FLA Return made mandatory for LLPs by RBI

Annual Return on Foreign Liabilities and Assets (FLA Return) – Reporting by Limited Liability Partnerships. In order to capture the statistics relating to Foreign Direct Investments (FDI), both inward and outward, by Limited Liabilities Partnerships (LLPs) in India, it has been decided that henceforth, all LLPs that have received FDI and/or made FDI abroad (i.e.…