Forming a US LLC from India: The Tax and Compliance Costs Nobody Talks About
A single-member US LLC can be formed from a laptop in Bengaluru for under ₹50,000. The IRS penalty for failing to file just one form associated with...
ED not Mandated to Record Woman’s Statement at Residence during FEMA Summons for Discovery & Production of Evidence: Delhi HC [Read Order]
The Delhi High Court recently clarified that the Enforcement Directorate (ED) is not legally bound to record a woman’s statement at her residence during summons issued during investigations under...
![ED not Mandated to Record Woman’s Statement at Residence during FEMA Summons for Discovery & Production of Evidence: Delhi HC [Read Order]](https://images.taxscan.in/h-upload/2025/12/03/2109926-delhi-hc-fema-taxscan.webp "ED not Mandated to Record Woman’s Statement at Residence during FEMA Summons for Discovery & Production of Evidence: Delhi HC [Read Order]")
RBI Revises FEMA Rules on Carrying Indian Currency to and from Nepal, Bhutan, Pakistan & Bangladesh [Read Circular]
The Reserve Bank of India (RBI) has amended the Foreign Exchange Management Act, 1999 (FEMA) regulations governing export and import of Indian currency to and from its neighbouring countries. ...
![RBI Revises FEMA Rules on Carrying Indian Currency to and from Nepal, Bhutan, Pakistan & Bangladesh [Read Circular]](https://images.taxscan.in/h-upload/2025/12/03/2109916-rbi-revises-fema-rules-carrying-indian-currency-taxscan.webp "RBI Revises FEMA Rules on Carrying Indian Currency to and from Nepal, Bhutan, Pakistan & Bangladesh [Read Circular]")
RBI Extends Window for Realising Export Proceeds to 15 Months under FEMA (Export of Goods & Services) Regulations, 2025
TheReserve Bank of India (RBI) has notified the Foreign Exchange Management (Export of Goods and Services) (Second Amendment) Regulations, 2025, modifying key provisions to provide exporters with an...
NRI Property Sale: Decoding Capital Gains, TDS Obligations under IT Act, and Repatriation Compliance under FEMA
The sale of immovable property in India by a Non-Resident Indian (NRI) triggers a cascade of tax and regulatory compliance requirements, necessitating a careful understanding of the Income Tax Act, ...
FinMin Notifies Draft Amendments to Indian Insurance Companies (Foreign Investment) Rules, 2015 [Read Notification]
The Ministry of Finance (Department of Financial Services) has issued Notification G.S.R. 591(E) dated August 29, 2025, publishing draft amendments to the Indian Insurance Companies (Foreign...
![FinMin Notifies Draft Amendments to Indian Insurance Companies (Foreign Investment) Rules, 2015 [Read Notification]](https://images.taxscan.in/h-upload/2025/08/30/2082221-indian-insurance-companies-taxscan.webp "FinMin Notifies Draft Amendments to Indian Insurance Companies (Foreign Investment) Rules, 2015 [Read Notification]")
Person Found Guilty Under FEMA Cannot Seek Compounding After Adjudication: Calcutta HC Upholds RBI’s Rejection [Read Order]
In a recent ruling, the Calcutta High Court held that a person found guilty under the Foreign Exchange Management Act, 1999 (FEMA) cannot seek compounding of the offence after the adjudication ...
![Person Found Guilty Under FEMA Cannot Seek Compounding After Adjudication: Calcutta HC Upholds RBI’s Rejection [Read Order]](https://images.taxscan.in/h-upload/2025/08/16/2077551-fema-adjudication-calcutta-hc-rbi-taxscan.webp "Person Found Guilty Under FEMA Cannot Seek Compounding After Adjudication: Calcutta HC Upholds RBI’s Rejection [Read Order]")