Fema / RBI : The article explains that the FLA Return is a position-based FEMA compliance triggered by outstanding foreign investments, not by ...
Fema / RBI : RBI has updated the FLA Return FAQs, clarifying who must file, the 15 July deadline, revision procedures, and reporting requiremen...
Fema / RBI : The 2026 FEMA amendment expands portfolio investment eligibility beyond NRIs and OCIs to all individuals resident outside India. I...
Fema / RBI : The article examines how recent FEMA reforms have simplified downstream investments while highlighting unresolved issues involving...
Fema / RBI : India has expanded portfolio investment access by allowing any individual resident outside India to invest in listed Indian compan...
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 ...
Fema / RBI : The Karnataka High Court upheld the Appellate Tribunal's finding that the respondents satisfied the definition of person resident ...
Fema / RBI : The key issue was whether cash falls within the definition of property under the PBPT Act. The Tribunal ruled that cash is a tangi...
Fema / RBI : The case examined whether Indian assets could remain seized after foreign asset value was repatriated. The Tribunal ruled that onc...
Fema / RBI : The appellant claimed the disputed funds were received unknowingly and had attempted to return them. The Tribunal granted relief b...
Fema / RBI : The Tribunal held that bank accounts cannot remain frozen merely because the account holder is related to a suspect or under inves...
Fema / RBI : The RBI has withdrawn non-operative FEMA circulars after reviewing directives issued since June 2000. The ruling helps Authorised ...
Fema / RBI : RBI has rationalised FEMA reporting by introducing revised return formats, discontinuing several reports, and easing compliance re...
Fema / RBI : RBI has allowed Authorised Dealer Category-I banks to exclude hedged positions arising from FCNR(B) deposits, ECBs, and OFCBs whil...
Fema / RBI : The RBI has directed all AD Category-I banks to submit daily data on FCNR(B) deposits, ECBs, and OFCBs mobilized under its swap fa...
Fema / RBI : RBI's Sixth Amendment to the FEMA Deposit Regulations broadens the scope of SNRR accounts by permitting IFSC branches to maintain ...
Assessee-company was engaged in the business of providing unsecured short-term loans to its customers/borrowers in India via its Digital Application based platform called the ‘CashBean‟.
Stay informed! RBI directs Authorised Dealer Banks to report Liberalised Remittance Scheme data through Centralised Information Management System (CIMS) starting December 26, 2023
Explore changes in Annual Performance Report (APR) compliance rules post introduction of Overseas Investment 2022. Learn about filing, exceptions, and penalties.
Explore the latest RBI notification on Foreign Exchange Management Regulations 2023. Understand the impact, definitions, and manner of receipt and payment. Stay informed!
Liberalized Remittance Scheme (LRS) for overseas transactions, learn about TCS under Sec 206C(1G), and ensure compliance for tax-efficient remittances
Explore the power of the Enforcement Directorate to compound offences under FEMA. Learn more about the compounding and contravention rules, as authorized by the Central Government. Compounding of Offences by Enforcement Directorate under FEMA.
Explore the intricacies of residential status under the Income Tax Act in India. Learn about individual and HUF classifications, conditions, and recent amendments.
Explore latest regulatory shifts in November 2023, covering BSE’s SME migration criteria, company law penalties, Supreme Court’s stand on workplace harassment, and ICAI’s PMLA FAQs.
Regulations for software export depend upon the medium used. Learn how the export of software through data communication links from domestic tariff area is regulated by RBI and their Master Circulars in this article. Export of Software through Communication Links- FEMA Perspective
Export of Goods and Services regulated by DGFT under Foreign Trade Policy – A FEMA Perspective – Learn about legal & compliance aspects with Prescribed Declaration and Realization of full export value.
