RBI Consulting
The Central Government of India formulated an act to encourage external payments and across the border trades in India known as the Foreign Exchange Management Act. FEMA (Foreign Exchange Management Act) was introduced in the year 1999 to replace an earlier act FERA (Foreign Exchange Regulation Act). FEMA was formulated to fill all the loopholes and drawback of FERA (Foreign Exchange Regulation Act) and hence several economic reforms (major reforms) were introduced under the FEMA act. FEMA was basically introduced to de-regularize and have a liberal economy in India.
Services offered by SAKH & Associates are:
- Consultancy
- Planning
- Collaboration In/ Outside India
- Overseas Investment
- Investment by Foreign Enterprises, Foreign Resident in India(FDI)
- Non –Resident Indian(NRI)/Person of Indian Origin (POI)
- Statutory Compliances
- Taxation
- International transactions covered under FEMA
- Opening of Liaison offices, Project offices & Branch offices in India
- External Commercial Borrowings
- Investment in Real Estate Sector through FDI and by NRI/PIO in Real State Sector
- Reserve Bank of India (Obtaining permission in professional field under various provisions of FEMA
- International transactions under FEMA
