Overriding Clarification on Classification of Manufacture & Service Industries under Micro Small Medium Enterprises Act issued by MSME Ministry

Overriding Clarification on Classification of Manufacture & Service Industries under Micro Small Medium Enterprises Act issued by MSME Ministry

9:21 PM / 0 Comments

Categorisation of activities under manufacture or service under the MSMED Act, 2006 This always remained as a moot point, while categorising under MSMED...

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No Ministry of Commerce approval is required for Royalty/Lumpsum payment above 5%/8% - RBI Current Account Transaction Amendment

No Ministry of Commerce approval is required for Royalty/Lumpsum payment above 5%/8% - RBI Current Account Transaction Amendment

11:42 AM / 0 Comments

In continuation of Press Note 8 issued by DIPP with effect from 16.12. 2009 that No limits for royalty/lumpsum payment in FEMA under...

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DIPP Consolidated FDI Policy Circular 1 of 2010 wef 1st April and all Press Notes repealed, the legal edifice is built on FEMA RBI notifications (Master)

DIPP Consolidated FDI Policy Circular 1 of 2010 wef 1st April and all Press Notes repealed, the legal edifice is built on FEMA RBI notifications (Master)

10:32 AM / 1 Comments

The system of periodic consolidation and updation of Indian Foreign Direct investment (FDI) Policy issued by Department of Industrial Policy & Promotion (DIPP)...

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Changes in Automatic Route Sectoral Cap under FEMA FIPB & treatment of additional foreign investments - Press Note 1 2010

Changes in Automatic Route Sectoral Cap under FEMA FIPB & treatment of additional foreign investments - Press Note 1 2010

9:52 AM / 0 Comments

Government Route (ie) prior approval of Government of India shall be considered by Foreign Investment Promotion Board (FIPB), under Department of Economic Affairs...

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Download all Press Notes from 1991 to 2009 issued by DIPP as it proposes to consolidate PNs in 2010 to release a comprehensive FDI policy in India like Master Circulars with a sunset clause of 6 months

Download all Press Notes from 1991 to 2009 issued by DIPP as it proposes to consolidate PNs in 2010 to release a comprehensive FDI policy in India like Master Circulars with a sunset clause of 6 months

11:31 AM / 19 Comments

Draft Master Press Note with FDI Regulatory Framework The Legal basis: Foreign Direct Investments (FDI) by non-resident (NRI) in resident entities through transfer...

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Foreign Investment in Commodity Exchanges to be diluted on or before 31st March 2010 – PN 7 issued by DIPP

Foreign Investment in Commodity Exchanges to be diluted on or before 31st March 2010 – PN 7 issued by DIPP

11:22 AM / 0 Comments

Press Note 7 of 2009 vide D/o IPP F.No. 12(58)/2005-FC dated 26.09.2009 Difficulties have been brought to the notice of the government in...

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No limits for royalty/lumpsum payment in FEMA under Current Account Transaction as per PN 8 – DIPP allowed it under Automatic route (ie) without the approval of RBI

No limits for royalty/lumpsum payment in FEMA under Current Account Transaction as per PN 8 – DIPP allowed it under Automatic route (ie) without the approval of RBI

11:15 AM / 8 Comments

Press Note 8 of 2009 as notified by 0/0 IPP F. No. 5(6)/2008-FC dated 16.12.2009 The existing policy of Government of India on...

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Manufacturing Enterprise is same as Industry or Industrial Undertaking (SSI) as the Act uses enterprise for both manufacturing & service – MSME Clarifies

Manufacturing Enterprise is same as Industry or Industrial Undertaking (SSI) as the Act uses enterprise for both manufacturing & service – MSME Clarifies

3:35 PM / 0 Comments

The Micro, Small and Medium Enterprises Development Act, 2006 (MSMED) uses the terminology enterprise for the establishments engaged in manufacturing sector as well...

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NFE shall be calculated in rupees for SEZ unit approval, fluctuations may be considered, if negative – Ministry Clarification

NFE shall be calculated in rupees for SEZ unit approval, fluctuations may be considered, if negative – Ministry Clarification

1:16 PM / 0 Comments

F.No.C.6/9/2009-SEZ dated November 2009 under Ministry of Commerce & Industry as Instruction No. 41 Sub: Clarification on calculation of NFE as per Rule...

