RBI notifies Foreign Exchange Management (Borrowing and Lending) Regulations, 2018
The Reserve Bank of India has notified the new FEMA (Borrowing and Lending) Regulations on 17th December, 2018, to regulate borrowing and lending transactions between a person resident in India and a person resident outside India. RBI has come up with these regulations to cope up with the changing dynamics of the economy. Regulation 3 […]
Review of FDI Policy in e-commerce
Ministry of Commerce and Industry, DIPP has clarified the FDI policy on e-commerce activities in a press note dated 26th December, 2018, which will come to effect from 2nd February, 2019. 100% FDI is allowed in e-commerce. E-commerce entities are allowed only to engage in Business to business (B2B) e-commerce and not Business to Consumer […]
MCA clarifies last date of filing of NFRA-1
Ministry of Corporate Affairs has clarified the date of filing of NFRA-1 in a circular dated 13th December, 2018. As per the Circular, NFRA-1 can be filed within 30 days from the date of deployment of the form on the website of Ministry/ National Financial Reporting Authority (NFRA). As per Rule 3 of National Financial […]
