Articles by Prashant Shah

Brief overview of the RBI Retail Direct Scheme dated July 12, 2021

Prashant Shah 14 July 2021 at 09:28

Retail investors will have the facility to open and maintain the 'Retail Direct Gilt Account' with RBI. RDG Account can be opened through an 'Online portal' provided for the purpose of the scheme.

No Permanent Establishment Declaration from the non-resident payee under DTAA

Prashant Shah 19 June 2020 at 10:15

No Permanent Establishment Declaration from the non-resident payee under DTAA

RBIs liberalised remittance scheme

Prashant Shah 25 April 2020 at 10:49

Remittance is an income earned in foreign which is transferred to any family member/relative in the country from any foreign nation. The Reserve Bank of India regulates remittances from foreign nations through its Liberalised remittance scheme. RBI liberalized remittance Scheme is not available to corporates, partnership firms, HUF, Trusts, etc.