Knowledge Base

Find articles, help and information using our knowledge base

Foreign Direct Investment in e-commerce entities
FDI are given in the Consolidated FDI Policy issued by the Department for Promotion of Industry and Internal Trade. In this article, a detailed discussion is carried out related to FDI in e-commerce entities and related terms and conditions.
By CA. Kapil Mittal
Last update on January 6,2023
What are the Major Roles and Duties of Authorised Dealer
In Foreign Exchange Management Act, 1999 (“FEMA”) most of the roles and responsibilities are assigned to Authorised Dealers(“AD”). These Authorised Dealers play a huge role under FEMA. They are entrusted with various duties and important roles that contribute to the safer and better implementation of the rules laid down under the Act. In this article you will get an elaborate insight about Authorised Dealer and their various roles and responsibilities
By CA. Kapil Mittal
Last update on December 26,2022
Trade Credit under FEMA
Trade Credit is a very popular term in daily business transactions. Trade Credit is a source of short-term financing wherein the Supplier provides an agreed credit period to the buyer to make payment for the supply of goods or services without any interest.
By CA. Kapil Mittal
Last update on December 10,2022
Sale of Immovable Property by Non-residents | How does Income Tax come into the picture
Foreign Exchange Management Act (FEMA) on this transaction since a Non-resident Indian is involved in transactions and remittance money is repatriated outside India. But what about the applicability of Income tax provisions on these transactions.
By CA. Kapil Mittal
Last update on October 18,2022
Revised Overseas Investment Rules| FEMA| A step toward ease of doing business| Part-1
The Government of India undertook a comprehensive exercise of simplifying overseas investment rules in consultation with the Reserve Bank of India. The revised regulations have simplified the existing framework for overseas investment and have aligned the same with the current business and economic dynamics.
By CA. Kapil Mittal
Last update on October 12,2022
Downstream Investment/ Indirect Foreign Investment and FEMA Regulations 
RBI introduced the concept of “Downstream Investment (DI)” or “Indirect Foreign Investment”. In this article, an elaborate discussion is made about “Downstream Investment” and “Indirect Foreign Investment”.
By CA. Kapil Mittal
Last update on October 4,2022
Foreign Owned or Controlled Companies (FOCC) under FEMA
Foreign investors are more inclined toward options where they have complete control over the entity and also such entities can enjoy benefits as domestic companies. FOCC has become a wonderful source of investment for such investors. FOCC can conduct business in India as a domestic company.
By CA. Kapil Mittal
Last update on September 20,2022
All about Form LLP-I
Foreign Direct Investments are permitted under the automatic route in Limited Liability Partnerships (LLPs) operating in sectors/activities where 100% FDI is allowed through automatic route. FDI in LLP can be made through capital contribution. In this article, an intensive discussion has been carried out about reporting of FDI in LLPs through Form LLP-I.
By CA. Kapil Mittal
Last update on May 10,2022
Detailed analysis of the bank accounts opened by NRI/POI in India
Detailed analysis of the bank accounts that can be opened by Non-resident Indians (NRI) or a Person of Indian Origin (PIO) in India, its features, taxation structure, and suitability in accordance with a specific purpose.
By CA. Kapil Mittal
Last update on April 27,2022
Types of Prepaid Payment Instruments (PPI) Issued in India
RBI has issued a Master Directions on Issuance and Operations of PPIs vide Circular No. RBI/DPSS/2017-18/58 Master Direction DPSS.CO.PD.No.1164/02.14.006/2017-18 dated 17th October 2017. Prepaid Payment Instruments are governed by provisions of the Payment and Settlement Systems Act (“PSS”), 2007
By CA. Kapil Mittal
Last update on April 27,2022