At White Business Consultant Pvt. Ltd., we provide end-to-end
International Remittance, FEMA, RBI, and Cross-Border Regulatory Advisory
services to individuals, NRIs, foreign investors, and Indian businesses.
Our advisory ensures lawful fund movement, regulatory compliance, tax efficiency,
and seamless execution of cross-border transactions.
Our expertise ensures full compliance with FEMA, RBI, FDI, ODI, LRS, and
Income Tax regulations, helping clients mitigate risk, avoid penalties,
and execute transactions smoothly through authorized banking channels.
FEMA & RBI Approval Advisory
Description
FEMA & RBI Approval Advisory provides regulatory guidance and execution
support for transactions governed by the Foreign Exchange Management Act
(FEMA) and RBI policies. These approvals are critical for lawful foreign
investments, cross-border remittances, overseas business operations,
and foreign ownership structures.
Who Requires It
- Indian companies receiving foreign investment
- Foreign entities acquiring Indian businesses
- NRIs involved in property, business, or financial transactions
- Entities undertaking cross-border loans, guarantees, or remittances
How WBC Can Help
- Regulatory feasibility and transaction structuring
- End-to-end FEMA and RBI approval assistance
- Coordination with RBI and Authorized Dealer (AD) Banks
- Post-approval compliance and risk mitigation support
FDI Policy Compliance
Description
FDI Policy Compliance ensures that foreign investments into India are
structured and executed in accordance with FEMA, RBI regulations, and
Government of India FDI policy guidelines.
Who Requires It
- Indian companies receiving FDI
- Foreign investors and joint ventures
- Startups with overseas ownership
How WBC Can Help
- Sectoral analysis and entry route determination
- FDI structuring and compliance execution
- FC-GPR, FC-TRS, and reporting support
- Ongoing post-investment compliance monitoring
Investment Structuring for NRIs & Foreign Entities
Description
Investment Structuring for NRIs and Foreign Entities involves designing
compliant, tax-efficient, and risk-mitigated investment frameworks for
inbound and outbound investments. Proper structuring ensures compliance
with FEMA, RBI regulations, FDI policy, and Indian tax laws while optimizing
ownership, repatriation, and exit strategies.
Who Requires It
- NRIs investing in Indian companies, startups, or joint ventures
- Foreign companies or individuals investing in India
- Entities acquiring Indian real estate or business assets
- Investors planning repatriation or exit from Indian investments
Eligibility & Process (Brief)
- Assessment of investor residency and eligibility under FEMA
- Selection of appropriate investment route (FDI, ODI, LRS, etc.)
- Structuring equity, debt, or hybrid instruments
- Tax, repatriation, and exit planning
How WBC Can Help
- Customized investment and ownership structuring advisory
- FEMA, FDI, RBI, and tax compliance execution
- Repatriation and exit strategy planning
- End-to-end coordination with banks and regulators
Advisory on Purchase & Sale of Property in India
Description
Property transaction advisory ensures lawful acquisition, transfer,
and sale of immovable property in India by residents, NRIs, and foreign
nationals. Compliance with FEMA, RBI regulations, state property laws,
and income tax provisions is critical to avoid penalties and future disputes.
Who Requires It
- NRIs and PIOs purchasing or selling property in India
- Foreign nationals inheriting or transferring property
- Residents selling property to non-residents
- Investors planning repatriation of sale proceeds
Eligibility & Process (Brief)
- Verification of eligibility under FEMA
- Review of property type and permissible transactions
- Capital gains and TDS computation
- Bank and remittance documentation
How WBC Can Help
- Eligibility and compliance assessment
- Transaction structuring and tax advisory
- TDS and capital gains planning
- Repatriation documentation and execution support
FEMA Compliance – Immovable Property
Description
FEMA Compliance for immovable property governs the acquisition, holding,
inheritance, gifting, transfer, and repatriation of property in India
by NRIs, PIOs, and foreign nationals.
