Rbi Rationalises Fema Norms To Improve Ease Of Business

With an expect to advance simplicity of doing business, the Reserve Bank recently turned out with nine overhauled regulations under the Foreign Exchange Management Act (FEMA), 1999. Therefore, RBI said, respective original notifications and subsequent amendments stand repealed. “Keeping in perspective the target of advancing ease of doing business, a need was felt to solidify Read More →

start-ups

The Reserve Bank of India (RBI) recently relaxed several rules including foreign direct investment norms to boost start-up activity in the country. To begin with, start-ups are allowed to receive foreign venture capital investment irrespective of the sector in which they operate. The new norms will enable transfer of shares from foreign venture capital investors Read More →

Foreign Exchange Management Act (FEMA)

Abstract The government of India has formulated the Foreign Exchange Management Act (FEMA), which relates to the foreign direct investment in the country. Foreign Exchange Management Act (FEMA) has helped the country by encouraging external payment and trade. Formulation of Foreign Exchange Management Act (FEMA) In 1999, the Indian government formulated the Foreign Exchange Management Read More →

What is ISO Certification

ISO 9001:2015 is an internationally recognized quality standard. Chances are if you’re reading this you are interested in pursuing ISO certification for your business or organization. If you want to know more about the history and organization of ISO, please visit their web site at www.iso.ch. The International Organization for Standardization is based in Switzerland Read More →

Guidelines for Licensing of Payments Banks

1. Registration, licensing and regulations The payments bank will be registered as a public limited company under the Companies Act, 2013, and licensed under Section 22 of the Banking Regulation Act, 1949, with specific licensing conditions restricting its activities mainly to acceptance of demand deposits and provision of payments and remittance services. It will be Read More →

NRI Investment in Real Estate

In some of the Middle East nations as well as places like Malaysia and Singapore the domicile restrictions are forcing NRIs working there to secure a home back in India when the going is good. The RBI and FEMA regulations have categorically specified the kinds of investment that is permitted for NRIs in the real Read More →