Compounding of Contraventions under FEMA 1999
What does that mean ? In general sense, compounding means settling matters by a payment of penalty decide by authority. It is “doing the default good”. It is an speedy…
Foreign Liabilities and Assets {FLA} Compliance Under FEMA
What is ?FLA(Foreign Liabilities and Assets) Return under FEMA (Foreign Exchange and Management Act, 1999) is Annual Return required to be submitted by all:India resident companies,Partnership firms,SEBI registered Alternative Investment…