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.

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

WHAT IS THE ASIA PACIFIC REGION? The Asia-Pacific is the part near the Western Pacific Ocean and generally includes East Asia, South Asia, Southeast Asia, and Oceania. The Asia-Pacific region has kept on bringing high economic development rates surpassing those in different

Customs Department extending the exemption for execution of Bank Guarantee (BG) based upon the export turnover, quantum of duty, tax paid, etc. vide earlier circular No. 58/2004-Cus dated 21.10.2004 as amended vide circular Nos. 17/2009-Cus dated 25.05.2009, 32/2009-Cus dated 25.11.2009,

Foreign Entities has an option for establishing a Branch Office, Liaison Office, Project Office or any other place of business in India, under FEMA Act, 1999. Permitted Activity of Branch Office in India: Companies incorporated outside India and engaged in manufacturing or trading activities are

British Exit from EU - The U.K. sealed a historic trade deal with the European Union, avoiding a bitter breakup and preparing the ground for a new relationship with its biggest commercial partner. Britain had formally left the EU in

 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

The Competition Commission of India (CCI) is a statutory body of the Government of India which is responsible for enforcing the Competition Act, 2002; in order to promote a competitive environment in India. It has been established by the Central Government with effect from 14th October 2003. The

A direct tax is one that the taxpayer pays directly to the government. These taxes cannot be shifted to any other person or group. An indirect tax is one that can be passed on-or shifted-to another person or group by

Sed non mauris vitae erat consequat auctor eu in elit. Class aptent taciti sociosqu ad litora torquent per conubia nostra, per inceptos himenaeos. Mauris in erat justo. Nullam ac urna eu felispibus condimentum sit amet a augue. Sed non

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

FIRST TIME IN THE HISTORY, INDIA HAS JUMPED 30 PLACES TO BREAK INTO THE TOP 100 COUNTRIES FOR DOING BUSINESS AND SECURED 100TH RANK. India is closer to global best practices in the regulatory framework for business; all this was achieved

Sed non mauris vitae erat consequat auctor eu in elit. Class aptent taciti sociosqu ad litora torquent per conubia nostra, per inceptos himenaeos. Mauris in erat justo. Nullam ac urna eu felispibus condimentum sit amet a augue. Sed non

Sed non mauris vitae erat consequat auctor eu in elit. Class aptent taciti sociosqu ad litora torquent per conubia nostra, per inceptos himenaeos. Mauris in erat justo. Nullam ac urna eu felispibus condimentum sit amet a augue. Sed non

Sed non mauris vitae erat consequat auctor eu in elit. Class aptent taciti sociosqu ad litora torquent per conubia nostra, per inceptos himenaeos. Mauris in erat justo. Nullam ac urna eu felispibus condimentum sit amet a augue. Sed non

  What is the time limit for the settlement of import payments? Import payments should be settled down within a period of 6 months from the date of shipment. Can an extension be granted for settlement of import payments

The full value of export of goods shall be received through an AD bank in the manner specified under foreign exchange Management (manner of receipt and payment) Regulations, 2000, and payment can be made in the form of a bank

Step 1:- file SPICe+ directly on the MCA’s portal; Step 2:- Apply for Name Reservation by filing Part A of the form SPICe+ and then file Part B or file Part A and Part B simultaneously, If the applicant is sure

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

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

An Indian person can make an investment in outside India, either under the Automatic Route or the Approval Route. What are the General Permissions available to persons (Individual) Resident in India for Purchase / Acquisition of Securities?  General permission has been granted

.1. How can overseas investment by proprietorship concerns be done? The proprietorship concerns and unregistered partnership firms have been allowed to set up a Joint Venture outside India with the prior approval of RBI subject to satisfying certain eligibility criteria. Investments by

In January post publication of its report entitled “Legal Framework: Gambling and Sports Betting” Law Commission of India inclusive of Cricket, the Commission released a press note stressing that its suggestion was to banning on betting and gambling activities in

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

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

When an Indian transactions goods from one foreign country to another foreign country it is known as Merchanting transactions. What are the conditions that are required to be fulfilled for Merchanting trade transactions? The supplier of goods will be