Who Requires It
- NRIs and PIOs owning or transferring property in India
- Foreign nationals inheriting Indian property
- Residents transferring property to non-residents
Eligibility & Process (Brief)
- Eligibility verification under FEMA regulations
- Review of transaction structure and documentation
- Bank and AD compliance confirmation
- Post-transaction reporting and compliance
How WBC Can Help
- FEMA compliance review and advisory
- Transaction structuring and documentation support
- Coordination with Authorized Dealer banks
- End-to-end compliance assurance
Repatriation of Sale Proceeds
Description
Repatriation of sale proceeds involves transferring funds outside India
arising from sale of property or investments, subject to FEMA, RBI,
and income tax regulations.
Who Requires It
- NRIs selling property or investments in India
- Foreign investors exiting Indian businesses
- Individuals repatriating inherited assets
Eligibility & Process (Brief)
- Verification of repatriation eligibility and limits
- Capital gains tax and TDS compliance
- Preparation of bank and CA documentation
- Execution through Authorized Dealer banks
How WBC Can Help
- Eligibility and limit assessment
- Tax and compliance coordination
- Bank documentation and approvals
- Smooth outward remittance execution
Liaison with Banks & Authorised Dealers
Description
Liaison with Banks and Authorized Dealer (AD) Banks is a critical component
of FEMA compliance and cross-border transactions. Effective coordination
ensures smooth processing of inward and outward remittances, RBI reporting,
approvals, and confirmation of regulatory compliance for NRIs, foreign
investors, and Indian entities.
Who Requires It
- NRIs and foreign investors remitting funds to or from India
- Indian companies receiving FDI or making overseas investments
- Individuals requiring FEMA approvals or confirmations
- Entities filing RBI forms through AD banks
Eligibility & Process (Brief)
- Identification of applicable FEMA and RBI requirements
- Preparation of bank-specific documentation
- Submission through designated AD Bank
- Clarifications, approvals, and compliance confirmation
How WBC Can Help
- Preparation and submission of complete bank documentation
- Handling AD bank queries and FEMA confirmations
- Regular follow-ups for faster transaction execution
- Single-point coordination with banks and regulators
Reporting under FDI & ODI Regulations
Description
Reporting under Foreign Direct Investment (FDI) and Overseas Direct
Investment (ODI) regulations is mandatory for validating cross-border
capital transactions. Timely and accurate reporting to RBI ensures
regulatory compliance and prevents penalties.
Who Requires It
- Indian companies receiving foreign investment
- Indian residents or entities investing overseas
- NRIs holding capital instruments in Indian companies
- Entities involved in cross-border capital transactions
Eligibility & Process (Brief)
- Identification of applicable FDI/ODI reporting requirements
- Compilation of transaction, valuation, and KYC documents
- Filing returns through RBI portal via AD bank
- Rectification of defects and compliance tracking
How WBC Can Help
- Identification of correct RBI reporting forms
- Preparation and filing of FDI and ODI returns
- Coordination with AD banks and RBI
- Defect resolution and post-filing compliance support
Form FC-GPR & FC-TRS Advisory
Description
Form FC-GPR and FC-TRS are mandatory RBI filings under FEMA for issuance
or transfer of shares and capital instruments involving non-residents.
These filings validate foreign investment transactions in India.
Who Requires It
- Indian companies issuing shares to non-residents
- NRIs or foreign investors acquiring or transferring shares
- Resident shareholders transferring shares to non-residents
Eligibility & Process (Brief)
- Verification of transaction eligibility under FDI policy
- Valuation certification and KYC compliance
- Online filing of FC-GPR or FC-TRS through RBI portal
- Approval and confirmation through AD bank
How WBC Can Help
- Transaction eligibility and FEMA compliance review
- Valuation, KYC, and documentation support
- Online filing and AD bank coordination
- Post-filing follow-ups and approval confirmation
Annual FLA Return Support
Description
The Foreign Liabilities and Assets (FLA) Return is an annual RBI filing
mandatory for Indian entities having foreign investment or overseas
assets. Accurate reporting is essential to avoid penalties.
