FAQ
1. General:
We are an investment and asset management company.
Our first SPV was incorporated on 08.10.2021.
Special Purpose Vehicle(SPV) is a separate legal entity that will look after specific business operation.
GHL India offers investment opportunity in real estate through secured debenture option and agriculture through co-investment option.
To meet the RBI compliances, NRIs should neither invest through NRE account or NRO account. However, They can invest through their savings bank account that is maintained in india.
If NRIs want to invest through NRO account, then they can invest in GHL India AIF operation. Kindly visit - https://ghlindiaventures.com/
GHL India provides an online platform that offers accessible and diversified real estate investment options, which may differ from traditional methods like direct property purchases or REIT investments.
FAQ
2. Debenture:
A debenture investment is a type of debt instrument that companies issue to raise capital.
Investing in debentures through GHL India involves the following steps:
A. Buying Debentures: Investors acquire debentures issued by GHL India.
B. Investment Returns: Investors receive regular interest payments and the Principle amount at maturity.
Debenture investments offer a pre-tax return of 18% to 24% over a 60-month period, with no risk involved as the debenture is secured by assets.
Secured Non-Convertible Debentures are being issued by us.
Demat account is not mandatory. However, if you want the debentures to be credited in the demat account, then the DP ID and Client ID of your CDSL demat account must be updated with us.
FAQ
3. Property Trading:
GHL India specializes in turning old, rundown properties into profitable investments. We focus on acquiring high-demand properties cheaply at bank auctions, making them more valuable through improvements.
Foreclosure properties through Bank REO Auctions and Private Auctions are being traded by us.
FAQ
4. Wholesale Trading:
GHL India engages in wholesale trading by finding suppliers with a client base of at least 10, catering to institutions like universities and hospitals. We procure high-quality fruits, vegetables, and groceries at low costs to support business expansion, ensuring a monthly profit margin of 2.5 to 3%.
Investors keen on wholesale trading can explore available opportunities via GHL India's platform and join in co-investment.
Investors can become simple partners of LLP to enjoy 19.20% p.a as tax-free income.
FAQ
5. Registration & KYC:
Users can register by providing their personal details on the GHL website, accessed by clicking the login tab
The following details and documents are needed for kyc process:
- E-mail ID, Mobile number, Bank account details and Address of the Investor
- Email ID, Mobile number and Address of the Nominee of the Investor
- ID Proof (Anyone): Scan copy of Aadhaar/ Passport/ Driving license/ Voter ID front and back page
- Scan copy of PAN card
- Bank details in scan copy (any one): front page of Bank account passbook/ Cancelled cheque leaf/ Recent Bank statement.
After submitting the required documents, the KYC process is typically completed within half a day.
FAQ
6. Investment:
Minimum investment requirements can vary based on the investment opportunity. For example, to participate in a secured debenture or wholesale trading, a minimum investment of 1 lakh is required.
GHL India provides investment opportunities such as wholesale trading of consumable goods and secured debentures.
FAQ
7. Tax-Queries on Debenture plan:
Yes. TDS will be deducted @ 10% on interest amount as per the provisions of section 194 A / 195 of Income Tax 1961.
Yes. Investor can claim TDS deducted while filing return of income tax. TDS certificate Form 16A will be provided by GHL India on quarterly basis.
No, Salaried person can keep filing ITR-1.
The process of filing Income tax will remain same for an NRI investor as it is for an India resident investor.
FAQ
8. Tax-Queries on Co-Investment plan:
No, LLP pays the tax on profit and then distribute the return to the Investors. The income from partnership firm is not taxable in the hands of partners under Section 10 (2A) of the Income Tax Act.
No, income tax paid by LLP is not eligible for refund in the hands of partners.
You become partner to LLP hence you need to file ITR-3. Before you may have filed different ITR, but after you become partner in the LLP it is mandatory to file your income tax return in ITR-3.
Yes, you have to file ITR-3 to show your source of income. The income generated from our platform is post-tax, hence no additional tax levied on the income.
