FEMA & Banking

Blog, News, FEMA & Banking

October 14, 2022

Total Assets of all NBFCs in a group to be aggregated for middle layer classification: RBI

Circular No. RBI/2022-23/129 DOR.CRE.REC.No.78/03.10.001/2022-23, Dated: … Continue reading “Total Assets of all NBFCs in a group to be aggregated for middle layer classification: RBI”

Blog, News, FEMA & Banking

October 14, 2022

RBI allows ARCs to act as resolution applicants under IBC

CIRCULAR No. RBI/2022-23/128 DOR.SIG.FIN.REC.75/26.03.001/2022-23, Dated: … Continue reading “RBI allows ARCs to act as resolution applicants under IBC”

Blog, News, FEMA & Banking

October 12, 2022

RBI issues prudential regulations and other instructions to be followed by SPDs carrying foreign exchange activities

Circular No. RBI/2022-23/127 DOR.FIN.REC.No.73/03.10.117/2022-23, dated: … Continue reading “RBI issues prudential regulations and other instructions to be followed by SPDs carrying foreign exchange activities”

Blog, News, FEMA & Banking

October 12, 2022

RBI expands scope of Standalone Primary Dealers to offer all foreign exchange market making facilities

Circular No. RBI/2022-23/126 DOR.FIN.REC.No.72/03.10.117/2022-23, dated: … Continue reading “RBI expands scope of Standalone Primary Dealers to offer all foreign exchange market making facilities”

Blog, News, FEMA & Banking

October 10, 2022

RBI issues directions for the appointment of the Internal Ombudsman for all CICs

Circular no. RBI/2022-23/124 CEPD.PRD.No.S806/13-01-008/2022-23, dated: … Continue reading “RBI issues directions for the appointment of the Internal Ombudsman for all CICs”

Blog, News, FEMA & Banking

October 10, 2022

RBI issues concept note on CBDC, pilot launches of ‘Digital Rupee’ to be commenced soon

Press Release no. 2022-2023/1012, dated: … Continue reading “RBI issues concept note on CBDC, pilot launches of ‘Digital Rupee’ to be commenced soon”

News, Blog, FEMA & Banking

October 7, 2022

Govt. amends SEZ rules, prescribes procedure for import/export/supply of aircraft to DTA

Notification no. G.S.R 761(E), Dated … Continue reading “Govt. amends SEZ rules, prescribes procedure for import/export/supply of aircraft to DTA”

Blog, News, FEMA & Banking

October 6, 2022

RBI brings uniformity to the Late Submission Fee (LSF)

Circular No. A.P. (DIR Series) … Continue reading “RBI brings uniformity to the Late Submission Fee (LSF)”

Blog, News, FEMA & Banking

March 14, 2023

[Opinion] Overseas Direct Investment under FEMA – An Analysis

[2022] 143 taxmann.com 15 (Article) … Continue reading “[Opinion] Overseas Direct Investment under FEMA – An Analysis”

News, Blog, FEMA & Banking

October 3, 2022

RBI uniforms the Late Submission Fee to be paid for different reporting delays under FEMA

RBI/2021-22/122 A.P. (DIR Series) Circular … Continue reading “RBI uniforms the Late Submission Fee to be paid for different reporting delays under FEMA”