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HUMAN RESOURCES MANAGER
ABOUT THE FLA
TheFairLaborAssociation(FLA)combinestheeffortsofindustry, civilsocietyorganizations, and colleges
anduniversitiestoprotectworkersrightsandimproveworkingconditionsworldwidebypromoting
adherencetointernationallaborstandards.
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What is about form fla?
The Form FLA, or Foreign Liabilities and Assets return, is a form that needs to be filed by residents who have financial interest in any entity located outside India.
Who is required to file about form fla?
Any resident individual, company, partnership firm, Limited Liability Partnership, or any other entity who has financial interest in any entity located outside India is required to file Form FLA.
How to fill out about form fla?
Form FLA can be filled out online on the website of the Reserve Bank of India. The form requires details of foreign assets and liabilities as at the end of the reporting year.
What is the purpose of about form fla?
The purpose of Form FLA is to collect information on foreign assets and liabilities of residents to compile the country's balance of payments statistics.
What information must be reported on about form fla?
Information such as foreign currency deposits, investments in foreign companies, immovable properties outside India, loans given or taken from non-residents, etc. must be reported on Form FLA.
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