The process of filing Income tax will remain same for an NRI investor as it is for an India resident investor.
FAQ
9. Cash-back Offer:
Yes, GHL offers cash back up to 3%.
The eternal cash back offer provides cash back based on the investment size. Receive 1% cash back on investments ranging from 1 lakh to 9.99 lakhs. Get 2% cash back for investments between 10 lakhs and 19.99 lakhs. Enjoy a higher 3% cash back on investments of 20 lakhs and above.
Yes, current investment plans, including wholesale trading and secured debentures, offer cash back up to 3% based on the investment size.
FAQ
11. Channel Partner Program:
Channel partners help GHL grow by showcasing its financial products.
To become a channel partner, one must register as a general user on the website, achieve Rs. 25 lakhs in sales, and get promoted by executing an agreement with GHL India.
The duration of the channel partner agreement is 3 years, extendable after reviewing the performance.
The remuneration is based on the total sales of a particular month. Kindly click the following link to learn more about ithttps://www.ghlindia.com/channel-partner
FAQ
12. Data Security & Privacy:
GHL India employs strict security measures, including secure servers and adherence to guidelines, to protect user data. Information may be stored electronically or physically and processed in compliance with laws. Third-party agreements also mandate security standards. However, the company disclaims liability for internet-related breaches.
The Privacy Policy applies to the collection, receipt, storage, usage, processing, disclosure, transfer, and protection of Personal Information when using the website or availing services offered by the company through the website.
FAQ
13. Regulatory Body
No, According to Section 42 of Companies Act, 2013, an offer made to subscribe securities to not more than 200 persons is called private placement of securities. The requirement of SEBI’s regulation with respect to public issue will not apply to private placement. In compliance with the above Companies Act, 2013 provisions, GHL is issuing securities under Private Placement basis only and keeps the limit of the investors well within the limit prescribed by the Companies Act. All the fractional ownership Companies in India that issue securities in compliance with the provisions of section 42 (2) of Companies Act 2013, do not fall under the requirement of SEBI regulation. Hence SEBI does not have authority to look into the affairs of such Fractional Ownership Companies. Kindly refer to the section 42 under Companies act, 2013 from MCA website with the below link: https://www.mca.gov.in/content /mca/global/en/acts-rules/ebooks In Limited Liability Partnership structure, every investor is considered as a Simple Partner as per LLP act, 2008. There is no restriction on LLP act in admitting partners, hence any number of simple partners can be admitted. As per SEBI’s Collective Investment Scheme Regulation, any individual entity (Either Company or LLP) that collected more than Rs. 100 crore will fall under the CIS regulation. Since GHL India has not raised more than Rs. 100 crores in any of its SPV, We do not fall under the Collective Investment Scheme regulation of SEBI In future, if any of the regulatory authorities require a license for the business activity of GHL India, the license will be obtained.
RBI has prescribed certain activities(such as Asset Financing, Investment Company, Loan Company, Infrastructure Finance Company, Systemically Important Core Investment Company, Infrastructure Debt Fund, Micro Finance Institution, Non-Banking Financial Company – Factors, Mortgage Guarantee Companies and P2P lending) fall under its ambit under Reserve Bank of India Act . Since GHL India does not fall under any of the categories of the business activities prescribed by RBI, we are not required to obtain any kind of approval from RBI for our business operation.
At present GHL INDIA has to comply with the requirements of Companies Act, 2013 & LLP act 2008. We have issued all securities under private placement basis and accordingly e-forms have been filed with the Ministry of Corporate Affairs. So, As of now, MCA is our regulating authority
FAQ
14. Eligibility:
Any individual, including Non-Resident Indians (NRIs) and entities, who meet the eligibility criteria set by GHL India and regulatory authorities, can invest.
GHL India welcomes investors from various nationalities, subject to compliance with applicable regulations and investment policies.
NRIs need to comply with regulations set by the Reserve Bank of India (RBI) and provide necessary documentation for investment through GHL India.