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 Extends Export Proceeds Repatriation Period to 15 Months
RBI Extends Export Proceeds Realisation Timeline
RBI Updates Repo Directions to Include Municipal Debt Securities
RBI Excludes 19 Rural Banks from Second Schedule
RBI’s FREE-AI Framework for Ethical AI in Finance
From Foreign Investment To Exit: Master FC-GPR And FC-TRS Filings
Cash Deposit before Demonetisation – Addition Deleted as Basis of Assessment Found Faulty
Fake Loans & Cash Deals Unmasked: Tribunal Upholds ₹5.5 Cr Attachment in Coal Levy Bribe Case
ODI under Automatic Route vs Approval Route – Practical Insights
Benami Deal Exposed: Minister-Guaranteed Loan & CRZ Breach Lead to ED Action Upheld
Commercial Deal Also Benami if Benefit Lies Elsewhere: SAFEMA Tribunal
ITR Can’t Whitewash Crime Proceeds – Tribunal Upholds ED Attachment
Satyam Case: PMLA Attachment Valid Even for Uncharged Persons – Tribunal Upholds ED Action
No Proof of Source: Tribunal Upholds Attachment of Cash-Paid Property
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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