Joint venture

Liberalised Remittance Scheme for Resident Individuals- Reduction of limit from USD 200,000 to USD 75,000

RBI/2013-14/181 A. P. (DIR Series) Circular No.24 August 14, 2013 To All Category-I Authorised Dealer Banks Madam / Sir, Liberalised Remittance Scheme for Resident Individuals- Reduction of limit from USD 200,000 to USD 75,000 Attention of Authorised Dealer Category - I (AD Category - I) banks is invited to the guidelines regarding the Liberalised Remittance… Read More

Tags: Anno DominiApril-MarchCategories of New Testament manuscriptsForeign Exchange Management ActIndiaJoint ventureSubsidiaryUSD

Overseas Direct Investments

RBI/2013-14/180 A. P. (DIR Series) Circular No.23 August  14, 2013 To All Category-I Authorised Dealer Banks Madam / Sir, Overseas Direct Investments Attention of Authorised Dealer Category - I (AD Category - I) banks is invited to the Notification No. FEMA.120/RB-2004 dated July 7, 2004, [Foreign Exchange Management (Transfer or Issue of Any Foreign Security) Regulations,… Read More

Tags: Anno Dominiforeign direct investmentForeign Exchange Management ActJoint ventureOil and Natural Gas CorporationOil India LtdOne Day InternationalReserve Bank of India

Master Circular on Direct Investment by Residents in Joint Venture (JV) /Wholly Owned Subsidiary (WOS) Abroad

RBI/2013-14/11 Master Circular No.11/2013-14 July 01, 2013 To, All Authorised Dealer Category - I banks Madam / Sir, Master Circular on Direct Investment by Residents in Joint Venture (JV) / Wholly Owned Subsidiary (WOS) Abroad Direct investments by residents in Joint Venture (JV) and Wholly Owned Subsidiary (WOS) abroad are being allowed, in terms of… Read More

Tags: BusinessEspooForeign Exchange Management ActJoint ventureMaster Circulars 1st July 2013NokiaNokia Siemens NetworkSiemensSubsidiary

Format for seeking clarifications on the FDI policy issues

(Bharat Sarkar) Ministry of Commerce & Industry (Vanijya our Udyog Mantralay) Department of Industrial Policy & Promotion (Audyogik Neeti Aur Samvardhan Vibhag) Dated the May10, 2013 NOTICE Subject: Format for seeking clarifications on the FDI policy issues This Department has been receiving a large number of requests from various stakeholders seeking clarifications on the provisions of FDI policy. It is noted that many of the requests for clarification do… Read More

Tags: AsiaDepartment of Industrial Policy & Promotionforeign direct investmentGovernmentGovernment of IndiaIndiaJoint ventureRetail

CBEC examines issues regarding difficulties faced in availing exemption in Oil Exploration Sector

Circular No. 21 /2013-Customs F.No.B1/20/2013 -TRU Government of India Ministry of Finance (Department of Revenue) Tax Research Unit ***** New Delhi, dated 16th May, 2013 To, All Chief Commissioners of Customs. All Chief Commissioners of Customs & Central Excise. All Chief Commissioners of Central Excise. Subject: Difficulties being faced in availing exemption relating to the… Read More

Tags: ContractGovernment of IndiaIndiaJoint ventureNew DelhiNew Exploration Licensing PolicySubcontractorTax exemption

FDI Proposals Approved by the Government

Further to para 8 of the Press Release dated March 25, 2013, wherein it was stated that decision of the 6 (Six) proposals will be communicated separately, the Central Government has approved two (2)Proposals of Foreign Direct Investment (FDI) amounting to Rs. 89.33 crore approximately. In addition, one proposal viz., M/s Yes Bank Limited, Mumbai amounting to Rs. 2650.00 crore, has been… Read More

Tags: BangaloreCabinet Committee on Economic Affairsforeign direct investmentForeign Investment Promotion BoardIndiaJoint ventureMumbaiYes Bank

Guidelines on Investment in Insurance for Core Investment Companies

RBI/2012-13/466 DNBS(PD) CC.No.322/03.10.001/2012-13 April 1, 2013 All NBFCs Dear Sirs, Core Investment Companies Guidelines on Investment in Insurance At present NBFCs venturing into insurance are guided by the circular DNBS(PD).CC.No.13/02.01/99-2000 dated June 30, 2000 on amendment to NBFC Regulations which contains the ˜Guidelines for entry of NBFCs into Insurance™. In view of the unique business model of… Read More

Tags: BusinessCore Investment CompaniesInsuranceJoint ventureNBFCNon-banking financial companyRegulationReserve BankRun batted in

Government Approves 6 Proposals of Foreign Direct Investment

Government Approves 6 Proposals of Foreign Direct Investment Amounting to Rs. 732.77 Crore Approximately Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on March 6, 2013, the Government has approved six (6) Proposals of Foreign Direct Investment (FDI) amounting toRs.732.77 crore approximately. Details of Proposals considered in the Foreign… Read More

Tags: Andhra PradeshFIPBforeign direct investmentForeign Investment Promotion BoardGovernmentIndiaJoint ventureMumbai

Definition of Related Party – A Comparative Analysis

Related party relationships are a normal feature of commerce and business. For example, entities frequently carry on parts of their activities through subsidiaries, joint ventures and associates. In those circumstances, the entity has the ability to affect the financial and operating policies of the investee through the presence of control, joint control or significant influence.… Read More

Tags: Board of directorsBusinessCompanies Act 1956Hindu Undivided FamilyIncome Tax ActIncome Tax Act 1961IndiaJoint ventureSubsidiarytransfer pricing

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