TCS Regulations under the Liberalized Remittance Scheme (LRS) 2023
In Budget 2020, it was announced that if you remit money under the Liberalized Remittance Scheme (LRS) and it reaches a certain threshold, the TCS will apply. As a result,…
Top 10 Legal and Regulatory Mistakes That Start-ups Make
Setting up a business is a thrilling and stressful process, and entrepreneurs frequently have to traverse a riddle of legal and regulatory obligations. Registering a business is a decisive phase…
FIRC (Foreign Inward Remittance Certificate) in India: Types, Issuance, and Requirements
What is FIRC (Foreign Inward Remittance Certificate)? A FIRC (Foreign Inward Remittance Certificate) is a document that acts as proof of a foreign exchange inflow transaction. In India, approved banks…