JustRacs

JustRACS

Aligning your goals to the dynamic regulatory environment and ensuring compliance through decades of experience

JustRACS has a full-service regulatory practice comprising of a multi-disciplinary team of professionals, who hail from Big Four Accounting firms, with diverse educational backgrounds equipped with real world, relevant industry experience across sectors. Our team is equipped with deep technical knowledge and wide industry experience acquired over decades that is required to help our clients take informed decisions and fulfill regulatory obligations with ease.

We help you take informed decisions and address regulatory challenges with confidence and ease

Leading with purpose through our mission and core values

The regulatory landscape in India has been rapidly evolving and introduction of new regulations as well as frequent amendments to existing regulations is often necessitated to align to the economic and political scenario which adds to the complexity of regulations which are otherwise encircled with grey areas that make doing business in India challenging, especially for foreign investors. For any business to succeed in India, it is important to garner the right mix of knowledge, experience and capability to navigate through the maze of complexities of multiple regulations.

Our Regulatory Advisory & Compliance Services

Bank and Non-Bank License

Corporate Law

Compliances under the Income Tax Act

Factory Set-Up

Government Subsidies

Indian Exchange Control

Payment System Authorization

Bank and Non-Bank License

Corporate Law

Compliances under the Income Tax Act

Factory Set-Up

Government Subsidies

Indian Exchange Control

Payment System Authorization

Redefining the norm with our unique model

Deciphering the Law

With decades of hands-on experience managing some of the most unique and complex transactions that tested the interpretation of various regulations, we have successfully decoded the grey areas that typically remain ambiguous. Our expertise enables us to guide you through the intricate maze of Indian regulations, offering clarity leading to meaningful conclusions

Mapping the Applicable Laws

We understand your business and can minutely analyze laws and regulations to evaluate their impact on transactions. We meticulously plan ahead to meet regulatory requirements on time.

Careful Conceptualization

Our experts can help you plan ahead to identify pitfalls that can delay your transaction. Decades of interactions with regulators have given us insights into their expectations, ensuring you of a delightful experience while working with us

Planning Ahead

We create a roadmap for regulatory compliance and assist with monitoring through diagnostic reviews and health checks.

Better Compliant Future

We suggest improving compliance by adopting best practices. This will help detect problems early and correct them if needed.

Facilitating

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successful factory license applications

Advising clients on

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transactions in compliance with FFEMA

Conducted

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regulatory compliance assessments

Helping clients achieve

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reduction in compliance violations

Facilitating

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successful factory license applications

Advising clients on

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transactions in compliance with FFEMA

Conducted

0 +

regulatory compliance assessments

Helping clients achieve

0 %

reduction in compliance violations

Testimonials

Feedback that shows our dedication to real result!

“We were at a crucial juncture in our path to progress that would help us move faster towards our vision. The ride suddenly became bumpy and would have stalled had it not been for JustRACS helping us with their experience and guidance to overcome the RBI compliance hurdle. They not only helped us but also other stake holders achieve compliance. Young team’s strength is their network and knowledge relating to RBI processes."

"Assistance provided in getting the computation of Late Submission Fee reviewed by the RBI and getting it reduced to almost 80 per cent."
“You are genius and Magician for me. Hats off to you”

"We applied for a PPI license a couple of years back through one firm and this firm backed out at crucial time when our application was being reviewed by RBI . That's when Rahul and team stepped in. Right from the go they have been extremely helpful in providing the right guidance and narrative to various queries. Also, Rahul's wide experience and connects helped us in every step of the way and eventually we were able to get the in principle approval followed by Final sanction. Thanks a lot to Rahul and JustRACS"

We are immensely grateful to Rahul Manjrekar and his firm JustRACS for their exceptional support and expertise in helping Escorts Kubota Finance Limited to obtain a Certificate of Registration from Reserve Bank of India within expected timelines.
JustRACS’s professionalism, unwavering commitment and attention to detail helped to expedite the entire process, which could have been possible only due to their deep understanding of the regulatory landscape and dedication.

It has been good working with Rahul & JustRACS’ team

The JustRACS’ team is able find solutions for matters concerning
Reserve Bank & Banking. This is backed by good understanding of the
various regulations & circulars of RBI

insights

Recent developments

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DPIIT
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MeitY
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Close Up of a Female Electronics Factory Worker in Blue Work Coat and Protective Glasses Assembling Smartphones with Screwdriver. High Tech Factory Facility with more Employees in the Background.

MeitY

Mobile Phone Manufacturing Scheme (“MPMS”)

MeitY has notified MPMS 2026 to boost domestic mobile phone manufacturing and support Indian mobile brands, offering incentives along with...

August 21, 2026

DPIIT

Press Note 3 (2026 Series) | Review of FDI Policy | E-commerce sector

Existing restrictions on inventory-based e-commerce and B2C e-commerce will not apply in respect of exports of goods/ products manufactured and/...

July 23, 2026

RBI

Draft – Foreign Exchange Management (Foreign Investment) Rules, 2026

The RBI has released draft Foreign Investment Rules aimed at simplifying and rationalising India’s FDI framework and has invited stakeholder...

July 21, 2026

Wisdom of growth

Electronics, Fiscal Subsidy

Mobile Phone Manufacturing Scheme

On 21 August 2026, the MeitY notified the MPMS, which provides fiscal incentives akin to production-linked incentives to boost mobile phone manufacturing in India and promote the growth of Indian mobile phone brands. This News Alert summarizes the key features.

August 25, 2026

FEMA

Foreign Exchange Management (Non-Debt Instruments) (Third Amendment) Rules, 2026 | Expansion of Investor Category

The RBI has issued the FEM (Non-Debt Instruments) (Third Amendment) Rules, 2026 marking notable liberalisation of India’s portfolio investment framework

June 12, 2026