Who Requires It
- Companies with FDI or ODI
- LLPs with foreign investment
- Entities holding overseas assets or liabilities
Eligibility & Process (Brief)
- Applicability assessment based on financial data
- Reconciliation of foreign assets and liabilities
- Online filing with RBI within prescribed timelines
- Handling RBI queries, if any
How WBC Can Help
- Applicability assessment and data validation
- Financial reconciliation and reporting accuracy
- Timely filing of FLA return with RBI
- Query resolution and compliance support
Inward Remittances to India
Description
Inward Remittances to India advisory ensures that funds received from overseas are routed, classified, and utilized in compliance with FEMA and RBI regulations. Proper structuring and documentation are essential for correct purpose coding, regulatory reporting, tax alignment, and smooth credit of funds through Authorized Dealer (AD) Banks.
Who Requires It
- Indian companies receiving foreign investment or overseas funds
- NRIs remitting funds to India for investment, property, or family support
- Individuals and entities receiving foreign gifts or inheritances
- Exporters and service providers receiving foreign payments
Eligibility & Process (Brief)
- Identification of permissible remittance purpose under FEMA
- Guidance on correct routing through NRE/NRO or resident accounts
- Documentation support including remittance advice and declarations
- Coordination with AD Banks for purpose code tagging and reporting
- Compliance review for tax, FDI, or other regulatory requirements
How WBC Can Help
- Advisory on permissible inward remittance routes and purposes
- Coordination with AD Banks for smooth credit and classification
- Assistance with FDI-related inward remittances and reporting
- Documentation and compliance validation to avoid future disputes
- Resolution of bank queries and regulatory clarifications
Outward Remittances from India
Description
Outward Remittances from India advisory ensures that funds sent abroad comply with FEMA, RBI regulations, and tax provisions. Proper structuring, documentation, and bank coordination are essential to ensure lawful remittances for investment, business, education, family support, or property transactions.
Who Requires It
- Indian companies investing in foreign subsidiaries, joint ventures, or assets (ODI/FDI outflows)
- NRIs and resident individuals making overseas investments or donations
- Businesses remitting royalty, dividend, or loan repayments abroad
- Individuals transferring funds for education, medical, or family maintenance
Eligibility & Process (Brief)
- Verification of permissible remittance under FEMA/LRS/ODI guidelines
- Documentation and compliance check, including invoices, contracts, and declarations
- Routing remittance through Authorized Dealer (AD) Banks
- Submission of required forms and reporting to RBI
- Confirmation of remittance execution and regulatory compliance
How WBC Can Help
- Advisory on permissible routes, amounts, and purpose of remittances
- End-to-end coordination with AD Banks for smooth execution
- Assistance with ODI/FDI-related outward remittances and reporting
- Documentation preparation and validation to meet RBI/FEMA requirements
- Post-remittance compliance tracking and query resolution
Repatriation of Funds
Description
Repatriation of Funds advisory ensures that proceeds from investments, property sales, dividends, or other eligible sources in India are remitted abroad in full compliance with FEMA, RBI regulations, and applicable tax laws. Proper structuring and documentation are essential to avoid delays, penalties, or regulatory non-compliance.
Who Requires It
- NRIs and foreign investors seeking repatriation from Indian property sales, business proceeds, or dividends
- Companies remitting overseas profits, royalties, or loan repayments
- Heirs or beneficiaries transferring inherited funds outside India
- Investors and individuals engaged in cross-border financial transactions
Eligibility & Process (Brief)
- Verification of eligibility under FEMA, RBI, and applicable repatriation limits
- Review of original investment, acquisition, or transaction documents
- Coordination with AD Banks for outward remittance
- Submission of necessary forms, declarations, and certifications
- Compliance with tax and regulatory reporting requirements
How WBC Can Help
- Assessment of repatriation eligibility and applicable limits
- End-to-end coordination with AD Banks for smooth execution
- Assistance with documentation and certifications required for RBI approvals
- Tax advisory and compliance support to prevent disputes
- Post-repatriation confirmation and ongoing compliance monitoring
LRS Advisory & Documentation
Description
LRS (Liberalised Remittance Scheme) Advisory & Documentation provides guidance and support for resident individuals sending money abroad within the limits prescribed by the RBI. This includes remittances for investment, education, medical, family maintenance, or travel purposes, ensuring compliance with FEMA, RBI reporting, and tax regulations.
