Returning NRIs have a host of SOPs awaiting them-from tax breaks to exempt foreign income. NRIs returning to India has to know the rules and regulation of FEMA and Income Tax Act before returning to India. FEMA governs the regulatory…
Overseas Direct Investment Overseas investments (or financial commitments) in Joint Ventures (JV) and Wholly Owned Subsidiaries (WOS) have been identified by Indian entrepreneurs as important avenues for promoting global business. Joint Ventures are viewed as a vehicle for economic and…
Overseas Direct Investment Overseas investments (or financial commitments) in Joint Ventures (JV) and Wholly Owned Subsidiaries (WOS) have been identified by Indian entrepreneurs as important avenues for promoting global business. Joint Ventures are viewed as a vehicle for economic and…
LRS scheme on purchase of immovable properties outside India Purchasing property is not only an investment opportunity, but also a necessity in order to find a place to live or establish a business. As a result, the need to purchase…
LRS is scheme, an individual can use to invest, remit money abroad. India has made significant progress in liberalizing foreign exchange transactions for its citizens. As many individuals are migrating from India and returning to India, it is important for…
Returning NRIs have a host of SOPs awaiting them-from tax breaks to exempt foreign income. NRIs returning to India has to know the rules and regulation of FEMA and Income Tax Act before returning to India. FEMA governs the regulatory…
Know how to deal with emigration-related rules and obligations Many Indians are migrating from India to various countries during the year and they might not know the rules and obligations under FEMA & Income Tax Act that need to be…