Fema-Master Circular released containing consolidated instructions/ guidelines/ circulars issued from July 01, 2008 to June 30 2009

As many of you aware that the RBI will be issuing Master Circular in the subject matter on every year in the month of July. It is consolidated the instructions/ guidelines/ circulars issued from July 01 to June 30 (12 months period) in every year. Accordingly, the RBI has issued Master Circular on the following matters pertaining to FEMA by today i.e July 01, 2009 which is consolidation of Master Circular 2008 plus all the circulars / notification issued during July 2008 to June 2009 on the subject matter. Further, the RBI has issued Master Circulars pertaining to banking & NBFC regulations.

All the Master Circulars can be downloaded from the below mentioned link:-

http://www.rbi.org.in/scripts/NotificationUser.aspx