Reg.: Foreign Exchange Management Act, 2000.

As per Rule 3 of the Foreign Exchange Management (Current Account Transactions) (Amendment) Rules, 2001, a person CAN NOT draw foreign exchange for any of the transactions specified in the Schedule I, one of which is
“Payment of commission on exports made towards equity investment in joint ventures/wholly owned subsidiaries abroad of Indian companies.”

Can any of you explain the above transaction with example, please…..


Regards,
Sridharan R.
Salem.

whether in BOD meeting director attending meeting by video conferencing will be counted for quorum
(my ques. is as per latest circular issued by MCA with this respect)

Dear Sir,
01. Waht is the Minimum member for register EPF for Pvt.Ltd Company,
02. In our office, we are in 13 employees, will able to register EPF?
03. Kindly update above questioneries

Regards
Prakash

Im a CA-Final student and as im about to complete my CA, im planning to pursue LLB in the field of Taxation...

I hv already completed my graduation in B.com from D.U.

Plz advice me regarding-
1) the eligibility criteria
2) best colleges/institutes offering such a course

Thanks

i have purchased a house(flat) 4yrs back but dint registered it.now the promoter is creating problem and is not showing any interest in registration.
how can i get my property registered?is it necessary to involve promoter in it?
plz advice

whether for counting 2/3 of total director for the purpose of sec: 255(1)director appointed u/s 408 (by CG) will be counted or not ?

Dear all,
Kindly clarify the following:
Indian citizen but Non Resident as per FEMA sold his property in India and paid the capital gains tax for the same.
He wants to use the net consideration in abroad for own purposes.
What is the procedures and compliances to be followed to convert the net consideration to foreign currency.

Dear Experts

is there any rule regarding Spouse allowance.
our management is telling no spouse allowance
will be allowed with my salary if i am joined with the company after marriage. and telling that after joined company if i marry then only i can get Spouse Allowance. Kindly confirm

Thanks in advance

Please explain?

Certain employees working with Engineering factory to
which Factories Act, 1948 applied.

The employees were paid for by cash without any signature and no
appointment letter of their engagement.
They did not sign any attendence register.

In other words
there were no records about their employment and for receiving
their salaries.

The services of these employees were terminated.
Can these employees successfully claim for re-instatement
under the industrial Disputes Act, 1947?

1991: Mr. A Taken a shop for rent Rs. 25 per month & a payment of Rs. 50000(Pagadi)

2011 :Now The shop demolished. & Mr. A is rebuliding the shop.. Now After 25 yrs

Mr. B asking Mr. A to increase the rent.. Is MR. B right

Assuming Mr. A is Repairing the Shop

& If Mr. A is Rebuliding it into other structure.