RBI

RBI extends last date for filing Foreign Liabilities and Assets FLA return for 2018-19 to 31.07.2019

RBI extends last date for filing Foreign Liabilities and Assets FLA return for 2018-19 to 31.07.2019

RBI, in view of the recent change in reporting platform for submission of FLA return, has extended the last date for filing the FLA return for 2018-19 to July 31, 2019 for convenience of reporting this year.

Only recently, the Reserve Bank with effect from June 29, 2019, had replaced the email-based annual reporting of Foreign Liabilities and Assets (FLA) by direct investment companies, with web-based Foreign Liabilities and Assets Information Reporting (FLAIR) system.

The existing mechanism of email-based submission of FLA forms stands discontinued.


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