Transfer-pricing methodology protects commercially genuine associated-enterprise payments, while pre-2016 secondary adjustments and related notional i...
Negative liens over operating assets can constitute international transactions requiring arm's-length pricing reflecting restricted borrowing and expa...
Cross-examination rights in Customs Broker revocation inquiries require witness examination; procedural denial may be cured through fresh adjudication...
Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on re...
Automated Free Sale and Commerce Certificates enable paperless processing while retaining risk-based manual verification for selected exporter applica...
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This notification amends the Foreign Exchange Management (Non-debt Instruments) Rules, 2019, introducing key changes. It defines "control" for limited liability partnerships and revises the definition of "startup company." It mandates prior government approval for equity transfers wherever applicable. It permits swapping equity instruments or equity capital between residents and non-residents, subject to rules and regulations. It excludes investment by NRIs/OCIs from indirect foreign investment calculation. It allows Indian companies to issue equity against swapping equity capital of foreign companies. It raises the foreign portfolio investment sectoral cap without ownership transfer. It permits 100% foreign investment in white label ATM operations under specific criteria. It clarifies common ownership criteria for investor groups of foreign portfolio investors. It exempts startup investments from sectoral caps for debt instruments while applying caps for equity investments.
This notification amends the Foreign Exchange Management (Non-debt Instruments) Rules, 2019, introducing key changes. It defines "control" for limited liability partnerships and revises the definition of "startup company." It mandates prior government approval for equity transfers wherever applicable. It permits swapping equity instruments or equity capital between residents and non-residents, subject to rules and regulations. It excludes investment by NRIs/OCIs from indirect foreign investment calculation. It allows Indian companies to issue equity against swapping equity capital of foreign companies. It raises the foreign portfolio investment sectoral cap without ownership transfer. It permits 100% foreign investment in white label ATM operations under specific criteria. It clarifies common ownership criteria for investor groups of foreign portfolio investors. It exempts startup investments from sectoral caps for debt instruments while applying caps for equity investments.
Note: It is a system-generated summary and is for quick reference only.