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BluSmart’s 2025 Crisis and Concerns About Unlisted Bonds

Historical market commentary based on reporting from April 2025. It is not a current regulatory update or a recommendation to invest. The financial difficulties reported at BluSmart Mobility in April 2025 drew attention to the risks associated with distribution of unlisted debt instruments to investors. Contemporary reports raised questions about issuer financial health, the information

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RBI’s April 2025 FEMA Compounding Relief: Where the ₹2 Lakh Limit Applies

Regulatory update originally issued on 24 April 2025. Check subsequent amendments and the current directions before relying on it for a particular case. On 24 April 2025, the Reserve Bank of India amended its Master Directions on compounding of contraventions under the Foreign Exchange Management Act, 1999 (FEMA). The change permits a compounding authority, subject

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GST Return Filing in India: A Practical Overview

GST-registered businesses must comply with the returns and statements applicable to their taxpayer category. The forms and filing frequency vary by scheme, turnover and relevant notifications. Common GST returns and statements Before filing Due dates and interest There is no single due date or late fee that applies to every GST return. Deadlines, late fees,

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Common LLP Registration Mistakes and How to Avoid Them

Incorporating a Limited Liability Partnership (LLP) requires attention to identification documents, business-name availability, partner particulars and ongoing compliance. The following are common areas in which errors can arise. 1. Proposed name and business activity Check name availability and applicable naming restrictions on the Ministry of Corporate Affairs (MCA) portal. The proposed name and activity description

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