Key Highlights of Union Budget 2021-22
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In this 21st Century, India has presented for the first time its Digital Budget for the Financial year 2021-22was finally tabled by the Modi Government. The Cabinet chaired by Prime Minister Narendra Modi has approved the Budget for the Fiscal year 2021-22, prepared by finance Minister’s NirmalaSitharamanand announces the reforms in fields of Government Earnings, Spendings, Taxes, Agriculture, Companies, FDI […]
Acquisition and Transfer of Immovable Property in India
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The acquisition and transfer of immovable property in India by Non-resident Indians (NRI) / persons of Indian origin (POI)/overseas citizens of India (OCI) are governed by the Foreign Exchange Management (Acquisition and Transfer of immovable property in India) Regulations, 2018. The acquisition and transfer of immovable property in India by Non-resident have been clearly notified by the Reserve Bank […]
Remittance of Assets
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Quick Read about Remittance of assets inside/outside India, Sale of Residential Property outside or inside India by NRI/PIO or Purchase of Residential Property outside/inside India by NRI/PIO, and circumstances under which Repatriation of sale of immovable property is allowed What is the remittance of Assets? It means Remittance of assets Inside/Outside India of any funds which will be held as a deposit with a bank/firm/company. How much the […]
Acquisition of Agricultural Land in India by NRI/PIO
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Acquisition of Agricultural Land in India, Many NRI’s Who stay out of India are keen to know whether they can acquire or Transfer Agricultural land in India or Not. And Some times they are also interested to know whether they can acquire Agricultural land/farmhouses & Plantation Property by the way of Gift, inheritance or not. […]
E-RESIDENCY IN ESTONIA
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E-Residency is a unique form of venture welcomed by Estonia. Estonia is known for being digitally well-established. E-Residency allows Non-Estonian entrepreneurs/business people to have a business in Estonia. It allows the business person to use Estonian public and private sector services and resources by using the E-Residency smart card. However, it has to be remembered […]
Company Incorporate in India
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Company Incorporation means making Company a legal person in the eyes of Law or the process of making own identity of the company. Incorporation simply means giving Birth to a Company or bringing the Company into existence. However, in order to incorporate a company, we need to fulfill various legal compliances. Why incorporating a Company […]
How to start a Company from Scratch?
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Starting a company from scratch doesn’t have to be technical or complicated, but it requires a lot of planning and organization of various tasks. Here is the list of steps to be followed when you desire to start off a company from scratch. Do an Honest Evaluation of Yourself One needs to assess his core […]
One Person Company (OPC)
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The Companies Act, 2013 has introduced a new concept of ‘One Person Company’ (herein after referred to as ‘OPC’). Section 3 (1) (c) of Companies Act, 2013 has been notified vide notification dated 26th March 2014, and the same shall be effective from 01st April 2014. It is a new form of business by which a company […]
What is Limited Liability Partnership (LLP)
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Limited Liability Partnership is a modernization form of partnership by giving the facility of a separate legal entity. A Limited Liability Partnership, popularly known as LLP combines the advantages of both the Limited Liability Company and Partnership into a single form of organization. Limited Liability Partnership has been introduced in India by way of the Limited […]
How to Registered Limited Liability Partnership (LLP)
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LLP Registration is a form of business that provides benefits of both limited liability and flexibility of partnership business into a single form of organization i.e. LLP (Limited Liability Partnership) Firm. It is a separate legal entity just like other companies and also it has the benefit of a partnership firm of having limited liability […]