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
Affidavits Alone Cannot Displace Proceeds of Crime Presumption
Undervalued Imports via Hawala Attract FEMA, Not Exorbitant Fines
Fake Degree Scam: Personal Properties Upheld as Proceeds of Crime by SAFEMA
Pre-2016 Property Transfers Can Still Be Benami If Held Post-Amendment
Benami Transaction Upheld Due to Direct Payment and Future Benefit
No Money Trail, No Attachment: PMLA Property Seizure Quashed
NRI to OCI Status Change Does Not Alter Indian Property Rights Under FEMA
Cross-Border Family Gifting: FEMA Compliance Explained
Faster Payments: EDPMS gives RBI & your bank real-time visibility into shipments
Foreign Real Estate Investment by Indians — FEMA Perspective
ईडीपीएमएस क्या है? (निर्यात डेटा प्रोसेसिंग और निगरानी प्रणाली) – भारतीय निर्यातकों के लिए इसके लाभ
Compounding under FEMA: Flags, Triggers and Trends
Foreign Exchange Loan Abroad Without Approval Invites Sanction
Secured Asset Attached Because PMLA Overrides SARFAESI Protections
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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