Dear Sir, Can you please tell me what are the FEMA compliances if a foreign subsidiary company borrows from holding company ? Pls let me know which form to be filed urgently. Pls help Sir

Can a foreign holding company give loan to Indian subsidiary? What will it be called under FEMA?

What if it does not want it for 3 years or more (as ECBs). Whats the other way out?

Thanks in advance.

Hi Sir,
I have recently applied for a Online PF Claim from UAN/EPFO Portal. But it is getting rejected with reason 'Claim Rejected BANK DETAILS IS NOT AUHTORISED BY THE SIGNATORY AUTHORITY".

Can you please help me out what kind of reason is this?
I have attached my passbook picture as well. I regularly withdraw the Employee part of the PF using the same passbook pic. But from last two times it is getting rejected with the above reason.
Could you please guide m what to do in this case??

MY RELATIVE WORKED IN A HOTEL IN TRICHY 10 YEARS BEACK. HE WAS DEDUCTED PF FROM HIS SALARY. AFTER THAT HE HAD WORKED WITH TWO OTHER COMPANIES. HE HAS THE SAME UAN FOR THE LAST TWO COMPANIES. HE WANTS TO WITHDRAWN AMOUNT FROM EPF.
BUT WE ARE UNABLE TO WITHDRAW BECASUE IT SHOWS THAT ONE MORE UAN IS LINKED WITH BANK. THE ISSUE IS THAT IT MAY BE OF THE HOTEL'S UAN NUMBER WHICH IS NOT FUNCTIONING NOW.

NOW LET US KNOW HOW TO SORT THIS ISSUE

IF WE LOGIN IN THE UAN IT SHOW THE FOLLOWING

THIS BANK ACCOUNT LINKED WITH THIS ACCOUNT IS ALSO LINKED TO ANOTHER UAN

HOW TO SORT THIS ISSUE\

THANKS AND REGRDS
SURESH R

We have a CA office in Thane and now we want to open a branch in Bangalore, Could anyone help with the terms & conditions for opening a branch of an LLP firm in another state?
1. Should we register again with Bangalore ICAI Institute?
2. Since it's an LLP Firm, is it a compulsion for 1 of the partner to be seated in that branch or can only employees be seated?
3. Do we have to apply for a leave license?

If a Company maintains separate books of accounts of its Group Gratuity Trust then Bank account separately opened for the Gratuity Fund will be reflecting in the Company's Balance Sheet or in the Trust's Balance Sheet?

I am 66 years of age I want to cancel my Profession Tax Number, how to do

Sir can you please send me simple format of articleship transfer letter

A Indian company is having 100% owned Foreign Subsidery.

There is a Loan given by HOLDING to Foreign Subsidery. Now Subsidery is sick and out of business and under liquation process in Foreign country ( as per local laws)

Need to understand the impact in HOLDING company books.
a) Under what Heading Holding company have to provide in books
b) Is there any pre or post restriction in FEMA / RBI Permission
c) Is there any other options to mitigate the losses.

One Pvt ltd is registered in 2021 & as per new agile form, they got mandatory registrations under pf & esi. But till april 23 they have not filed any pf/esi returns as they have not crossed the threshold nor filed the dormant status under esi.
But from may 23 they are liable to pay esi. So can they do anything for prior period compliances of pf & esi. And also further what do do with pf registration as this is still not applicable???