Net Worth
In the world of finance and business, net worth serves as a key indicator of financial health and stability. Whether for individuals, businesses, or corporations, understanding net worth can provide
Filing of FC-4 Return and the Role of CA Certification
The FC-4 return is a critical compliance requirement under the Foreign Contribution (Regulation) Act (FCRA), 2010, applicable to organizations receiving foreign contributions in India. Chartered Accountants (CAs) play an essential
MTT Trade Transactions
In the dynamic world of international trade, businesses frequently engage in MTT (Merchanting Trade Transactions) to capitalize on global market opportunities. While MTT transactions offer lucrative prospects, they also come
Fund Transfer from NRO to NRE Account: A Complete Guide for NRIs
Non-Resident Indians (NRIs) often maintain both NRO (Non-Resident Ordinary) and NRE (Non-Resident External) bank accounts in India to manage their income and savings. While an NRO account is used for
Business Succession Planning: Continuing the Success of Your Business
In today’s globalized economy, foreign investments play a pivotal role in a nation’s growth and development. To regulate and monitor these investments, India has implemented the Foreign Exchange Management Act
Annual Performance Report (APR) under FEMA
In today’s globalized economy, foreign investments play a pivotal role in a nation’s growth and development. To regulate and monitor these investments, India has implemented the Foreign Exchange Management Act
Things NRIs Should Do When Visiting India During Christmas Vacations
The holiday season brings a wave of excitement for many Non-Resident Indians (NRIs) who look forward to reconnecting with their families and celebrating Christmas in the land of their roots.
Legal Entity Identifier (LEI)
In the world of financial transactions, transparency, traceability, and risk management are paramount. One crucial tool that helps achieve these goals is the Legal Entity Identifier (LEI), a unique identifier
Gifting of a property may be a sore experience!
The income tax law is kind enough, it has exempted the gift to close relatives from income tax. The Gift of immovable property to close relatives can be done
CHS Audit-What Auditor Wants?
If you wish to remit the funds outside India, the GOI will not simply let you do so. GOI wish to confirm that if the payment is for legitimate purposes,