Who Requires It
- Resident individuals seeking to remit funds overseas under the LRS
- NRIs with resident family members transferring funds abroad
- Investors making portfolio investments or property purchases abroad
- Individuals sending funds for education, medical treatment, or personal support
Eligibility & Process (Brief)
- Verification of permissible remittance purpose under LRS guidelines
- Preparation of necessary declarations, KYC, and supporting documents
- Coordination with Authorized Dealer (AD) Banks for remittance execution
- Submission of RBI-mandated forms and purpose codes
- Compliance review for reporting and tax obligations
How WBC Can Help
- Advisory on LRS eligibility, permissible limits, and remittance purpose
- Preparation and validation of documentation required by AD Banks
- Coordination with banks for smooth, timely execution of remittances
- Guidance on taxation, reporting, and repatriation implications
- Ongoing support to maintain compliance with RBI and FEMA regulations
Bank Coordination with Authorised Dealers (AD Banks)
Description
Bank Coordination with Authorised Dealers ensures smooth execution of cross-border transactions, foreign investment flows, remittances, and regulatory filings in compliance with FEMA and RBI regulations.
Who Requires It
- NRIs and resident individuals making foreign remittances
- Indian companies receiving FDI or making ODI/FDI-related outflows
- Foreign investors transferring funds into or out of India
- Entities requiring RBI approvals or regulatory filings via AD Banks
Eligibility & Process (Brief)
- Verification of transaction type and regulatory route
- Preparation of bank-specific documentation and declarations
- Coordination for approvals, remittance execution, and reporting
- Follow-up with AD Banks for acknowledgement and query resolution
How WBC Can Help
- Single-point liaison with AD Banks for cross-border transactions
- Preparation of FEMA-compliant documentation
- Coordination for remittances, FDI/ODI filings, and reporting
- Resolution of bank queries
- Compliance assurance and risk mitigation
NRE / NRO / FCNR Account Advisory
Description
NRE (Non-Resident External), NRO (Non-Resident Ordinary), and FCNR (Foreign Currency Non-Resident) Account Advisory provides guidance on opening, managing, and utilizing accounts for NRIs and foreign investors in India. These accounts enable compliant fund transfers, foreign currency holdings, repatriation of funds, and income credit while adhering to FEMA, RBI, and banking regulations.
Who Requires It
- NRIs and Persons of Indian Origin (PIOs) managing income or investments in India
- Foreign investors operating in India with resident or business income
- Individuals receiving rental income, dividends, or business proceeds in India
- NRI families managing inward remittances, property transactions, or savings
Eligibility & Process (Brief)
- Selection of appropriate account type (NRE, NRO, or FCNR) based on purpose
- Documentation preparation including KYC, passport, visa, and overseas address proof
- Account opening coordination with banks and AD Banks
- Guidance on repatriation, taxation, and income credit rules
- Ongoing compliance advisory for deposits, withdrawals, and conversions
How WBC Can Help
- Advisory on the most suitable account type for individual or business needs
- End-to-end assistance with account opening and documentation
- Guidance on fund repatriation, foreign currency management, and taxation
- Coordination with banks to ensure smooth account operations
- Support for ongoing compliance under FEMA, RBI, and Indian tax laws
Tax Implications on NRI Accounts
Description
Tax Implications on NRI Accounts advisory provides guidance on the taxation of income and transactions in NRE, NRO, and FCNR accounts. This includes interest earned, repatriation of funds, and capital gains, ensuring compliance with Income Tax laws, FEMA regulations, and applicable tax treaties while optimizing tax efficiency for NRIs.
