Tag Archives: exchange

Foreign Exchange Management Regulations, 2017 issued: RBI

The Reserve Bank of India (RBI) has issued the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2017 (2017 Regulations). The 2017 Regulations consolidate the regulations, compliances and restrictions applicable to foreign investment … Continue reading

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Protocol for amendment of India-Mauritius DTAA notified: Govt.

The Protocol for amendment of the Convention for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and capital gains between India and Mauritius was signed by both countries on 10th May, … Continue reading

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Changes made in Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) Regulations, 2015: RBI

Attention of Authorised Dealers Banks is invited to the Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) Regulations, 2015, notified vide Notification No. FEMA 10(R)/2015-RB dated January 21, 2016, and A.P (DIR Series) Circular No. 51 … Continue reading

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India-Mauritius DTAA amended: Govt.

India and Mauritius signed the Protocol for amendment of the Convention for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income and Capital Gains. The key features of the Protocol are as … Continue reading

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‘Annual Turnover’ for commission purposes explained: SC

The Supreme Court of India recently clarified that the term ‘annual turnover’ cannot be restricted only to the amount earned by the stock broker vide brokerage while computing the registration fee of stock brokers payable to Securities and Exchange Board … Continue reading

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SEBI can’t arrest without following due procedure: BHC

Expounding upon the powers of arrest and detention of a recovery officer of Securities & Exchange Board of India (SEBI), the High Court of Bombay ruled that a tax recovery  officer cannot arrest or detain a person without reasons to … Continue reading

Posted in Banking Law, Company Law, Constitution Law, Contract Law, Criminal Law, Evidence Law, General Law, Income Tax Law, International Law | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment