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
Common Mistakes while doing Overseas Direct Investment & judicial proceedings
Special Clearing operations by Banks on March 31, 2021
FETERS – Cards: Monthly Reporting
Banks to keep branches open on 31.03.2021 for government transactions
Writ filed against Not allowing erstwhile Allahabad bank auditors to continue
FLA Return Filing Under FEMA 1999
Non-centrally cleared derivatives exposures will remain outside Large Exposures
RBI (Amalgamation of Urban Co-operative Banks) Directions, 2020
Amendment to Master Direction (MD) on KYC Procedure for Implementation of Section 51A of Unlawful Activities (Prevention) Act, 1967
Excess jewellery seized : ED should pass reasoned order
National Bank for Financing Infrastructure & Development Bill, 2021 introduced in Lok Sabha
Necessity of a new Press Note replacing Press Note No. 2 of FDI Policy 2016/2018
Review of FDI Policy on downstream investments made by NRIs
Reporting & Accounting of Central Govt transactions of March 2021
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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