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𝑚𝑷𝑹: 𝑻𝒉𝒆 𝑹𝒆𝒑𝒐𝒓𝒕 𝒀𝒐𝒖𝒓 𝑩𝒖𝒔𝒊𝒏𝒆𝒔𝒔 𝑪𝒂𝒏’𝒕 𝑺𝒌𝒊𝒑! 📅 𝑻𝒊𝒎𝒆 𝒕𝒐 𝑭𝒊𝒍𝒆 𝑩𝒆𝒇𝒐𝒓𝒆 𝒕𝒉𝒆 𝑫𝒆𝒂𝒅𝒍𝒊𝒏𝒆 𝑺𝒕𝒓𝒊𝒌𝒆𝒔!

19 Dec, 2024

By Vidhu

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𝑚𝑷𝑹: 𝑻𝒉𝒆 𝑹𝒆𝒑𝒐𝒓𝒕 𝒀𝒐𝒖𝒓 𝑩𝒖𝒔𝒊𝒏𝒆𝒔𝒔 𝑪𝒂𝒏’𝒕 𝑺𝒌𝒊𝒑! 📅 𝑻𝒊𝒎𝒆 𝒕𝒐 𝑭𝒊𝒍𝒆 𝑩𝒆𝒇𝒐𝒓𝒆 𝒕𝒉𝒆 𝑫𝒆𝒂𝒅𝒍𝒊𝒏𝒆 𝑺𝒕𝒓𝒊𝒌𝒆𝒔!

𝐖𝐡𝐚 𝐍𝐞𝐞𝐝𝐬 𝐭𝐚 𝐅𝐢𝐥𝐞 𝐀𝐏𝐑 (𝐚𝐧𝐧𝐮𝐚𝐥 𝐏𝐞𝐫𝐟𝐚𝐫𝐊𝐚𝐧𝐜𝐞 𝐑𝐞𝐩𝐚𝐫𝐭)?
🔲 𝘐𝘯𝘥𝘪𝘢𝘯 𝘌𝘯𝘵𝘪𝘵𝘪𝘊𝘎 𝘞𝘪𝘵𝘩 𝘍𝘰𝘳𝘊𝘪𝘚𝘯 𝘋𝘪𝘳𝘊𝘀𝘵 𝘐𝘯𝘷𝘊𝘎𝘵𝘮𝘊𝘯𝘵 (𝘍𝘋𝘐): o Companies, LLPs, or others receiving FDI must report their performance to the Reserve Bank of India (RBI).

2. 𝘑𝘰𝘪𝘯𝘵 𝘝𝘊𝘯𝘵𝘶𝘳𝘊𝘎 (𝘑𝘝𝘎) 𝘰𝘳 𝘞𝘩𝘰𝘭𝘭𝘺 𝘖𝘞𝘯𝘊𝘥 𝘚𝘶𝘣𝘎𝘪𝘥𝘪𝘢𝘳𝘪𝘊𝘎 (𝘞𝘖𝘚):
 ðŸ”² If an Indian company has made an overseas direct investment (ODI), it must submit an APR for these foreign ventures.

3. 𝘚𝘱𝘊𝘀𝘪𝘢𝘭 𝘕𝘰𝘵𝘊:
 ðŸ”² The APR is mandatory even if there are no operations or no income in the foreign entity for the reporting period.

𝐖𝐡𝐚𝐭’𝐬 𝐭𝐡𝐞 𝐃𝐮𝐞 𝐃𝐚𝐭𝐞?
 â–¶ïž By 𝐃𝐞𝐜𝐞𝐊𝐛𝐞𝐫 31𝐬𝐭 𝐞𝐯𝐞𝐫𝐲 𝐲𝐞𝐚𝐫, following the end of the financial year (April-March).