Fema / RBI : The 2026 FEMA amendment removes uncertainty surrounding INR borrowings by resident individuals from NRIs and OCI relatives. The RB...
Fema / RBI : Explains how ECBs allow Indian entities to borrow abroad while ensuring compliance with RBI rules. Key takeaway: growth is enabled...
Fema / RBI : Expanding overseas is easier under new rules, but compliance risks remain. Missing filings or structuring errors can trigger penal...
Fema / RBI : The issue concerns alternative settlement mechanisms for international trade. The framework allows INR-based transactions with fle...
Goods and Services Tax : ECGC payouts in INR do not qualify as export proceeds under GST and FEMA laws. Exporters must secure AD bank write-offs to avoid r...
Corporate Law : Authorities found Dubai property acquisitions by Indian residents routed through hawala, leading to action for violations of FEMA ...
Fema / RBI : BCAS submits comments on RBI’s draft External Commercial Borrowings (ECB) regulations, seeking clarity on eligibility, KYC norms...
Fema / RBI : BCAS provides feedback on draft FEMA trade regulations, flags concerns over AD bank powers, seeks clarity and consistency....
Fema / RBI : New FEMA rules allow settlement of foreign exchange violations with penalties up to ₹5 crore. Pending cases will follow earlier ...
Fema / RBI : The Government amended FEMA regulations, enabling resolution of violations up to ₹5 crore by paying fines. Ongoing cases follow ...
Corporate Law : The Appellate Tribunal under SAFEMA held that routing demonetized cash through another person’s bank account constituted a benam...
Fema / RBI : The issue was whether properties purchased using company funds could escape benami classification. The Tribunal held that unexplai...
Fema / RBI : The Tribunal ruled that transactions predating the alleged crime cannot be treated as proceeds of crime without a clear link. It s...
Fema / RBI : The issue was whether properties unconnected to crime could be attached under PMLA. The Tribunal held that equivalent value assets...
Fema / RBI : The Tribunal ruled that taxation of income does not negate its use in benami transactions. Even disclosed or assessed income can f...
Fema / RBI : RBI has withdrawn the requirement for prior approval of tie-ups between AD banks and non-bank remittance platforms. The new framew...
Fema / RBI : RBI has notified Foreign Exchange Management (Authorised Persons) Regulations, 2026 to streamline authorisation norms under FEMA. ...
Fema / RBI : RBI notified the Foreign Exchange Management (Authorised Persons) Regulations, 2026 introducing revised eligibility, compliance, a...
Fema / RBI : The issue involved foreign investment limits in the insurance sector under FEMA regulations. The amendment allows up to 100% FDI u...
Fema / RBI : The issue involved foreign investment from countries sharing land borders with India. The amendment mandates Government approval f...
The issue was whether properties purchased using company funds could escape benami classification. The Tribunal held that unexplained sources and cash routing justified treating transactions as benami.
The Tribunal ruled that transactions predating the alleged crime cannot be treated as proceeds of crime without a clear link. It set aside most attachments due to absence of foundational evidence. The decision reinforces the necessity of establishing a direct nexus under PMLA.
The issue was whether properties unconnected to crime could be attached under PMLA. The Tribunal held that equivalent value assets can be attached when proceeds of crime are untraceable.
The Tribunal ruled that taxation of income does not negate its use in benami transactions. Even disclosed or assessed income can form part of a benami arrangement. The judgment clarifies the independent scope of benami law.
The issue was whether property not directly linked to crime could be attached. The Tribunal held that attachment of equivalent value is valid when proceeds of crime are untraceable.
The issue was cancellation of GST registration without recording reasons or granting a hearing. The Court held such orders violate due process and remanded the matter for fresh adjudication.
The Tribunal held that once allegations of money laundering are established, the burden shifts to the accused. Failure to prove legitimate income led to continuation of freezing and seizure.
The Tribunal held that incorrect identification of property does not invalidate proceedings when benami investment is established. It allowed attachment of assets derived from bogus share premium.
The Tribunal examined whether lack of notice violated natural justice in attachment proceedings. It held that proper service was proven and the appellant cannot claim denial of hearing after failing to participate.
The issue was whether exporters took reasonable steps to realise overseas payments. The Tribunal held that lack of documentary proof and recovery action justified penalties under FEMA.
