Fema / RBI
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FEMA (Transfer or Issue of Security by a Person Resident outside India) 15th Amendment) Regulations, 2016
With 10 million installs within 10 days of launch, BHIM makes a dream debut
Balance Sheet of the Demonetization
Figure of SBNs returned released by us earlier is not final : RBI
Restriction on currency exchange for foreigners to continue till 31.01.2017
Supply 40% bank notes / cash to bank branches in rural areas
Demonetization – Pains and Gains
Attention! Resident & Non-Resident Indians returning from abroad
Unbiased critical analysis of Demonetization
Exchange of old notes for those who were out of India B/W 10.11.2016 to 30.12.2016
RBI Closes scheme of exchange of Specified Bank Notes at banks
White Label ATM Operators- Sourcing of cash from retail outlets
Special measures to incentivise Electronic Payments – Extension of time
President assents Specified Bank Notes (Cessation of Liabilities) Ordinance, 2016
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.
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