Latest Update on the due date of DIR 3 KYC Recently the MCA has extended the due date for the conclusion of the Companies Fresh Start Scheme, 2020 (CFSS 2020) from 3oth September, 2020 to 31st December, 2020. Hence, all […]

India today is considered to be one of the major forces in the global economic market. Though India is a developing economy, its economy has a major impact on global trading. The majority of the world’s leading developed nations are […]

All about Foreign Direct Investment in India In the current economic environment, there are no isolated economies anymore. All countries now function on a global level. And hence we have a strong global economy, where there are very few barriers […]

FEMA Compliance in India : Guidelines, Requirements, Benefits, Documents Required, criteria Introduction Established in 1999 to replace the Foreign Exchange Regulation Act (FERA), FEMA was introduced to align India’s foreign exchange rules with economic liberalization. It regulates foreign exchange use and […]

What is XBRL? XBRL is a language for e-communication of financial and business data for business reporting. It is a standardized communication language in the electronic form to express, report, or file financial statements by Companies. However, XBRL is only […]

The Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman made her maiden Budget Speech on 5th July,2019 and presented the Union Budget 2019-20 before the Parliament.    As expected the budget has brought several remarkable provisions for the […]

DIR 3 KYC Extension likely   As per sources, we have come to know that MCA has already extended the due date of filing DIR 3 KYC for directors. The due date has been extended to 15th October 2019 from […]

A guide on format of CS Certificate to be attached with FC-GPR The company filing for the FC-GPR with the RBI need to attach certain documents in a specified format. and certificate of the Company Secretary of the Indian Company. […]

The company filing for the Form FC-GPR with the RBI need to attach certain documents in a specified format. The declaration by the authorised representatives of the Indian Company, the format in which such declaration is to be filed are […]