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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 / RBIRBI Exempts Government-Owned NBFCs from Select Governance Rules
Fema / RBI

RBI Exempts Government-Owned NBFCs from Select Governance Rules

editor31 month ago
Fema / RBIRBI Withdraws Concentration Norm Exemptions for Government-Owned NBFCs
Fema / RBI

RBI Withdraws Concentration Norm Exemptions for Government-Owned NBFCs

editor81 month ago
Fema / RBIRBI Simplifies Upper Layer NBFC Classification with ₹1 Lakh Crore Asset Threshold
Fema / RBI

RBI Simplifies Upper Layer NBFC Classification with ₹1 Lakh Crore Asset Threshold

editor31 month ago
Fema / RBIRBI Revises Foreign Exchange Risk Capital Rules to Align Standalone Primary Dealers with International Standards
Fema / RBI

RBI Revises Foreign Exchange Risk Capital Rules to Align Standalone Primary Dealers with International Standards

Editor21 month ago
Fema / RBIRBI Revises AIFI Forex Risk Norms to Align Capital Adequacy with Global Standards
Fema / RBI

RBI Revises AIFI Forex Risk Norms to Align Capital Adequacy with Global Standards

Editor41 month ago
Fema / RBIRBI Revises Capital Adequacy Rules for Rural Co-operative Banks on Forex and Gold Risk
Fema / RBI

RBI Revises Capital Adequacy Rules for Rural Co-operative Banks on Forex and Gold Risk

editor81 month ago
Fema / RBIRBI Revises UCB Capital Norms Because Net Open Position Rules Needed Uniform Implementation
Fema / RBI

RBI Revises UCB Capital Norms Because Net Open Position Rules Needed Uniform Implementation

Editor1 month ago
Fema / RBIRBI Revises RRB Capital Norms Because Net Open Position Rules Needed Uniformity
Fema / RBI

RBI Revises RRB Capital Norms Because Net Open Position Rules Needed Uniformity

Editor1 month ago
Fema / RBIRBI Amends LAB Capital Adequacy Norms Because Forex Risk Rules Must Align with International Standards
Fema / RBI

RBI Amends LAB Capital Adequacy Norms Because Forex Risk Rules Must Align with International Standards

Editor1 month ago
Fema / RBIRBI Revises SFB Forex Rules Because Net Open Position Must Align with International Standards
Fema / RBI

RBI Revises SFB Forex Rules Because Net Open Position Must Align with International Standards

Editor1 month 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.