FEMA Contravention clarification, whether technical/minor is what RBI has to decide and not on own motion or on basis of external advice BUT in nature of interest, apply compounding @ earliest opportunity & how to enter into composition

FEMA Contravention clarification, whether technical/minor is what RBI has to decide and not on own motion or on basis of external advice BUT in nature of interest, apply compounding @ earliest opportunity & how to enter into composition

9:12 PM / 0 Comments

RBI clarifies on compounding of contraventions under Foreign Exchange Management Act (FEMA), 1999 The Reserve Bank of India has clarified that whether contraventions...

Understand More

Issue or Transfer of shares under FEMA: No more CCI guidelines pricing but Discounted Cash Flow technique for valuation: certification by Merchant banker/Chartered Accountant

Issue or Transfer of shares under FEMA: No more CCI guidelines pricing but Discounted Cash Flow technique for valuation: certification by Merchant banker/Chartered Accountant

2:08 PM / 1 Comments

Issue of shares (a) After issue of shares (including bonus and shares issued on rights basis) and shares issued under ESOP)/ convertible debentures...

Understand More

Violated Foreign Exchange laws: on becoming aware of the contravention, disclose it to RBI to save huge penalty of 2 lakhs or 3 times the amount involved in transaction [Compounding Master Circular]

Violated Foreign Exchange laws: on becoming aware of the contravention, disclose it to RBI to save huge penalty of 2 lakhs or 3 times the amount involved in transaction [Compounding Master Circular]

8:40 PM / 2 Comments

It has been decided to put in place an updated procedure for compounding of contravention/s under FEMA on the basis of observations made...

Understand More

Within 12 months of Export of Goods and Software, Realise & Repatriate export Proceeds till 31st March 2011 now with Master Circular

Within 12 months of Export of Goods and Software, Realise & Repatriate export Proceeds till 31st March 2011 now with Master Circular

8:16 PM / 0 Comments

Export of Goods and Software – Realisation and Repatriation of export proceeds – Liberalisation as per A.P. (DIR Series) Circular No.57 dated 29th...

Understand More

Money Laundering Amendment 2010 with insertion of explanation along with updated Master Circular

Money Laundering Amendment 2010 with insertion of explanation along with updated Master Circular

8:10 PM / 0 Comments

Prevention of Money-laundering (Maintenance of Records of the Nature and Value of Transactions, the Procedure and Manner of Maintaining and Time for Furnishing...

Understand More

Download FEMA Master Circulars on FDI/ODI, etc...issued by RBI & updated on 1st July of every year 2010 with foreign exchange law of India up to date

Download FEMA Master Circulars on FDI/ODI, etc...issued by RBI & updated on 1st July of every year 2010 with foreign exchange law of India up to date

10:35 AM / 1 Comments

 Note: Master Circulars are a one-point reference of instructions issued by the Reserve Bank of India on a particular subject between July-June. These are...

Understand More

Download all Press Notes from 1991 to 2009 issued by DIPP as it proposes to consolidate PNs in 2010 to release a comprehensive FDI policy in India like Master Circulars with a sunset clause of 6 months

Download all Press Notes from 1991 to 2009 issued by DIPP as it proposes to consolidate PNs in 2010 to release a comprehensive FDI policy in India like Master Circulars with a sunset clause of 6 months

11:31 AM / 19 Comments

Draft Master Press Note with FDI Regulatory Framework The Legal basis: Foreign Direct Investments (FDI) by non-resident (NRI) in resident entities through transfer...

Understand More

RBI Master Circulars List 2008

RBI Master Circulars List 2008

8:40 PM / 0 Comments

Yes, RBI releases Master Circular every year on 1st of July consolidating ALL  the amendments pertaining to that year in a particular area. ...

Understand More