Filter Posts

Reset
Found 1050 Results

FCRA Registration, Prior permission & Renewal of Registration

Every person having a definite cultural economic educational religious or social program shall accept Foreign Contribution only after obtaining a certificate of registration from the central government and there are two modes for obtaining permission to accept foreign contribution under FCRA let us discuss the same i. Registration ii. Pri...

Read More
Posted Under: Fema / RBI |

RBI: Regulation, supervision and financial stability, 2021

Let us learn the achievements of RBI during the pandemic, its noble goals of alignment with the long-term objective of streamlining regulatory and supervisory framework across regulated/supervised entities to maintain conformity among global practices. RBI while harnessing technology for customer services, undertook fraud detection and co...

Read More
Posted Under: Fema / RBI |

Foreign Liabilities and Assets (FLA)

Foreign Liabilities and Assets (FLA) is an Annual Return which is to be submitted by all those Indian Resident Companies which have received Foreign Direct investment (FDI) and/or made Investment Overseas (FDI Abroad) in previous year(s) which shall also include information of the current year. This return needs to be filed by July 15 eve...

Read More
Posted Under: Fema / RBI |

How to setup project office in India

Foreign companies incorporating private limited company for executing a limited period contract in India and face lots of legal compliances from starting to closing of the company which wastes lots of time and recourses of the company. In order to make entry and exit easy for a foreign company who wants to execute a project […]...

Read More
Posted Under: Fema / RBI |

RBI: Communication policies 2.0, July 2021

By publishing on July 16, 2021, Reserve Bank of India, had amply made it clear that The Reserve Bank’s communication policy follows the guiding principles of relevance, transparency, clarity, comprehensiveness and timeliness: it strives to continuously improve public understanding of developments in the multiple domains under its ambit....

Read More
Posted Under: Fema / RBI |

All about Crypto Currency (Rules, definition, method & eligibility)

Any payment made or received in connection with a transaction of crypto currency by an Indian Resident with a person with above category will be considered as payment in the context of foreign trade and would fall under the classification of ‘Current Account Transaction’ under the FEMA....

Read More
Posted Under: Fema / RBI |

Opening & Closing of Current accounts by Banks- Recent Guidelines

Now a day banks are asking its customers having CC /OD facility to close current accounts. This is as per the RBI Circular Dated 06.08.2020. As per this circular no bank shall open current accounts for customers who have availed credit facilities in the form of cash credit (CC)/ overdraft (OD) from the banking system […]...

Read More
Posted Under: Fema / RBI |

All About FCRA Registration and Renewal

Eligibility Criteria to take FCRA Registration:-The association should be registered under an existing statute like the Societies Registration Act, 1860 or the Indian Trusts Act, 1882 or Section 8 of Companies Act, 2013...

Read More
Posted Under: Fema / RBI |

RBI Governor:  Financial inclusion- Past, Present and Future

Inaugural address by Shri Shaktikanta Das, Governor, Reserve Bank of India delivered at the Economic Times Financial Inclusion Summit on Thursday, July 15, 2021 on the topic” Financial inclusion – past, present and future” is being analyzed in this article. Well positioned as one of the finest monetary theory practitioners and forme...

Read More
Posted Under: Fema / RBI |

Share Allotment to Foreigners under FEMA/ Companies Act

Economic liberalization has resulted in robust growth over the years and has made India an attractive investment destination hub globally. COVID -19 pandemic has surely disrupted the growth chart but it is expected to regain the momentum soon making our country one of the fastest growing large economies. With an intent to promote foreign ...

Read More
Posted Under: Fema / RBI |