Author Archives: admin

India Entry Strategy

Posted on August 11, 2023

Entry Option Investment routes Funding Option Repatriation of Funds India Entry Options Project Office: PO represents interests of the foreign company executing a project in India. Permitted activities These offices can only undertake an activity related and incidental to execution of … Continue reading →

Posted in Regulatory |

Document Identification Number (DIN) – Significance in Income Tax Department’s Communication

Posted on August 10, 2023

Central Board of Direct Taxes vide Circular No. 19/2019, mandated that no communications related to notice, order, appeal, assessment, investigation or any other correspondence shall be issued by the Income Tax Department without a computer-generated Document Identification Number (DIN). Continue reading →

Posted in Direct Tax |

Significant Changes-SEBI LODR

Posted on July 21, 2023

The Stock Exchange Board of India, vide SEBI (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2023 dated 14th June, 2023, and its follow-on Circulars dated 12th July, 2023, and 13th July, 2023, has introduced significant developments on disclosures by … Continue reading →

Posted in Regulatory |

Government Extends Implementation date for Revised TCS Rates and inclusion of Credit Card Payments in LRS

Posted on June 30, 2023

Certain changes were announced to the system of TCS on payments under the LRS and on overseas tour program packages. These were to take effect from 1 July 2023. The government had also notified Foreign Exchange Management (Current Account Transactions) … Continue reading →

Posted in Regulatory |

CBDT Incorporates Majority Rule to Address Split in Advance Rulings

Posted on June 14, 2023

Central Board of Direct Taxes (CBDT) vide Notification No. 38/2023 dated 12th June, 2023 amends the e-Advance Rulings Scheme, 2022(Scheme), substitutes clause (iv) in Para 6(C) of the Scheme with new clause (iv) and inserts clause (v) in Para 6(C) … Continue reading →

Posted in Direct Tax |