FEMA & Banking

Blog, News, FEMA & Banking

June 25, 2024

HC Quashes Sec. 138 Complaint Against CS as Complainant Failed to Prove Her Involvement in Cheque Dishonoring

Case Details: Rashmi Goyal v. … Continue reading “HC Quashes Sec. 138 Complaint Against CS as Complainant Failed to Prove Her Involvement in Cheque Dishonoring”

Blog, News, FEMA & Banking

June 18, 2024

HC Upholds FERA Conviction in 2001 Despite FEMA Enactment, as FERA Stands Effective for 2 Years Post-FEMA

Case Details: Sk. Rustam v. … Continue reading “HC Upholds FERA Conviction in 2001 Despite FEMA Enactment, as FERA Stands Effective for 2 Years Post-FEMA”

Blog, FEMA & Banking

June 17, 2024

Acquisition & Transfer of Immovable Property under FEMA Regulations – Guidelines | Practical Strategies | Case Studies

Acquisition and transfer of immovable … Continue reading “Acquisition & Transfer of Immovable Property under FEMA Regulations – Guidelines | Practical Strategies | Case Studies”

Blog, News, FEMA & Banking

June 13, 2024

AD Cat-I Banks May Open Additional Special Current Accounts for Its Constituents to Settle Export & Import Transactions

Circular No. RBI/2024-2025/43 FED Circular … Continue reading “AD Cat-I Banks May Open Additional Special Current Accounts for Its Constituents to Settle Export & Import Transactions”

Blog, Advisory, FEMA & Banking

June 11, 2024

[Analysis] RBI’s New Proposals – Boosting Financial Security | Efficiency | Innovation

The RBI proposals include revising … Continue reading “[Analysis] RBI’s New Proposals – Boosting Financial Security | Efficiency | Innovation”

Blog, News, FEMA & Banking

June 11, 2024

RBI Expands Scope of Overseas Portfolio Investments to Include All Instruments Issued by Overseas Investment Funds

Circular No. RBI/2024-25/41 A.P. (DIR … Continue reading “RBI Expands Scope of Overseas Portfolio Investments to Include All Instruments Issued by Overseas Investment Funds”

Blog, News, FEMA & Banking

June 11, 2024

IFSC Authority Sets Norms for Bookkeeping, Accounting, Taxation, and Financial Crime Compliance Services for IFSCs

Notification No. IFSCA/GN/2024/003, Dated: 04.06.2024 … Continue reading “IFSC Authority Sets Norms for Bookkeeping, Accounting, Taxation, and Financial Crime Compliance Services for IFSCs”

Blog, News, FEMA & Banking

June 10, 2024

Govt. Amends SEZ Rules | IFSC Units Can Now Import, Export, and Supply Aircraft Engines to/from DTA

Notification No. G.S.R 314(E); Dated: … Continue reading “Govt. Amends SEZ Rules | IFSC Units Can Now Import, Export, and Supply Aircraft Engines to/from DTA”

Blog, News, FEMA & Banking

June 10, 2024

RBI Proposes to Set Up a ‘Digital Payments Intelligence Platform’ to Mitigate Payment Fraud Risks

Press Release No. 2024-2025/454, Dated: … Continue reading “RBI Proposes to Set Up a ‘Digital Payments Intelligence Platform’ to Mitigate Payment Fraud Risks”

News, Blog, FEMA & Banking

June 10, 2024

RBI’s Monetary Policy Committee Keeps Repo Rate Unchanged at 6.50%

Press Release: 2024-2025/453, Dated: 07.06.2024 … Continue reading “RBI’s Monetary Policy Committee Keeps Repo Rate Unchanged at 6.50%”