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.Continue reading “Foreign Company Registration in India | Wholly Owned Subsidiary Incorporation”
The Ministry of Corporate Affairs on 30th March 2020 issued a circular regarding Companies Fresh Start Scheme 2020.
This is opportunity to all defaulted companies to file the all belated documents as fresh started documents without any additional fees.
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.Continue reading “Financial Year 2019-20 will end on March 31st”
The Ministry of Corporate Affairs has announced various COVID-19 relief measures in respect of compliances for businesses, amidst this global pandemic which is empowering the world. These measures definitely provide the much-needed support and reassurance to companies and LLP’s, registered with the Ministry. The details are stated below:Continue reading “COVID-19 Relief Measures by the MCA”
The Reserve Bank of India announced measures to mitigate the burden of debt servicing brought about by disruptions on account of COVID-19 pandemic and to ensure the continuity of viable businesses.
The following are some of the measures provided by the Reserve Bank of India.
On 24th March 2020, the Union Finance Minister announced several measures taken by the Government of India in view of the COVID-19 outbreak and nationwide lockdown. The measures announced are in the form of statutory and regulatory compliance matters, which are detailed below.Continue reading “COVID-19 Relief Measures in Income Tax and GST”