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Sandeep Khandelwal - FEMA & Taxation Advisor

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Sandeep Khandelwal - FEMA & Taxation Advisor

Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Sandeep Khandelwal - FEMA & Taxation Advisor, Financial Consultant, I-35B, 1st and 2nd Floor, Central Market, Lajpat Nagar/2, Delhi.

I guide Indian & international businesses through Taxation& FEMA regulations so they can move capital across borders with confidence.
23 years of professional practice in cross-border structuring, inbound & outbound remittances & NRI investment compliance

20/05/2026

“A compliance missed today can become a regulatory challenge tomorrow — especially when it involves FEMA reporting.”
FLA Return under FEMA, 1999 – Due by July 15
Indian resident entities with outstanding Foreign Direct Investment (FDI) and/or Overseas Direct Investment (ODI) as at the end of March of the previous or current financial year are required to submit the Annual Return on Foreign Liabilities and Assets (FLA) to the Reserve Bank of India.
The filing requirement extends to:
• Companies
• LLPs
• AIFs
• Partnership Firms
• Public Private Partnerships (PPPs)
• Eligible IFSC / GIFT City entities, wherever applicable
Important Compliance Points:
✔ Filing is to be completed through RBI’s FLAIR portal
✔ In cases where audited financials are unavailable by July 15, entities may file using provisional / unaudited figures
✔ A revised return based on audited accounts must subsequently be filed after obtaining RBI approval
✔ Delayed filing or non-compliance may lead to FEMA-related consequences and regulatory scrutiny
Accurate reporting and proper classification of foreign assets and liabilities remain essential for maintaining FEMA compliance and avoiding future reporting complications.
At MNRS India, we assist businesses in navigating FEMA reporting requirements with clarity, accuracy, and regulatory diligence.

09/05/2026

🔍 “Your PAN card is no longer just an identity document—it has become the backbone of financial and tax compliance in India.”

An outdated or inoperative PAN can lead to:

✔ Higher TDS deductions

✔ Delays in income tax refunds

✔ KYC and banking issues

✔ Problems in investments and property transactions

✔ Difficulties in GST and compliance filings

With increasing digital integration between PAN, Aadhaar, banking, and taxation systems, keeping PAN details updated is now a critical compliance requirement for individuals, NRIs, startups, and businesses alike.

Keep your PAN Card Upated.

05/05/2026

# Trading in the US stock market as an Indian? It’s not just about global returns—it’s about global compliance.

As Indian residents increasingly diversify into US equities, it’s critical to understand that overseas investing comes with structured regulatory and tax implications.

Under the Liberalised Remittance Scheme (LRS), remittances up to USD 250,000 per year are permitted for foreign investments. However, only delivery-based investments are allowed—margin trading or leveraged positions are not permissible.

From a taxation standpoint, global income is taxable in India:
# Capital gains on US stocks are taxed based on the holding period (short-term at slab rates, long-term at 20% with indexation).

# Dividends are taxed at applicable slab rates in India, with US withholding tax applicable (subject to DTAA relief).

# Additionally, disclosure is not optional. Foreign holdings must be reported in Schedule FA of your income tax return. Non-compliance can attract significant penalties.

At MNRS India, we assist clients in navigating cross-border investments with clarity, compliance, and confidence.

07/04/2026

“Internal controls don’t slow business—they safeguard it.”

An effective Internal Control System ensures that operations are not just efficient, but also compliant and risk-free.

Without proper controls, businesses face:
• Errors in financial reporting
• Increased risk of fraud
• Regulatory non-compliance

We help design and evaluate internal controls that bring clarity, accountability, and confidence to your operations.

"Because control is not restriction—it’s protection."

MNRS & Associates Team

03/04/2026

“Transfer Pricing: Plan. Document. Defend.”

“One international transaction can trigger Transfer Pricing compliance—are you prepared?”

Many businesses engage in cross-border transactions with related parties, but overlook the transfer pricing implications under the Income-tax Act, 1961.

A missed compliance can lead to:
• Adjustments to income by tax authorities
• Penalties and interest exposure
• Increased scrutiny and litigation

Because transfer pricing is not just documentation—it’s defensibility.

23/03/2026

✨ Navratri Wishes from MNRS India ✨

Nine nights. Nine forms of strength. One message—growth with discipline.