The Lok Sabha has passed Negotiable Instruments (Amendment) Bill on July 23, 2018. The amendment introduces new provisions, Section 143A and 148 in the Negotiable Instruments Act, 1881. The new provisions are made to provide relief to the complainant who

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

The Hon’ble Supreme Court of India has recently held that reassessment of customs duty is administrative review power. Such power must be exercised by the same officer (i.e. the Proper Officer) or his successor who carried out the original assessment

In pursuance of the aforesaid announcement, on 5th June 2020, an Ordinance titled “Insolvency And Bankruptcy Code (Amendment) Ordinance 2020” came to be promulgated by insertion of section 10A which has practically suspended the applicability of section 7, 9, and

A Non Profit making Company is a Company which: Has in its objects, the promotion of commerce, art, science, sports, education, research, social welfare, religion, charity, and protection of environment or any other such objects. Intends to apply its profits

In today’s time, people are fascinated by the idea of settling outside India. Everyone dreams of having a job or business in other developed countries at least once in a lifetime. Those who get successful in the process of settling

LEGALLANDS LLP global transfer pricing practice, in partnership with International Tax Review, is pleased to present the 2019 edition of the Transfer Pricing Controversy Guide, a discussion and overview of the leading issues, challenges and opportunities around transfer pricing (TP)

UAE’s New Citizenship law Policy has approved it's Golden Visa’ Program allowing up to 10 years of residency. The United Arab Emirates has announced its new citizenship policy through which it plans to offer citizenship to a select group of foreigners.

CSR stands for CORPORATE SOCIAL RESPONSIBILITY, Under Section 135 of the Companies Act 2013, the Ministry of Corporate Affairs (MCA) has released a Circular with regard to CSR. Under the Circular MCA suggests some measures for better monitoring of the

Mediation is a process where the dispute between two parties is solved by a third party. The mediator, to solve a dispute that has brought up a lawsuit between them. Mediation Law is an alternative dispute resolution process mediation Characteristics

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

Sed non mauris vitae erat consequat auctor eu in elit. Class aptent taciti sociosqu ad litora torquent per conubia nostra, per inceptos himenaeos. Mauris in erat justo. Nullam ac urna eu felispibus condimentum sit amet a augue. Sed non

Sed non mauris vitae erat consequat auctor eu in elit. Class aptent taciti sociosqu ad litora torquent per conubia nostra, per inceptos himenaeos. Mauris in erat justo. Nullam ac urna eu felispibus condimentum sit amet a augue. Sed non

Sed non mauris vitae erat consequat auctor eu in elit. Class aptent taciti sociosqu ad litora torquent per conubia nostra, per inceptos himenaeos. Mauris in erat justo. Nullam ac urna eu felispibus condimentum sit amet a augue. Sed non

Sed non mauris vitae erat consequat auctor eu in elit. Class aptent taciti sociosqu ad litora torquent per conubia nostra, per inceptos himenaeos. Mauris in erat justo. Nullam ac urna eu felispibus condimentum sit amet a augue. Sed non

A Non Profit making Company is a Company which: Has in its objects, the promotion of commerce, art, science, sports, education, research, social welfare, religion, charity, and protection of environment or any other such objects. Intends to apply its profits

LEGALLANDS LLP global transfer pricing practice, in partnership with International Tax Review, is pleased to present the 2019 edition of the Transfer Pricing Controversy Guide, a discussion and overview of the leading issues, challenges and opportunities around transfer pricing (TP)

Customs Department extending the exemption for execution of Bank Guarantee (BG) based upon the export turnover, quantum of duty, tax paid, etc. vide earlier circular No. 58/2004-Cus dated 21.10.2004 as amended vide circular Nos. 17/2009-Cus dated 25.05.2009, 32/2009-Cus dated 25.11.2009,

In pursuance of the aforesaid announcement, on 5th June 2020, an Ordinance titled “Insolvency And Bankruptcy Code (Amendment) Ordinance 2020” came to be promulgated by insertion of section 10A which has practically suspended the applicability of section 7, 9, and

