The Ministry of Corporate Affairs (MCA) has released an important update via General Circular No. 02/2025 dated 16 June 2025 , concerning the transition from MCA21 Version 2 (V2) to Version 3 (V3) and its impact on the filing of CSR-2 . As part of …
🛡️ Reserve Bank of India (Know Your Customer (KYC)) (Amendment) Directions, 2025 Ref : RBI/2025-26/51 | Date : June 12, 2025 Amends : RBI KYC Directions, 2016 1. Context and Purpose The Reserve Bank of India has amended the Master Direction on…
Indian companies and LLPs that have received Foreign Direct Investment (FDI) or made Overseas Direct Investments (ODI) are required to file an FLA Return with the Reserve Bank of India (RBI) annually. FLA stands for Foreign Liabilities and Assets , a…
Starting a business is an exciting journey, but it must begin with the right foundation—legally and structurally. In India, the most preferred business structure for startups is the Private Limited Company (Pvt Ltd) due to its flexibility, limited li…
Foreign investments are integral to Indian business, and compliance with FEMA (Foreign Exchange Management Act) is critical. One of the key requirements under FEMA is filing the FC-GPR (Foreign Currency-Gross Provisional Return) form when a company is…