The ten character alphanumeric permanent account number (PAN) is imperative for locals as well as foreign nationals and investors doing business in India. In this article, we highlight the main procedures on how to get a PAN, and the government’s mandate on financial transactions that require quoting PAN.
Land acquisition is a major bottleneck for companies looking to invest in India. Read to know about India ‘s Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation, and Resettlement Act, 2013 and how it impacts your business planning in India.
The RBI has proposed a regulatory sandbox framework to help the fintech sector in India achieve its full potential. Read to know more.
Foreign direct investment in limited liability partnership (LLP) has opened new avenues of opportunities for many foreign companies to enter India. Read to know about the benefits of setting up an LLP, and the latest changes pertaining to FDI in LLPs in India.
India’s new Aadhaar and Other Laws (Amendment) Ordinance, 2019, allows private companies to use Aadhaar number for voluntary KYC mechanisms at extra cost. Read to know more.
India has made it mandatory for all companies having a share capital to obtain the certificate of commencement of business before starting a business in India. Read to know more.
From February 1, 2019, e-commerce platforms with foreign investment will not be able to sell products of companies in which they own equity, or form exclusive marketing arrangements with sellers. Read to know more.
India has prohibited import of unregistered, non-compliant electronic and IT products. In this article, we outline steps and procedures for registering products with BIS in India.