FEMA : Master Circular on External Commercial Borrowings and Trade Credits
Master Circular No.09/2011-12 (Updated as on 20-1-2012), dated 1-7-2011
External Commercial Borrowings and Trade Credits availed of by residents are governed by clause (d) of...
A-Z OF Liaison OFFICE IN INDIA
Establishment of Branch/Liaison/Project Offices in India is regulated in terms of Section 6(6) of Foreign Exchange Management Act, 1999 read with Notification No. FEMA...
RBI restricts access to credit data of consumers
BENGALURU | MUMBAI: The Reserve Bank of India has ordered commercial banks and non-banking lenders to stop providing unregulated entities access to consumer data...
I Want To Sell My House In USA And Move To India. What Are...
I have been working in USA for more than 12 years and now my family and me are moving back to India for good this...
Revised Bank Locker Guidelines w.e.f 1st January, 2022
RBI/2021-2022/86
DOR.LEG.REC/40/09.07.005/2021-22 August 18, 2021
All Scheduled Commercial Banks (including RRBs) All Co-operative Banks
All Small Finance Banks All Payments Banks
All Local Area Banks Madam/Sir,
Safe Deposit Locker/Safe...
RBI Allows Tokenization of Card Transaction – What Does it Mean to you?
The Reserve Bank of India has allowed tokenization of debit, credit and prepaid card transactions to enhance the safety of the digital payments ecosystem in the country. By...
Government allows 100% FDI in coal mining
Union Minister of Railways and Commerce Piyush Goyal announced the approval of 100 per cent Foreign Direct Investment (FDI) in coal mining and associated infrastructure while...
FDI Eased for Contract Manufacturing, Single Brand Retails & Digital Media
Cabinet approves proposal for Review of FDI policy on various sectors
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the...
LEI Now Mandatory Above 50 Cr of Foreign Transactions
The Legal Entity Identifier (LEI) is a 20-digit number used to uniquely identify parties to financial transactions worldwide to improve the quality and accuracy...
All About Project / Branch & Liaison Office in India
Q.1. How can foreign companies open Liaison /Branch office in India?Liaison office RBI, FEMA, Branch office, Project office
Ans. As enlisted below: registration RBI, Register Liaison...
India received $81.7 billion FDI in FY21
India received $81.72 billion foreign direct investment (FDI) in FY21, the highest ever and 10% more than what was received in the year before,...
FEMA :- Compounding of Contraventions
General
1.1 In terms of Section 13(1) , Chapter IV of FEMA 1999, if any person contravenes any provision of FEMA, 1999, or...
RBI’s notification to banks and other regulated entities, what will be the future of...
The Reserve Bank of India on Monday issued a statement that banks and other regulated entities can not cite its April 2018 order on virtual currencies...
Central Bank Digital Currency (CDSC) is the Future of Digital Money in India
Introduction
The idea of “Central Bank Digital Currencies” (CBDC) is not a recent development. Some attribute the origins of CBDCs to Nobel laureate James Tobin2,...
Software Export – Filing of bulk SOFTEX–Further Liberalisation
Software Export – Filing of bulk SOFTEX-further liberalisation
RBI/2015-16/231 | A.P. (DIR Series) Circular No.27 | November 05, 2015
Attention of Authorised Dealers is invited to A.P. (DIR...
Increase in the limit from USD 75,000 to USD 125,000 – Liberalised Remittance Scheme...
Much to the relief of several citizens who have been benefiting from the Liberalised Remittance scheme (LRS) now the RBI has increased the limit...
Foreign Exchange Management (Possession and Retention of Foreign Currency) Regulations, 2015
Foreign Exchange Management (Possession and Retention of Foreign Currency) Regulations, 2015
Attention of Authorised Dealers (ADs) is invited to Foreign Exchange Management (Possession and Retention...
New rules under Insurance Act to enhance FDI limit in Insurance
Indian promoters of insurance joint ventures with foreign partners will no longer be able to nominate a majority of the board members, as per...
India must standardize cryptocurrency that deals with FEMA compliances, investors identity and other legal...
13 years after being invented by Satoshi Nakamoto, Bitcoin(BTC) is bigger than ever in 2021. The combined market cap of cryptocurrencies has been on...
FEMA (Transfer / Issue of Security by PROI) Regulations Amendment – 2015
Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Amendment) Regulations, 2015 - 334/2015-RB - Dated 9-1-2015 - Foreign...
Foreign Exchange Management (Export and Import of Currency) Regulations, 2015
Foreign Exchange Management (Export and Import of Currency) Regulations, 2015
Attention of Authorised Persons is invited to Foreign Exchange Management (Export and Import of Currency)...
Foreign Exchange Management (Remittance of Assets) Regulations, 2016
Foreign Exchange Management (Remittance of Assets) Regulations, 2016 - 13 (R)/2016-RB - Dated 1-4-2016 - Foreign Exchange Management
RESERVE BANK OF INDIA
(Foreign Exchange Department)
(CENTRAL OFFICE)
NOTIFICATION
Mumbai,...
19 Countries Which Give Citizenship Based on Investment for Indians
As India does not allow dual citizenship, India's investment migration market is primarily centred around residence-by-investment programs.
Up until a few years ago, India's market...
Foreign Exchange Management (Realisation, repatriation and surrender of foreign exchange) Regulations, 2015
Foreign Exchange Management (Realisation, repatriation and surrender of foreign exchange) Regulations, 2015
Attention of Authorised Dealers (ADs) is invited to Foreign Exchange Management (Realisation, repatriation...
Liberalized Scheme– No Requirement for RBI Reporting
RBI/2013-14/222 - A.P. (DIR Series) Circular No.32 clarified that :-
Q. Can resident individuals make remittances under LRS for investments in immovable properties abroad which...
New Sectoral Caps & Entry Routes in Broadcasting Sector
New Sectoral Caps & Entry Routes in Broadcasting Sector
FDI policy on Broadcasting sector has also been amended. New sectoral caps and entry routes are...
FDI Policy Conditionalities for Single Brand Retail Trading and Permitting 100% FDI in Duty...
Review of FDI Policy Conditionalities for Single Brand Retail Trading and Permitting 100% FDI in Duty Free Shops
(i) Extant FDI policy on SBRT mandates...
Key FDI Liberalization Reforms–A Detailed Note
Key FDI Liberalisation Reforms on Construction, Defence, Air Transport, LLP’s, Single Brand Retail, Manufacturers, Banking, Broadcasting etc
Subject: Review of Foreign Direct Investment (FDI) policy...
Revise Norms for NBFC factor firms: RBI
Revise Norms for NBFC firms: RBI
The Reserve Bank of India (RBI) on Thursday came out with clarifications for NBFC factor companies to remove any...
Payment of agency commission – Certification of claims by external auditors Amended
Payment of agency commission – Certification of claims by external auditors
RBI/2015-16/233 | DGBA.GAD.No. 1636/31.12.010/2015-16 | November 10, 2015
Please refer to our circulars DGBA.GAD.No.2528/31.12.010(C)/2012-13 and DGBA ....