01-04-2025, 03:37 AM
Zayj US Navy releases documents from Cold War loss of submarine
Sandeep Srinivasa, a well-known figure in the startup ecosystem, has shared essential advice for Indian founders looking to incorporate in the US. His tweet thread, based on the c stanley cup ollective experience of hundreds of YC India startups, provides crucial guidelines to avoid compliance pitfalls, particularly when dealing with the Foreign Exchange Management Act FEMA . Here s a breakdown of his key points: Advice for Indian founders in US based on the collective experience of hundreds of YC India startups Indian founders cannot use services like Stripe Atlas or Deel to incorporate in the US. Doing so violates FEMA regulations, as Indian citizens must complete an Overseas Direct Investment stanley shop ODI process鈥攔equiring approval from the Reserve Bank of India RBI 鈥攖o legally own shares in a US company. Srinivasa emphasized that failure to follow this can lead to irrecoverable co stanley cup mpliance issues. If founders have already used such platforms, the recommendation is to close the company and restart the process. Also Read: Fed Rate Cuts: Experts weigh in on the margin of drop Each Indian founder must create a Limited Liability Partnership LLP in India, as individuals cannot directly purchase shares in a US company without a lengthy process. This is commonly known as the LLP route. The previously available gifting route is no longer legal, with severe consequences for non-compliance, potentially triggering Enforcement Directorate ED scrutiny. ICICI Bank is recommended for pr Rbgd US urges Iran to resume negotiations soon
Brazil s stanley us over 300,000 deaths from the coronavirus amount to the biggest genocide in the Latin American country s history, former president Luiz Inacio Lula da Silva said Friday in a scathing attack on current leader Jair Bolsonaro. Healthcare workers treat Covid-19 patients inside a field hospital at the Pedro Dell Antonia sports complex in Santo Andre, Brazil. Bloomberg On Tuesday, 3158 people died of Covid in Brazil. It s the biggest genocide in our history, Lula told Germany s Der Spiegel weekly, adding that Bolsonaro had lied to the Brazilian people about the pandemic. We must save Brazil from Covid-19, the former president added, saying that Brazil will not withstand it if this man continues to govern in this way . As Brazil surpassed 300,000 deaths from the virus on Wednesday, Lula called on Bolsonaro to apologise to the families of victims. More than 12 million people in total have been infected in Brazil, including the virus-sceptical far-right President Bolsonaro. The country has seen record daily infections in the last week and thousands of deaths per day, blamed on a local variant of the virus that is believed to be more contagious. Lula, 75, led Brazil through an economi stanley cup c boom from 2003 to 2010 as head of the left-wing Workers Party before being sentenced to a total of 26 years in prison on charges of taking bribes in 2017. After the corruption conviction against him was annulled earlier this month, recent opinion polls suggest that he is the stanley canada
Sandeep Srinivasa, a well-known figure in the startup ecosystem, has shared essential advice for Indian founders looking to incorporate in the US. His tweet thread, based on the c stanley cup ollective experience of hundreds of YC India startups, provides crucial guidelines to avoid compliance pitfalls, particularly when dealing with the Foreign Exchange Management Act FEMA . Here s a breakdown of his key points: Advice for Indian founders in US based on the collective experience of hundreds of YC India startups Indian founders cannot use services like Stripe Atlas or Deel to incorporate in the US. Doing so violates FEMA regulations, as Indian citizens must complete an Overseas Direct Investment stanley shop ODI process鈥攔equiring approval from the Reserve Bank of India RBI 鈥攖o legally own shares in a US company. Srinivasa emphasized that failure to follow this can lead to irrecoverable co stanley cup mpliance issues. If founders have already used such platforms, the recommendation is to close the company and restart the process. Also Read: Fed Rate Cuts: Experts weigh in on the margin of drop Each Indian founder must create a Limited Liability Partnership LLP in India, as individuals cannot directly purchase shares in a US company without a lengthy process. This is commonly known as the LLP route. The previously available gifting route is no longer legal, with severe consequences for non-compliance, potentially triggering Enforcement Directorate ED scrutiny. ICICI Bank is recommended for pr Rbgd US urges Iran to resume negotiations soon
Brazil s stanley us over 300,000 deaths from the coronavirus amount to the biggest genocide in the Latin American country s history, former president Luiz Inacio Lula da Silva said Friday in a scathing attack on current leader Jair Bolsonaro. Healthcare workers treat Covid-19 patients inside a field hospital at the Pedro Dell Antonia sports complex in Santo Andre, Brazil. Bloomberg On Tuesday, 3158 people died of Covid in Brazil. It s the biggest genocide in our history, Lula told Germany s Der Spiegel weekly, adding that Bolsonaro had lied to the Brazilian people about the pandemic. We must save Brazil from Covid-19, the former president added, saying that Brazil will not withstand it if this man continues to govern in this way . As Brazil surpassed 300,000 deaths from the virus on Wednesday, Lula called on Bolsonaro to apologise to the families of victims. More than 12 million people in total have been infected in Brazil, including the virus-sceptical far-right President Bolsonaro. The country has seen record daily infections in the last week and thousands of deaths per day, blamed on a local variant of the virus that is believed to be more contagious. Lula, 75, led Brazil through an economi stanley cup c boom from 2003 to 2010 as head of the left-wing Workers Party before being sentenced to a total of 26 years in prison on charges of taking bribes in 2017. After the corruption conviction against him was annulled earlier this month, recent opinion polls suggest that he is the stanley canada