Key Takeaways If you hold equity in a foreign entity as overseas direct investment, an Annual Performance Report is due for each foreign entity every year by 31 December. It is not tied to your…
There is a fixed date on your desk this quarter that will not appear in any compliance calendar: 30 September 2026. That is when the Reserve Bank's concessional treatment for fresh FCNR(B) and NRE term…
Key Takeaways A US subsidiary for an Indian startup is a business decision, not a growth milestone. Open one when a customer, an investor or a hire makes it necessary, not because it signals ambition.…
If you export from India and you have ever been told by your banker that rupee settlement "needs RBI approval", that answer is now out of date. On 17 July 2026 the Reserve Bank issued…
If you run a startup that touches foreign exchange, most regulatory headlines pass you by. This one should not. On 30 April 2026 the RBI notified the Foreign Exchange Management (Authorised Persons) Regulations, 2026 (Notification…
If you export goods or services, one FEMA number governs your cash flow more than almost any other: the realisation period, the outer limit within which you must bring in and repatriate the full value…
On June 24, 2026, the Reserve Bank of India carried out one of the largest housekeeping exercises in the history of India's foreign-exchange framework. Through A.P. (DIR Series) Circular No. 18 (reference RBI/2026-27/175), the RBI…
Note: All section references in this article are to the Income-tax Act 2025 (effective April 1, 2026), which has re-enacted the corresponding provisions of the Income-tax Act 1961 without substantive change to the transfer pricing…
Key Takeaways FEMA penalties can be up to 3x the contravention amount for ongoing violations. RBI's compounding facility lets you self-report and settle penalties before enforcement action. The compounding fee depends on the contravention amount,…
Expanding abroad is exciting. But for most Indian startups, it also comes with a compliance minefield that nobody warns you about. We put together a visual guide covering the 5 most common things that go…
