Foreign Company Registration in India | Wholly Owned Subsidiary Incorporation

India is among the fastest growing economies of the world with plenty of business opportunities which make it a preferred destination for investment form NRIs, Foreign Nationals and Foreign Companies. There are many ways by which foreign investment can be done in India. One of the most successful and sought after ways is Incorporation of Foreign Subsidiary in India.

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Financial Year 2019-20 will end on March 31st

The Finance Ministry has clarified that FY 2019-20 will end on March 31st 2020 and FY 2020-21 will start on April 1st 2020, thereby putting an end to all the rumors doing the rounds about a possible extension.

The onset of rumors was due to misquotation of a   notification issued by the Department of Revenue, Ministry Of Finance dated 30th June 2020 related to certain amendments to the Indian Stamp Act.

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