A Comprehensive Guide to Company Registration for NRIs and Foreign Nationals in India
The Indian government has created possibilities for Non-Resident Indians (NRIs) and foreign nationals to invest in India, to increase Foreign Direct Investment (FDI), a critical driver of economic growth. The International Exchange Management Act (FEMA), 1999 regulations, FDI policies, and Reserve Bank of India (RBI) recommendations have made conducting business in India easier, allowing international investors and NRIs to create companies and […]
Special drive by GST Authority
The Central Board of Indirect Taxes and Customs (CBIC) has recently issued Guidelines for the Second Special All-India Drive against fake GST Registrations as per Instruction No. 02/2024 dated 12th August 2024. Key highlight of the special drive- This special All-India drive will be effective from 1st Aug 2024 to 15th October 2024. Entities found guilty of […]
Simplifying GST: New Invoice Management System Launching 1st Oct 2024
The implementation of the GST Act has marked a great shift in India’s Indirect tax regime. However, to ensure smooth compliance procedures and GST regulations with minimal manual intervention, the GST council has from time to time proposed new key changes. However, a key area of concern that still has been a challenge is the management of invoices and […]