Fema / RBI
Log in to FollowRBI Circular Notification Press Release and Instructions issued by Reserve bank of India. News and Article on provisions, Rate changes, Policy changes and FAQ
SAFEMA Tribunal Upholds ₹1.25 Crore PMLA Attachment in BMC ‘Khichdi’ Scam; Rejects Salary and Loan Defence
SAFEMA Tribunal Upholds Benami Attachment of ₹65 Lakh Hawala Cash; Delayed Retraction Held an Afterthought
Kerala HC Upholds PMLA Summons Without Prior FIR; Income Tax Settlement Immunity No Bar
IPL-2 FEMA Case; Most Penalties Against BCCI, Lalit Modi & SBI Set Aside
Money Received Before Crime Cannot Be Treated as Proceeds of Crime: SAFEMA
Bank Attachment Valid Where Transactions Involve Fictitious Entity: SAFEMA
Mere Invoices Cannot Rebut Accommodation Entry Evidence in Demonetisation Gold Trade Case: SAFEMA
SAFEMA Upholds PMLA Attachment in Gold Loan Fraud; Grants Relief for Court Deposit
SAFEMA Refuses to Enhance FEMA Penalty on IGNIS Director
SAFEMA Deletes FEMA Penalty on Technical Director; Mere Designation Not Enough
SAFEMA Tribunal Rejects Vicarious Liability Against Former Director Under FEMA
SAFEMA Tribunal Quashes FEMA Penalties in Tamilnad Mercantile Bank Share Transfer Case
SAFEMA Tribunal Refuses to Confiscate Tamilnad Mercantile Bank Shares Despite FEMA Violations
SAFEMA Tribunal Upholds Post-Death PMLA Attachment, Directs Legal Heir to Special Court
Latest RBI / FEMA News
Check out all the latest news on RBI together with all the important RBI notifications, RBI circulars, RBI rates including top stories on FEMA Act and FEMA Regulations only at Taxguru.com
The RBI (Reserve Bank of India) is India’s Apex bank which governs the banking regulations in the country and controls all the monetary policies of the country. It began its operations 1st of April 1935 at the time of British Rule as per the provisions laid down in the Reserve Bank of India Act, 1934. After India’s independence on 15th August 1947, the Reserve Bank of India was nationalized on 1st January 1949.
Reserve Bank of India is an independent monetary authority that regulates banks and offers important financial services such as controlling inflation, maintaining foreign exchange reserves, and providing monetary policy report. It plays a significant role in developing strategies of the Indian Government.
The FEMA Act (Foreign Exchange Management Act) is an Act constituted by the Indian Parliament for consolidating and amending the law related to foreign exchange for facilitating the external trade and payments and also for encouraging orderly maintenance and development of foreign exchange market in the country. This act was passed in the year 1999 during the winter session which replaced the previous Foreign Exchange Regulation Act (FERA). The FEMA Regulations makes offenses with respect to foreign exchange civil offenses.This Act extends and is applicable for the entire nation. FEMA Act allowed a new regime for foreign exchange management that is consistent with the World Trade Organization’s emerging framework.
At Taxguru, we provide you with all the RBI latest news, RBI circulars, RBI notifications and all the updates with respect to FEMA Act and FEMA regulations. We keep you posted with all the latest updates on RBI rates and RBI rate charts. At Taxguru, our team ensures we publish all the latest RBI news. Bookmark us to get all the latest news on RBI and FEMA.
