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
RBI allows International Trade Settlement in Indian Rupees (INR)
Deendayal Antyodaya Yojana – National Rural Livelihoods Mission
RBI Guidelines on Regulation of Payment Aggregators & Gateways
Third Party Exports & Third Party payment for exports/Import Transactions
National Bank for Financing Infrastructure and Development General (Amendment) Rules, 2022
Export of Goods and Services under Indian FEMA
Foreign Company Can set up Branch /Liaison/Project Office in India
Foreign Liability and Assets Annual Return (FLA Annual Return)
International Trade Settlement in Indian Rupees (INR)
RBI cannot reject remittance on whimsical & arbitrary reasons
ED imposes penalty on Amnesty India & its CEO Aakar Patel
Overseas Direct Investment under FEMA
Legal Obligations for Business by Foreign Companies in India
Asian Clearing Union (ACU) Mechanism – Indo-Sri Lanka trade
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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