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FEMA

All you need to know about Authorised Person under FEMA...

Authorised Person under FEMA

It is impossible to think that the Reserve Bank can do all transactions in the foreign exchange on its own. Therefore the RBI delegates its powers to an au...

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RBI Notification

RBI Launches UPI123Pay for Feature Phones

UPI123Pay

The Governor of the RBI launched UPI for feature phones which will allow India’s feature phone users to access UPI payment service.  He also announced t...

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Micro Finance Company

RBI’s Master Direction on Regulatory Framework for Mi...

Regulatory Framework for Microfinance Loans

Recently, the Reserve Bank of India (RBI) has released Master Directions on Regulatory Framework for Microfinance Loans, 2022 wherein RBI has directed that...

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RBI Notification

All you need to know about Digital Rupee or Central Ban...

CBDC

The Union Minister of Finance in the budget of 2022-23 made one of the expected announcements of India’s own digital rupee or Central Bank Digital Curren...

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RBI Notification

NBFCs must implement Core Financial Services Solutions...

The Apex bank regulator of India, the Reserve Bank of India (RBI) has taken a out a notification dated 23rd February 2022 which asks a certain class of Non...

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FEMA

Mandatory filing of APR for investments made outside In...

filing of APR

The Foreign Exchange and Management Act, 1999 (FEMA) has made mandatory filing of APR or Annual Performance Report separately for each and every JV/WOS if...

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FEMA

Regulatory framework of issue of securities to foreigne...

Securities to Foreigners

India offers the world lower corporate taxes and skilled labour. Therefore, companies across the world make their investments in India. One of the most sou...

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FEMA

Curious case of FEMA violations by RR (Rajasthan Royals...

FEMA violations by RR

A curious of case of FEMA violations by RR has been discussed in the following piece of information wherein the Directorate of Enforcement has alleged that...

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