This Navratri, may Maa Durga bless you with financial clarity, compliance strength, and continued success.

🌼 शुभ नवरात्रि!
— Team MNRS & Associates

18/03/2026

“Due diligence isn’t just a checkpoint—it’s your protection against unforeseen risks.”

"A great opportunity can become a costly mistake—if not evaluated thoroughly."

Every investment, acquisition, or partnership carries both potential and risk. While the upside is exciting, the unseen gaps can often lead to unexpected challenges.

We understand that behind every deal is a vision, years of effort, and critical financial decisions.
Our role is to support that vision by bringing transparency, identifying risks, and validating assumptions before you commit.

From financial and tax review to compliance checks—due diligence ensures you move forward with confidence, not uncertainty.

Because informed decisions today protect your tomorrow.

07/02/2026

“FEMA compliance is not optional—unintentional lapses can still attract significant penalties.”

FEMA Compliance Awareness | NRIs & Indian Residents

**FEMA violations are often unintentional—but penalties are not.**

Common triggers we see:

* ❌ Undisclosed foreign bank accounts or assets
* ❌ Incorrect NRI/Resident status classification
* ❌ Improper overseas investments or remittances
* ❌ Non-reporting of foreign income
* ❌ Incorrect use of NRO/NRE/FCNR accounts

📌 **Key Risk:** FEMA is a *civil law*. Even genuine errors can attract **penalties up to 3x the amount involved**, with ongoing compounding consequences.

👥 **Who should be cautious?**

* NRIs returning to India
* Residents investing abroad
* Individuals receiving foreign gifts/inheritances
* Start-up founders with overseas structures

✅ **Proactive FEMA review = risk mitigation.**
Early advisory and voluntary compliance can prevent notices, penalties, and prolonged litigation.

**At MNRS & Associates, we help you stay FEMA-compliant—before issues escalate. **

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18/12/2025

Understanding Small and Medium Real Estate Investment Trusts (SM REITs) — SEBI’s New Framework for Inclusive Real Estate Investment
The Securities and Exchange Board of India (SEBI) has introduced Small & Medium Real Estate Investment Trusts (SM REITs) which is a game-changing regulatory initiative designed to bring structured, transparent real estate investing to a wider audience who wants to leverage Indian real estate growth story.
What are SM REITs?
SM REITs enable pooling of capital from multiple investors to acquire and manage real estate assets valued between ₹50 Crore and ₹500 Crore - a segment traditionally underserved by conventional REITs.
Why it matters and encourages larger participation:
• Lower entry threshold than standard REITs
• Regulated, listed trusts for liquidity and governance
• Enables diversified real estate exposure
• Opens up traditionally large-ticket assets to more investors
• Provides easy liquidity which otherwise is difficult in real estate investments
Whether you’re a seasoned investor, real estate sponsor, or financial professional, SM REITs add a powerful new tool to the investment landscape, balancing accessibility with regulatory discipline.
Would you like a deeper explainer on how SM REITs compare to traditional REITs? Let’s discuss in the comments!

07/12/2025

Good Morning!
In an ever-evolving regulatory environment, proactive planning makes all the difference.
Team MNRS & Associates is here to support your business with accurate insights, timely compliance, and strategic guidance.
Have a successful day ahead.

25/11/2025

“One international transaction can trigger Transfer Pricing reporting—are you prepared?”
In India, Transfer Pricing compliance is not limited to large corporations. Even a single cross-border transaction with an Associated Enterprise can mandate reporting and Form 3CEB filing under the Income Tax Act.
Proper documentation, benchmarking, and timely filing are essential to avoid scrutiny, adjustments, and penalties during assessment.
We help businesses/Individuals :
✔ Evaluate Transfer Pricing applicability
✔ Prepare robust documentation
✔ File Form 3CEB on time
✔ Handle TP audits and TPO proceedings
If your business has related-party transactions, now is the right time to review your compliance readiness.

Address

I-35B, 1st And 2nd Floor, Central Market, Lajpat Nagar/2
Delhi
110024

Opening Hours

Monday	10am - 6pm
Tuesday	10am - 6pm
Wednesday	10am - 6pm
Thursday	10am - 6pm
Friday	10am - 6pm
Saturday	10am - 6pm

Website

http://mnrsindia.com/

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