Tag: fema
FAQ on applicable TCS rates subsequent to Spending on International Credit Card on foreign trip expenses brought under FEMA Rules Finance Ministry issue Frequently Asked Questions (FAQs) on Tax Collection at Source (TCS) on foreign remittance through the Liberalised Remittance Scheme (LRS) subsequent to The e-Gazette notification dated …
Authorised Dealers in India may lend to person resident outside India for making margin payments in respect of settlement of transactions involving Government Securities RESERVE BANK OF INDIA(Financial Markets Regulation Department)(CENTRAL OFFICE) NOTIFICATION MUMBAI, the 24th May 2021 Foreign Exchange Management (Borrowing and lending) (Amendment) Regulations, 2021 No. …
Compounding of Contraventions under FEMA. Delegation of powers to RBI Regional Offices Foreign Exchange Management Act, 1999 (FEMA)- Compounding of Contraventions under FEMA, 1999 In terms of the Master Direction on “Compounding of Contraventions under FEMA, 1999” the powers to compound certain contraventions of have been delegated to …
Foreign Exchange Management Deposit Amendment Regulations 2019. Regulation authorising Indian company to accept deposit by issue of Commercial Paper deleted RESERVE BANK OF INDIA(FOREIGN EXCHANGE DEPARTMENT)(CENTRAL OFFICE) Notification No. FEMA 5 (R) 2 /2019-RB Mumbai, the 16th July, 2019 Foreign Exchange Management (Deposit)(Amendment) Regulations, 2019 G.S.R. 498 (E).— …
Individual travelling from India to Nepal/Bhutan can carry notes of Mahatma Gandhi (new) Series of denominations Rs. 200/- and/or 500/- up to Rs. 25,000 RESERVE BANK OF INDIA(Foreign Exchange Department)(CENTRAL OFFICE) NOTIFICATION Mumbai, the 26th February, 2019 Foreign Exchange Management (Export and import of Currency) (Amendment) Regulations, 2019 …
Foreign Exchange Management Deposit Amendment Regulations 2018. Opening of foreign currency A/c by FPI / Foreign Venture Capital Investor registered with SEBI RESERVE BANK OF INDIA (Foreign Exchange Department) (CENTRAL OFFICE) NOTIFICATION New Delhi, the 9th November, 2018 No. FEMA 5 (R)(1)/2018-RB Foreign Exchange Management (Deposit) (Amendment) Regulations, 2018 …
Foreign Exchange Management (Cross Border Merger) Regulations 2017. RBI proposes fresh Regulations. Invites comments from stakeholders Reserve Bank of India Date : Apr 26, 2017 RBI proposes fresh Regulations under Foreign Exchange Management Act, 1999 for Cross Border Mergers: Invites comments from stakeholders he Reserve Bank today has …
SIT directs Enforcement Directorate to take necessary action under FEMA with respect to 216 Companies with respect to the period before 1st March, 2016 and 572 Companies for the period after 1st March, 2016 for which each such Company had export proceeds pending for realisation for more than …
FEMA Compounding orders to be hosted on RBI website for orders passed on or after 01/06/2016. Guidance note on compounding fee imposed to be also hosted for general public. Foreign Exchange Management Act, 1999 (FEMA) Foreign Exchange (Compounding Proceedings) Rules, 2000 (the Rules) – Compounding of Contraventions under …
Master Direction-Compounding Contraventions under FEMA-1999-RBI. Power, Delegation, Authorisation, Application and Pre-requisite. Reserve Bank of India RBI/FED/2015-16/1FED Master Direction No.4/2015-16 January 1, 2016 To,All Authorised Dealer Category – I banks and Authorised banks Madam / Sir, Master Direction- Compounding of Contraventions under FEMA, 1999 The provisions of section 15 …
