Corporate Professionals Blog

Reporting under Foreign Exchange Management Act, 1999 (FEMA) Today, a huge number of Indian entities are engaged in various transactions relating to foreign exchange which are governed by FEMA, 1999. Foreign Exchange Management Act, 1999 and the various regulations issued by the Reserve Bank of India stipulate various reporting requirements on the companies engaged in foreign exchange transactions. Every company engaged in the activity involving foreign exchange is required to do the reporting compliances within the stipulated time period. Penal provisions are applicable on the company for every late or Non-filing of returns by the Company.

As the world turned to a global village, India leaped ahead of its Peer Countries due to its several investment opportunities, huge growth potential and favorable business environment and became a hub of Foreign Investment. The steady growth of foreign investment in the Country since the past few years has become one of the pivotal factors in determining the pace of growth of Indian Economy. The foreign Investment in India is not only a growth driver for India Inc. but it also plays a vital role in granting confidence and trustworthiness to the present as well as potential stakeholders of the organization besides earning International repute and recognition for the country. Infusion of foreign funds in the veins of Indian Economy has largely stimulated the growth of Indian Economy and with the government further liberalizing and streamlining the Foreign Investment policies and procedures, is hopefully supposed to play a crucial role even for the times to come. DO READ OUR ARTICL...

After serving the Clients through its web based products like www.takeovercode.com , www.startbizindia.in , www.llponline.in , Corporate Professionals, a leading Corporate Legal and Financial Advisory firm, today added one more feather in its cap and proudly announcing the launch of www.femaindia.in, the one stop online solution for all forex law queries and assignments. Femaindia.in is a very first website which provides in-depth coverage on foreign exchange laws applicable in India. It is a destination for all your FEMA related needs and providing all the relevant information with a click of a mouse. With a back end support of professionals like CAs, CSs and Lawyers who are expert in this field, you can bank upon the contents of this website blindly. Whether it is advisory, audit, valuation or execution of transaction, femaindia.in is a name to be referred. Services Offered on www.femaindia.in