News:The government has issued new rules that makes it compulsory for e-commerce companies with foreign investments to submit an audit report every year. Facts: About the new rules: The rules will be applicable on E-commerce companies with foreign investments such as Amazon, Flipkart among others. These companies have to submit a report prepared by statutory… Continue reading Audit for FDI norms must for e-com firms
Tag: FDI NORMS
Compliance of FDI norms: RBI to unveil report submission mechanism soon
The Reserve Bank of India(RBI) is expected to come up with a mechanism for e-commerce marketplaces to submit their reports proving compliance with the FDI guidelines. According to the FDI norms by the Department for Promotion of Industry and Internal Trade (DPIIT),an e-commerce marketplace entities are required to furnish a certificate along with a report… Continue reading Compliance of FDI norms: RBI to unveil report submission mechanism soon