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Priority lending to Training centres & consultancy services registered as Micro or Small enterprise – RBI instructs banks

Priority lending to Training centres & consultancy services registered as Micro or Small enterprise – RBI instructs banks

10:34 PM / 0 Comments

Priority Sector Lending – Categorisation of activities under service under the Micro Small & Medium Enterprises Development (MSMED) Act, 2006 Understand the broad...

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Publishing, Printing – manufacture/service under Micro Small Medium Enterprises (MSMED) Act,2006 clarified

Publishing, Printing – manufacture/service under Micro Small Medium Enterprises (MSMED) Act,2006 clarified

11:54 AM / 3 Comments

Categorisation of activities under manufacture or service under the MSMED Act, 2006 Whether Printing is a manufacture / service?  Whether Publishing is manufacture...

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[FEMA]FC-TRS reporting amended & is subject to KYC & to be submitted within 60 days of consideration for transfer of equity instruments involving foreign nationals or NRI’s

[FEMA]FC-TRS reporting amended & is subject to KYC & to be submitted within 60 days of consideration for transfer of equity instruments involving foreign nationals or NRI’s

10:19 AM / 0 Comments

Foreign Direct Investment in India - Transfer of Shares / Preference Shares / Convertible Debentures by way of Sale - Modified Reporting Mechanism...

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[FTP-Hp] LUT & BG for duty credit scrips before realisation of export proceeds

[FTP-Hp] LUT & BG for duty credit scrips before realisation of export proceeds

9:29 AM / 0 Comments

Obtaining transferable duty credit scrips made easier Source: TNC Rajagopalan / New Delhi April 06, 2009, 0:09 IST Ref: Handbook of Procedures (FTP)...

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[MSMED]Small Scale Industry definition only under MSMED Act for IDRA too

[MSMED]Small Scale Industry definition only under MSMED Act for IDRA too

6:35 PM / 3 Comments

Small Scale & Ancillary Industry becomes Small or Medium Enterprise even for the purpose of IDRA. Rescinding of Notification No.857(E) dated 10 December,...

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[Press Note 2009]FDI, Downstream Invesment, clarification & types of companies

[Press Note 2009]FDI, Downstream Invesment, clarification & types of companies

11:51 AM / 0 Comments

Downstream investment refers to either fresh investment or acquisition by foreign-owned Indian holding company in a project of different activity which may or...

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[FDI-DIPP]Print Media liberalisation & read Indian Wall Street Journal now

[FDI-DIPP]Print Media liberalisation & read Indian Wall Street Journal now

12:35 PM / 0 Comments

Department of Industrial Policy & Promotion has issued press Note 1 of (2009 Series) dated 14th January 2009 amending FDI policies in Print...

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Print your Entrepreneurs Memorandum (EM) Number, to get identified as Micro & Small Enterprise

Print your Entrepreneurs Memorandum (EM) Number, to get identified as Micro & Small Enterprise

6:27 AM / 0 Comments

Whether Schedule VI Update of Companies Act is followed in Spirit ? Apprehensions have been expressed that in the absence of the identification...

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IEC modification, when 100% EoU becomes DTA

IEC modification, when 100% EoU becomes DTA

9:50 AM / 1 Comments

Yes,You will get a Fresh Import Export Code (IEC) from RA, once your 100% Export Oriented Unit (EoU) gets converted into a Domestic...

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Changes in FDI Policy - DIPP Press Notes Series 2008

Changes in FDI Policy - DIPP Press Notes Series 2008

10:18 PM / 1 Comments

Dear All,Department of Industrial Policy & Promotion has issued 6 Press Notes under 2008 series on 12th March 2008. Brief amendments in FDI...

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24% investment cap on SSIs removed - FDI

24% investment cap on SSIs removed - FDI

11:14 AM / 0 Comments

Dear All,24% investment cap on SSIs removed - FDI As per existing provisions, FDI is allowed upto 24% of capital in SSI units,...

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