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Income Tax Chennai ITAT Deletes Demonetisation Addition; Cash Deposits Matching Audited Sales and VAT Returns Cannot Be Treated as Unexplained Income Tax Chennai ITAT Quashes Reassessment Where No Addition Was Made on the Recorded Reason for Reopening Income Tax Chennai ITAT Upholds Deletion of Ad Hoc Disallowances; GSTR-2A Is Strong Corroborative Evidence and Purchases Cannot Be Rejected Without Verification Income Tax Chennai ITAT Deletes ₹76.45 Lakh Addition; Once Source of Cash Is Proved, Revenue Cannot Rely on Suspicion About Its Temporary Utilisation Income Tax Chennai ITAT Quashes Reassessment Based Solely on AIR Information; Cash Deposits Must Be Examined with Reference to Business Turnover, Not Returned Income Income Tax Lucknow ITAT Deletes ₹1.31 Crore Addition on Cash Deposits by Bank Mitra; Holds Customer Deposits Cannot Be Taxed as Agent’s Income Goods and Services Tax GSTAT Upholds DGAP Methodology, Orders Emaar to Pass ₹67.32 Lakh ITC Benefit to Homebuyers Goods and Services Tax CBIC Constitutes Working Group to Examine Centralized Administration of Taxpayers with Multiple GSTINs Under Same PAN
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Fema / RBI

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
Fema / RBI

Extension of validity of FCRA registration certificates

TG Team6 years ago
Fema / RBI
Fema / RBI

HC stays Rs. 96 Lakh Penalty imposed on Paypal by FIU-IND

Editor26 years ago
Fema / RBI
Fema / RBI

PMLA Adjudicating Authority to ensure upload of orders within 48 Hours

Editor56 years ago
Fema / RBI
Fema / RBI

Foreign Currency Account Opened In India

Preksha Jain6 years ago
Fema / RBI
Fema / RBI

Digital lending apps – What to be aware of?

K Srinivas CMA CS6 years ago
Fema / RBI
Fema / RBI

Investment in shares of overseas listed exchanges : Caution before you proceed!!!

parag gupta6 years ago
Fema / RBI
Fema / RBI

Norms for empanelment of Statutory Branch Auditors in PSB

Editor6 years ago
Fema / RBI
Fema / RBI

Manner of Payment In Foreign Exchange

Preksha Jain6 years ago
Fema / RBI
Fema / RBI

Receipt in foreign exchange

Preksha Jain6 years ago
Fema / RBI
Fema / RBI

RBIA Framework – Strengthening Governance arrangements

Editor6 years ago

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.