FEMA & RBI Filings in Indore
FC-GPR, FLA, ECB, 15CA/15CB — all RBI compliance for cross-border operations. irpr.network manages all Madhya Pradesh state compliance — Madhya Pradesh Shops and Establishments Act 1958 governs working conditions with...
At a Glance
Timeline
FC-GPR within 30 days; FLA by 15 July; ongoing monthly/annual filings
City
Indore, Madhya Pradesh
State PT
Madhya Pradesh PT: Monthly salary ₹18,751–₹25,000 = ₹125/month; ₹25,001–₹33,333 = ₹167/month; ₹33,334 and above = ₹208/month (₹2,500/year, the statutory maximum)
Compliance
FEMA 1999 · RBI FLAIR portal · ECB Framework
30 days
FC-GPR deadline
15 July
FLA Return deadline
₹10,000+
Late filing penalty
100%
Compliance track record
Deliverables
What irpr.network handles for FEMA & RBI in Indore
FC-GPR filing within 30 days of share allotment (mandatory for FDI)
FLA Return (Foreign Liabilities and Assets) on FLAIR portal by 15 July
FC-TRS filing for secondary transfer of equity shares between non-residents
ECB (External Commercial Borrowing) — Form ECB and ECB-2 monthly reporting
ODI filings for Indian companies investing abroad
Form 15CA and 15CB for every foreign remittance
Annual SOFTEX declarations for software service exports (EDPMS portal)
LRS compliance for individual remittances
RBI correspondence management and compounding application
FEMA audit and risk assessment for new international transactions
Madhya Pradesh Compliance
Madhya Pradesh Shops and Establishments Act 1958 governs working conditions with registration through the MP Labour Department's e-seva portal. MP's IT Investment Facilitation Policy 2023 provides incentives for IT companies including SGST reimbursement (100% for 5 years), stamp duty exemption, and …
Full Madhya Pradesh guide →Professional Tax — Madhya Pradesh
Madhya Pradesh Professional Tax: Monthly salary ₹18,751–₹25,000 = ₹125/month; ₹25,001–₹33,333 = ₹167/month; ₹33,334 and above = ₹208/month (₹2,500/year, the statutory maximum). PT is remitted to the MP Commercial Tax Department by the 10th of the following month. Annual PT enrollment certificate required.
IT Zones in Indore
- Super Corridor IT Zone
- Brilliant Techno Park
- Indore IT Park
- SEZ Indore
Process
How FEMA & RBI Filings works in Indore
FEMA audit
irpr.network reviews your company's cross-border transactions to identify all mandatory FEMA filings. Any missed filings identified for voluntary disclosure or compounding.
FC-GPR setup
Prepared and filed on RBI FIRMS portal within 30 days of share allotment. FIRC, KYC, and share valuation report prepared.
Annual FLA Return
Balance sheet data as of 31 March compiled and FLA Return filed on FLAIR portal by 15 July.
Remittance compliance
For every foreign payment, Form 15CA prepared and 15CB certified by a CA before the bank processes the remittance.
Ongoing monitoring
FEMA compliance calendar maintained. SOFTEX declarations, ECB-2 monthly reporting, and annual FEMA risk review with updated transaction analysis.
Why irpr.network
FEMA & RBI Filings in Indore — why choose irpr.network
Indore combines IIM Indore management talent, IIT Indore engineering depth, India's cleanest city infrastructure, and MP's proactive GCC incentives — making it central India's strongest value proposition for GCCs in IT services, fintech, and AgriTech at 35–40% below Pune operating costs.
Local expertise
Madhya Pradesh Shops Act, PT, and state-specific compliance
Zero penalties
All statutory deadlines met — SLA-backed
Fast setup
FC-GPR within 30 days; FLA by 15 July; ongoing monthly/annual filings
Full compliance
FEMA 1999 · RBI FLAIR portal
Indore Snapshot
Talent pool
Madhya Pradesh's IT capital — 110,000 IT professionals
Salary band
₹4–26 LPA for tech roles
Top sectors
FAQ
FEMA & RBI Filings in Indore — common questions
How does FEMA & RBI Filings work in Indore?
irpr.network handles fema & rbi filings in Indore end-to-end — from Madhya Pradesh state registrations to ongoing monthly compliance. irpr.network reviews your company's cross-border transactions to identify all mandatory FEMA filings. Any missed filings identified for voluntary disclosure or compounding. FC-GPR within 30 days; FLA by 15 July; ongoing monthly/annual filings.
What Madhya Pradesh compliance is required for FEMA & RBI?
In Indore, the primary state compliance requirements are: Madhya Pradesh Shops and Establishments Act 1958 governs working conditions with registration through the MP Labour Department's e-seva portal. Madhya Pradesh Professional Tax: Monthly salary ₹18,751–₹25,000 = ₹125/month; ₹25,001–₹33,333 = ₹167/month; ₹33,334 and above = ₹208/month (₹2,500/year, the statutory maximum). irpr.network manages all state-level registrations and filings as part of the FEMA & RBI service.
What is FC-GPR and when must it be filed?
FC-GPR (Foreign Currency Gross Provisional Return) must be filed on the RBI FIRMS portal within 30 days of share allotment when a foreign entity invests equity in an Indian company. Required: FIRC, investor KYC, and a valuation certificate.
What is the FLA Return?
The FLA (Foreign Liabilities and Assets) Return must be filed by every company that has received FDI or made overseas investments, by 15 July each year on the FLAIR portal. Missing the deadline attracts ₹10,000 penalty under FEMA.
What is the SOFTEX declaration?
GCCs providing IT/ITES services to their foreign parent must file SOFTEX declarations on the EDPMS portal within 30 days of invoicing. Non-filing is a FEMA violation that can affect the company's authorised dealer bank relationship.
What are Forms 15CA and 15CB?
Form 15CA is a self-declaration and 15CB is a CA certificate required before every remittance from India to a foreign entity. Banks will not process international wire transfers without these documents. Required for dividends, royalties, management fees, and technical service fees.
Get started
FEMA & RBI Filings in Indore — talk to our team
irpr.network handles Madhya Pradesh compliance end-to-end. FC-GPR within 30 days; FLA by 15 July; ongoing monthly/annual filings.