June 29, 2018     by bsamrishindia.com
The present system of reporting foreign investments involves filing of various forms at ebiz (eBiz Portal ) and other platforms. New directions have been issued by RBI vide Circular dated 7th June 2018 (New RBI Circular) which lays down the agenda for implementing the reporting....
June 29, 2018     by bsamrishindia.com
Permanent Account Number (PAN) is a ten-digit alphanumeric code issued by the Income Tax Department of India mainly to a tax payer. It is unique to an individual or entity and is valid across India. It is mandatory for entering into financial transactions like buying and selling....
May 29, 2017     by bsamrishindia.com
How to close an LLP  in India (Easy Exit / Strike off)    There can be many modes of closing an LLP. Strike off, Voluntary Liquidation or filing for bankruptcy are few options depending upon the facts. If the LLP is not doing any business or never did any business....
April 10, 2017     by bsamrishindia.com
The Insolvency and Bankruptcy Board of India (IBBI) has notified the Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2016. These Regulations envisage for voluntary liquidation of a body corporate. As per these Regulations, body corporate....
March 4, 2017     by bsamrishindia.com
RBI services offered by e-Biz portal is currently under migration to a new platform from the Legacy (Current) platform from 27th February, 2017. This migration activity is going to be concluded in a phased manner. Hence, both the platforms, new as well as the current one, will....
January 20, 2017     by bsamrishindia.com
Form SPICe (INC-32) will be revised w.e.f 21st January 2017 to provide greater Ease of Doing Business to stakeholders. Application for PAN / TAN will be compulsory for all fresh incorporation applications filed in the new version of the SPICe form on or after 23rd January....
October 18, 2016     by bsamrishindia.com
27 May 2014 Ministry of Corporate Affairs (MCA) has reconciled with the fact that not all Fireign Nationals are required to have PAN. MCA has recently issued a Circular No. 12/2014, dated 22nd May, 2014stating that Foreign Nationals, who are not required to mandatorily....
October 3, 2016     by bsamrishindia.com
27 May 2014 Ministry of Corporate Affairs (MCA) has reconciled with the fact that not all Fireign Nationals are required to have PAN. MCA has recently issued a Circular No. 12/2014, dated 22nd May, 2014stating that Foreign Nationals, who are not required to mandatorily....
October 3, 2016     by bsamrishindia.com
MCA has issued clarifications on residency requirements through its General Circular No. 25/2014, No. 1/22/13-CL-V, dated 26th June, 2014 Clarification on Applicability of requirement for Resident Director Section 149(3) of the Companies Act, 2013 (Act) requires every....


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