News on Reserve Bank of India

BLOG POSTS News on Reserve Bank of India By Ventura Pranas | 05/08/2019 Updates from the Reserve Bank of India Reserve Bank relaxes end-use stipulations under External Commercial Borrowings Framework for Corporates and NBFCs To further liberalize the ECB framework, it has been decided, in consultation with the Government of India, to relax the end-use […]

EB-5 Synopsis

BLOG POSTS EB-5 Synopsis By Ventura Pranas | 05/07/2019 Table of Contents What is EB-5? It’s an employment-based Immigrant Investor Visa Program, provides a method for eligible immigrant investors to become lawful permanent residents (Informally known as “green card” holders) by investing to finance a business in Unites States that will employ at least 10 […]

New Income Tax Rules

BLOG POSTS New Income Tax Rules By Ventura Pranas | 18/06/2019 New Income Tax rules Defaulters can’t escape by just paying penalty The revised guidelines issued by the Income Tax (I-T) department have made serious offences under the black money and benami laws generally non-compoundable. It means that an individual or an entity would not […]

News from MCA

Law

BLOG POSTS News from MCA By Ventura Pranas | 12/06/2019 News from MCA Please note that last date for filing ACTIVE(INC-22A) expires on 15th June 2019 and no further extension would be provided. Incase ACTIVE is not filed on or before the said date, the compliance status for such companies shall be marked as ‘ACTIVE […]

Transfer of Funds under FEMA

Stack of coins

BLOG POSTS Transfer of Funds under FEMA By Ventura Pranas | 28/05/2019 Table of Contents Transfer of funds from an entity outside India to an India entity under FEMA a) Money can be transferred under FEMA if the buyer and seller have a SOW in place and goods / services have changed hands. The seller […]

Rules for NRIs Investment in Indian Real Estate

BLOG POSTS Rules for NRIs Investment in Indian Real Estate By Ventura Pranas | 26/05/2019 Table of Contents Important rules for NRIs investing in Indian real estate A non-resident Indian who wishes to buy a property in India, should be aware of the regulations that govern the acquisition and sale of property, as well as […]

Interim Budget 2019 Highlights

Tax Rebate

BLOG POSTS Interim Budget 2019 Highlights By Ventura Pranas | 01/04/2019 Table of Contents New Form 12BB, Income Tax Act, 1961 Submit Form 12BB: You need to submit an investment and expense declaration (such as house rent, leave travel, interest on housing loan, tuition fees, etc) with your employer at the beginning of the year, […]

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