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As a measure towards improving the ease of doing business, procedure for Establishment of Branch Office (BO)/Liaison Office (LO)/Project Offices (PO) in India by Foreign entities simplified

News and Press Release - Dated:- 12-4-2016 - As a measure towards improving the ease of doing business, it has now been decided that except for a few sectors viz. Defence, Telecom, Private Security, Information and Broadcasting and Non-government org .....

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anyone who has been awarded a contract for a project by a Government authority/PSU would be automatically given approval to open a bank account. Regulations in this regard have been notified by RBI vide G.S.R. 384 dated March 31, 2016. Earlier these .....

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