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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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MCA Notification

MCA warrants new Form MGT-7 & MGT 7A for OPC &...

Form MGT-7

The Ministry of Corporate affairs came up with some crucial amendments vide a notification dated March 5, 2021. With this notification, the Ministry has am...

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FEMA

Penalties under FEMA Act, 1999

Penalties under FEMA Act, 1999

FEMA stands for Foreign Exchange Management Act. It was passed on 1st June 2000 to facilitate India’s foreign exchange market's external trades and maint...

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MCA Notification Producer Company Registration

All you need to know about Producer Companies Rules 202...

Producer Companies Rules 2021

The Ministry of Corporate Affairs issued a notification regarding the Producer Companies Rules 2021. The rules will supersede the earlier Producer Companie...

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FEMA

All you need to know about Form FC-GPR

FC-GPR

When a company obtains FDI through capital investment, the Company allots shares to the foreign investor, and there is an essential requirement for reporti...

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Digital Payments RBI Notification

RBI (Digital Payments Security Controls) Directions, 20...

Master Direction on Digital Payment Security Controls

The Reserve Bank recently issued master direction for banks and card issuing entities prescribing minimum standards to ensure digital payments security. Th...

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Income Tax

Who is required to maintain books of account as per Sec...

Who is required to maintain books of account as per Section 44AA?

Section 44AA of the Income Tax Act, along with Rule 6F, mandates books of account for income tax. These books of accounts are the official document that es...

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RBI Notification

Extension of Cheque Truncation System across all bank b...

Extension of Cheque Truncation System across all bank branches

The Reserve Bank has asked all banks to implement the image based cheque truncation system across all branches by 30th September 2021. This system is prese...

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