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
Draft RBI (Government Securities Lending) Directions, 2023
FAQs on Digital Lending Guidelines
Introduction of FCRA related transaction code in NEFT and RTGS Systems
Code of Conduct Guidelines For Debt Recovery Agents
Digital Sikke (Rupee)……. Ke do (2) Pehlu (sides)
Legal Aspects of Foreign Investment in India by a Person Resident Outside India in Unlisted Indian Company and its Compliances by Indian Company
Introduction of Legal Entity Identifier for Cross-border Transactions – FAQs
Key Insights about Tax Laws Surrounding International Money Transfers to India
Travellers from G-20 countries allowed access to UPI at select international airports
RBI extends UPI facility to travelers & Increases repo rate by 25 basis points
RBI Extends Market Trading Hours in respect of government securities
RBI Monetary Policy Committee increases policy rates by 25 basis points
Determination of Residential Status under FEMA & Income Tax
Process To Establishment of Project Offices In India By Foreign Entities
Latest RBI / FEMA News
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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.
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