchased by an NRI?

This is a question that has come up again and again, and with this has come some other relevant questions, too, like if NRIs can buy commercial property in...

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FEMA

An Overview of Annual Performance Report under FEMA 199...

Annual Performance Report under FEMA 1999

Annual Performance Report is important annual compliance provided under the Foreign Exchange Management Act 1999. Not filing this report before the due dat...

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FEMA

FLA Return Filing under FEMA

FLA Return Filing under FEMA

FLA stands for Foreign Liabilities and Assets. FLA Return is a mandatory filing under Foreign Exchange Management Act 1999. Not filing this return before t...

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FEMA

How to set up a Liaison Office in India?

Liaison office in India

India being one of the largest and fastest-growing market, foreign entities have developed a keen interest to establish their operations here. Foreign comp...

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