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The legal foundation for overseeing foreign exchange transactions in India was established by the Foreign Exchange Management Act of 1999. The Foreign Exch...
The Foreign Exchange Management Act of 1999 (FEMA) provides for a compounding process. Section 15 of FEMA provides that any contravention under section 13...
On 22nd August 2022, vide notification no. 400/2022-RB the Reserve Bank of India (RBI)issued the regulations which are known as Foreign Exchange Management...
“Round Tripping” or “round trip transactions” means a series of transactions in which first the money is transferred to another country and then ma...
Forex trading in India is governed and regulated by the legal provisions of SEBI (Securities Exchange Board of India), which ensures that firms follow the...
Retail Foreign Exchange Transactions, commonly known as Forex trading, involve the buying and selling of foreign currencies for the purpose of earning a pr...
The Bank for International Settlements (BIS) is an international financial institution that promotes international monetary and financial cooperation and s...
The Compendium of Foreign Exchange Regulations (CFER) and its Manual serve as a comprehensive guide to the regulatory framework governing foreign exchange...
The CBIC has on 6th September 2023 released a Notification No. 64/2023- Customs (N.T.). Vide th...
On 15th September 2023, the Central Board of Indirect Taxes (BCIC) issued Notification No. 30/2...
The Central Board of Indirect Taxes (CBDT) has on 15th September 2023 issued Notification No. 3...
With the ongoing involvement of companies with foreign investments, the FEMA regulations have b...
Recently, RBI released a circular on 14th September 2023 notifying the List of Companies (NBFCs...
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