Who Requires It
- NRIs and Persons of Indian Origin (PIOs) holding NRE, NRO, or FCNR accounts
- Individuals receiving rental income, dividends, or business proceeds in India
- Investors repatriating funds from India to overseas
- NRI families managing estate, inheritance, or gift transfers
Eligibility & Process (Brief)
- Identification of taxability on interest, dividends, capital gains, and other credits
- Application of applicable TDS and exemptions under tax treaties
- Assessment of repatriation and taxation rules for NRE, NRO, and FCNR accounts
- Advisory on compliance filings and documentation for income reporting
How WBC Can Help
- Advisory on tax liabilities for NRE, NRO, and FCNR accounts
- Guidance on TDS, exemptions, and claim under Double Taxation Avoidance Agreements (DTAAs)
- Assistance with documentation and bank coordination for tax deduction or relief
- Planning for tax-efficient repatriation and income management
- Ongoing compliance support to prevent disputes or penalties
NRI Income Tax Return Filing
Description
NRI Income Tax Return Filing advisory ensures accurate and timely filing of income tax returns for Non-Resident Indians (NRIs) in compliance with the Income Tax Act, 1961. This covers income from NRE, NRO, FCNR accounts, property, investments, and other sources while optimizing tax liability and leveraging applicable exemptions and Double Taxation Avoidance Agreements (DTAAs).
Who Requires It
- NRIs and Persons of Indian Origin (PIOs) earning income in India
- Individuals receiving rent, dividends, or business income in India
- Investors with capital gains from Indian assets
- NRIs seeking repatriation of funds or claiming tax treaty benefits
Eligibility & Process (Brief)
- Compilation of all income sources, bank statements, and investment details
- Determination of applicable exemptions, deductions, and TDS credits
- Preparation and filing of income tax return in accordance with Indian laws
- Reconciliation of tax paid and tax liability for compliance purposes
- Submission of ITR to the Income Tax Department and obtaining acknowledgment
How WBC Can Help
- End-to-end assistance in NRI tax return preparation and filing
- Advisory on exemptions, DTAAs, and tax optimization strategies
- Coordination with banks and financial institutions for TDS credits
- Compliance support to prevent penalties or notices
- Ongoing guidance for annual filing and post-filing queries
Capital Gains Tax on Property Transactions
Description
Capital Gains Tax on Property Transactions advisory provides guidance on tax obligations arising from the sale, transfer, or inheritance of immovable property in India. This service ensures compliance with the Income Tax Act, 1961, FEMA regulations for NRIs, and applicable tax treaties while optimizing tax liability through exemptions and structured planning.
Who Requires It
- NRIs and resident individuals selling residential or commercial property in India
- Foreign nationals involved in Indian property transactions
- Investors dealing with inherited or gifted property in India
- Entities repatriating proceeds from property sales to foreign jurisdictions
Eligibility & Process (Brief)
- Determination of short-term or long-term capital gains based on holding period
- Computation of gains considering indexed cost of acquisition for LTCG
- Application of exemptions under Sections 54, 54EC, or tax treaties
- Calculation and payment of TDS if applicable for NRIs
- Filing of income tax return with disclosure of property sale and capital gains
How WBC Can Help
- Advisory on capital gains tax liability and exemptions
- Structuring transactions to optimize tax outcomes
- Assistance with TDS compliance, documentation, and bank coordination
- Preparation and filing of income tax returns with accurate disclosures
- Guidance for repatriation of sale proceeds and post-transaction compliance
TDS on Property Sale by NRI
Description
TDS on Property Sale by NRI advisory ensures accurate deduction, deposit, and reporting of Tax Deducted at Source (TDS) under Section 195 of the Income Tax Act, 1961 for immovable property transactions involving non-resident sellers.
