Highlights of Foreign Exchange Management (Non Debt Instruments) Amendment Rules, 2024
In order to enhance the cross border investment flexibility, the government has amended the Foreign Exchange Management (Non Debt Instruments) Rules, 2019, through the Foreign Exchange Management (Fourth Amendment) Rules, 2024.
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Variable Capital Companies An Investment boost for future Capital inflows in India
The Union Budget 2024-25 introduced the concept of Variable Capital Companies (VCC) in India, which will provide a significant boost to foreign and domestic capital flow into India’s alternative investment space. VCCs represent a progressive structure in the realm of investment funds, providing significant flexibility and efficiency. This structure is designed to enhance the management and operational dynamics of funds, making them more appealing to investors and fund managers alike. ...
E Commerce Accounting Reconciliation
For companies, particularly start – ups, carrying out substantial business through e-commerce marketplaces, where transactions happen at lightning speed through payment gateways, maintaining accurate financial accounting is paramount. Therefore, E-commerce reconciliation emerges as a crucial process in this landscape, ensuring businesses can navigate the complexities of revenue recognition, expense management, and regulatory compliance on time and with efficacy. ...