FIRST TIME IN THE HISTORY, INDIA HAS JUMPED 30 PLACES TO BREAK INTO THE TOP 100 COUNTRIES FOR DOING BUSINESS AND SECURED 100TH RANK. India is closer to global best practices in the regulatory framework for business; all this was achieved

The Lok Sabha has passed Negotiable Instruments (Amendment) Bill on July 23, 2018. The amendment introduces new provisions, Section 143A and 148 in the Negotiable Instruments Act, 1881. The new provisions are made to provide relief to the complainant who

In January post publication of its report entitled “Legal Framework: Gambling and Sports Betting” Law Commission of India inclusive of Cricket, the Commission released a press note stressing that its suggestion was to banning on betting and gambling activities in

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

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.

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

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

Mediation is a process where the dispute between two parties is solved by a third party. The mediator, to solve a dispute that has brought up a lawsuit between them. Mediation Law is an alternative dispute resolution process mediation Characteristics

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

 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

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

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

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

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

Step 1:- file SPICe+ directly on the MCA’s portal; Step 2:- Apply for Name Reservation by filing Part A of the form SPICe+ and then file Part B or file Part A and Part B simultaneously, If the applicant is sure

UAE’s New Citizenship law Policy has approved it's Golden Visa’ Program allowing up to 10 years of residency. The United Arab Emirates has announced its new citizenship policy through which it plans to offer citizenship to a select group of foreigners.

British Exit from EU - The U.K. sealed a historic trade deal with the European Union, avoiding a bitter breakup and preparing the ground for a new relationship with its biggest commercial partner. Britain had formally left the EU in

The Competition Commission of India (CCI) is a statutory body of the Government of India which is responsible for enforcing the Competition Act, 2002; in order to promote a competitive environment in India. It has been established by the Central Government with effect from 14th October 2003. The

A direct tax is one that the taxpayer pays directly to the government. These taxes cannot be shifted to any other person or group. An indirect tax is one that can be passed on-or shifted-to another person or group by

Foreign Entities has an option for establishing a Branch Office, Liaison Office, Project Office or any other place of business in India, under FEMA Act, 1999. Permitted Activity of Branch Office in India: Companies incorporated outside India and engaged in manufacturing or trading activities are

The full value of export of goods shall be received through an AD bank in the manner specified under foreign exchange Management (manner of receipt and payment) Regulations, 2000, and payment can be made in the form of a bank

  What is the time limit for the settlement of import payments? Import payments should be settled down within a period of 6 months from the date of shipment. Can an extension be granted for settlement of import payments

An Indian person can make an investment in outside India, either under the Automatic Route or the Approval Route. What are the General Permissions available to persons (Individual) Resident in India for Purchase / Acquisition of Securities?  General permission has been granted

When an Indian transactions goods from one foreign country to another foreign country it is known as Merchanting transactions. What are the conditions that are required to be fulfilled for Merchanting trade transactions? The supplier of goods will be

.1. How can overseas investment by proprietorship concerns be done? The proprietorship concerns and unregistered partnership firms have been allowed to set up a Joint Venture outside India with the prior approval of RBI subject to satisfying certain eligibility criteria. Investments by

CSR stands for CORPORATE SOCIAL RESPONSIBILITY, Under Section 135 of the Companies Act 2013, the Ministry of Corporate Affairs (MCA) has released a Circular with regard to CSR. Under the Circular MCA suggests some measures for better monitoring of the

The Hon’ble Supreme Court of India has recently held that reassessment of customs duty is administrative review power. Such power must be exercised by the same officer (i.e. the Proper Officer) or his successor who carried out the original assessment

WHAT IS THE ASIA PACIFIC REGION? The Asia-Pacific is the part near the Western Pacific Ocean and generally includes East Asia, South Asia, Southeast Asia, and Oceania. The Asia-Pacific region has kept on bringing high economic development rates surpassing those in different

In today’s time, people are fascinated by the idea of settling outside India. Everyone dreams of having a job or business in other developed countries at least once in a lifetime. Those who get successful in the process of settling