Who Requires It
- NRIs selling residential, commercial, or agricultural property in India
- Buyers or developers purchasing property from NRIs
- Real estate agents and intermediaries involved in property transactions with NRIs
Eligibility & Process (Brief)
- Determination of applicable TDS rate
- Computation of capital gains and gross consideration
- Deduction of TDS at the time of payment to the NRI seller
- Deposit of TDS with the Government of India
- Issuance of TDS certificate for filing income tax returns
How WBC Can Help
- Advisory on applicable TDS rates and exemptions
- Assistance in TDS computation and deposit
- Coordination with buyers, banks, and tax authorities
- Preparation and issuance of TDS certificates
- Guidance on filing income tax returns and claiming TDS credit
Lower / Nil TDS Certificate Assistance
Description
Lower / Nil TDS Certificate Assistance helps NRIs and resident individuals obtain approval from the Income Tax Department to deduct tax at a lower or nil rate on payments subject to TDS such as property sales, rental income, or professional payments.
Who Requires It
- NRIs selling property in India seeking lower TDS on capital gains
- Individuals or businesses making recurring payments where TDS is applicable
- Property buyers and developers coordinating with NRI sellers
- Professionals or service providers seeking relief from excessive TDS
Eligibility & Process (Brief)
- Preparation of application under relevant sections (e.g., 195, 197)
- Submission of income projections and supporting documents
- Follow-up with tax authorities for certificate issuance
- Application of certificate to effect lower or nil TDS
How WBC Can Help
- Advisory on eligibility and optimal TDS rate
- Preparation and filing of applications for lower or nil TDS certificates
- Coordination with Income Tax authorities
- Assistance in applying the certificate during property sale or payments
- Ongoing support for compliance and documentation
DTAA (Double Taxation Avoidance Agreement) Advisory
Description
DTAA Advisory provides guidance to NRIs, foreign investors, and resident entities on leveraging Double Taxation Avoidance Agreements between India and other countries. This ensures that income earned in India or abroad is not taxed twice, optimizes tax liability, and ensures compliance with Income Tax and FEMA regulations.
Who Requires It
- NRIs and PIOs earning income from Indian property, investments, or business
- Foreign investors receiving dividends, capital gains, or interest from India
- Companies and individuals involved in cross-border transactions
- Heirs and beneficiaries receiving inheritances or gifts from abroad
Eligibility & Process (Brief)
- Verification of residential status under Indian tax laws and treaty definitions
- Identification of applicable DTAA provisions such as tax credits, reduced rates, or exemptions
- Preparation of declarations, forms, and documentation for TDS or income tax filings
- Coordination with banks, employers, or Indian authorities for application of treaty benefits
How WBC Can Help
- Advisory on applicable DTAAs and benefits for various income types
- Assistance in claiming treaty benefits for TDS reduction or exemption
- Preparation of required declarations, Form 10F, and supporting documentation
- Coordination with banks, employers, and tax authorities to apply DTAA benefits
- Ongoing support for compliance, filings, and dispute resolution
Business Setup in India for NRIs & Foreign Investors
Description
Business Setup in India for NRIs and Foreign Investors advisory provides end-to-end guidance on establishing a legal and compliant presence in India. This includes company incorporation, sector-specific approvals, FDI compliance, FEMA adherence, and strategic planning to ensure smooth market entry, legal conformity, and risk mitigation.
Who Requires It
- Non-Resident Indians (NRIs) planning to start businesses in India
- Foreign investors or companies establishing a subsidiary, branch, or liaison office
- Startups and joint ventures with overseas promoters
- Investors seeking compliance with Indian regulatory, tax, and foreign investment laws
Eligibility & Process (Brief)
- Advisory on permissible entity types such as Private Limited Company, LLP, Branch Office, Liaison Office, or Joint Venture
- Compliance with FDI Policy and RBI/FEMA regulations
- Incorporation and registration with MCA (Ministry of Corporate Affairs)
- Obtaining PAN, TAN, GST, and other statutory registrations
- Coordination for sector-specific approvals, licenses, and operational readiness
How WBC Can Help
- End-to-end advisory on optimal legal entity selection for NRIs and foreign investors
- Assistance with FDI structuring, FEMA compliance, and RBI approvals
- Complete company incorporation and registration support
- Coordination for licenses, permits, and post-incorporation compliance
- Ongoing guidance for tax registration, banking, and operational setup