RBI Circular Notification Press Release and Instructions issued by Reserve bank of India. News and Article on provisions, Rate changes, Policy changes and FAQ
Fema / RBI : Individuals who receive or transfer funds on behalf of others may face prosecution under various Indian laws. The article explains...
Fema / RBI : RBI has reiterated that software and ITES exporters must submit the annual survey based on the previous financial year. The guidel...
Fema / RBI : RBI requires mutual funds to report foreign liabilities and assets annually for compilation of Balance of Payments and Internation...
Fema / RBI : This article explains why FEMA does not explicitly prohibit round-tripping transactions and how regulators instead control them th...
Fema / RBI : Service exporters must file monthly EDF declarations from October 2026 under new FEMA regulations. Non-compliance may affect eBRC ...
Fema / RBI : RBI has clarified reporting requirements, valuation methods, submission procedures, and entity obligations under the Portfolio Inv...
Fema / RBI : The amendment redefines revenue reserves by excluding provisions for liabilities and depreciation. This ensures clearer classifica...
Fema / RBI : RBI revises the definition of revenue reserves to exclude provisions and liabilities. The change enhances transparency and consist...
Fema / RBI : The Reserve Bank of India has removed a key provision from capital adequacy norms to ensure consistency with updated investment ru...
Fema / RBI : RBI introduces annual IFR assessment instead of continuous compliance for RRBs. The change reduces operational burden while mainta...
Fema / RBI : The key issue was whether cash falls within the definition of property under the PBPT Act. The Tribunal ruled that cash is a tangi...
Fema / RBI : The case examined whether Indian assets could remain seized after foreign asset value was repatriated. The Tribunal ruled that onc...
Fema / RBI : The appellant claimed the disputed funds were received unknowingly and had attempted to return them. The Tribunal granted relief b...
Fema / RBI : The Tribunal held that bank accounts cannot remain frozen merely because the account holder is related to a suspect or under inves...
Fema / RBI : The Tribunal held that retention of seized assets can continue under Section 8(3) when a PMLA prosecution complaint is already pen...
Fema / RBI : RBI amended governance rules for Rural Co-operative Banks after observing that some directors were briefly resigning and returning...
Fema / RBI : RBI amended governance rules for Urban Co-operative Banks after finding directors briefly resigning and rejoining boards to bypass...
Fema / RBI : RBI issued revised draft directions to regulate recovery practices of banks, NBFCs, and other regulated entities. The framework pr...
Fema / RBI : RBI has released draft amendment directions for commercial and small finance banks to strengthen Pillar 3 disclosures under Basel ...
Fema / RBI : RBI has abolished the mandatory Investment Fluctuation Reserve requirement for commercial banks following changes in market risk a...
वित्तीय ऑडिटिंग किसी संगठन के (या व्यक्ति के) वित्तीय रिकॉर्ड की जांच करने की प्रक्रिया है, ताकि यह निर्धारित किया जा सके कि वे सटीक हैं और किसी भी लागू नियमों (स्वीकृत लेखा मानकों सहित), विनियमों और कानूनों के अनुसार हैं। ऑडिटिंग की यह प्रक्रिया अलग-अलग उद्देश्यों के साथ की जाती है, यदि ऑडिटर का […]
Reserve Bank of India has issued a notification announcing the inclusion of NongHyup Bank in the Second Schedule of the RBI Act, 1934. All banks are advised regarding this update.
Learn about the annual return on Foreign Liabilities and Assets (FLA) and its filing requirements for entities with foreign investments. Discover the penalties for non-compliance and gain insights into the FLA return filing process.
Navigate the complexities of Foreign Liability Assets Return (FLA) under FEMA 1999. Learn about the entities required to submit FLA, exemptions, filing deadlines, and the step-by-step process. Stay compliant and understand the penalties associated with non-compliance.
Calcutta High Court quashes interest demand and orders refund in Anita Tosniwal vs RBI case. Dispute over property ownership rights analyzed.
Read Instruction No. 113 issued by the Government of India’s Ministry of Commerce & Industry, Department of Commerce, SEZ Division. The instruction aims to streamline the compliance process for SEZ units by eliminating the need for physical copies of SOFTEX forms and invoices, promoting ease of doing business.
Explore 25 FAQs on the Liberalized Remittance Scheme (LRS) for Indian residents, covering permissible limits, types of transactions, bank requirements, and compliance. Get insights into foreign remittances, acquisition of foreign assets, and incurring foreign expenses. Stay informed on the do’s and don’ts under LRS, mandatory conditions, and the role of Authorized Dealer (AD) banks. Stay compliant and make informed decisions for your international financial transactions.
Get answers to FAQs about Foreign Liabilities and Assets Annual Return (FLA Return) filing. Understand applicability, filing process, due dates, penalties, and more related to FLA returns for companies, LLPs, AIFs, and partnership firms with foreign investments.
Learn about the common mistakes made by companies and professionals in handling capital account transactions under FEMA (Foreign Exchange Management Act). Avoid non-compliance penalties by understanding the compliance guidelines for Foreign Direct Investment (FDI), Overseas Direct Investment (ODI), and External Commercial Borrowing (ECB) in India.
Discover the recent changes in Tax Collection at Source (TCS) rates and exemptions under the Liberalised Remittance Scheme (LRS) in India. Understand the revised TCS rates, the exclusion of credit card transactions abroad from LRS coverage, and the thresholds applicable for TCS on remittances and overseas tour program packages. Stay informed to optimize your foreign exchange dealings.
