All foreign exchange transactions, such as opening a bank account in India, conducting foreign exchange transactions outside of India, paying in foreign currency for the import of goods or services in India, and obtaining certificates of withholding taxes, outgoing statements, and transfer pricing, require a certificate from an authorised chartered accountant. Each of these is necessary to complete any foreign exchange transaction.
We have therefore assembled a group of chartered accountants to provide the client with all the qualifications required for the pertinent matter to pass all of these certifications.
It consists of:
Sharing certificates of value for investments made in India.
Issuing all foreign certificates per the 1961 Income Tax Act.
Sharing supporting paperwork for international investment transactions with approved dealers.
