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FEMA

An Overview of Annual Performance Report under FEMA 199...

Annual Performance Report under FEMA 1999

Annual Performance Report is important annual compliance provided under the Foreign Exchange Management Act 1999. Not filing this report before the due dat...

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RBI Notification

RBI tightens investment norms in NBFC from FATF non-com...

FATF non-compliant jurisdictions

Recently the Reserve Bank of India came out with a notification to impose restrictions on investments in Non-Banking Financial Companies by investors from...

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RBI Notification

RBI Extends Timeline for Processing of Recurring Online...

Recurring Online Transactions

In a major announcement, the Reserve Bank of India extended the timeline for processing of recurring transactions by six months to 30th September 2021. Wit...

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RBI Notification

Extension of timeline for non-bank Payment Aggregators:...

Extension of timeline for non-bank Payment Aggregators

The Reserve Bank of India recently extended the deadline for the implementation of new rules for payment gateways and for online merchants. RBI stated that...

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RBI Notification

Master Direction – Amalgamation of Urban Cooperat...

Amalgamation of Urban Cooperative Banks, Directions, 2020

The Reserve Bank recently came out with a master direction on amalgamation of urban co-operative banks, paving way for it to consider proposals for the mer...

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FEMA

FLA Return Filing under FEMA

FLA Return Filing under FEMA

FLA stands for Foreign Liabilities and Assets. FLA Return is a mandatory filing under Foreign Exchange Management Act 1999. Not filing this return before t...

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FEMA

How to set up a Liaison Office in India?

Liaison office in India

India being one of the largest and fastest-growing market, foreign entities have developed a keen interest to establish their operations here. Foreign comp...

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FEMA

Penalties under FEMA Act, 1999

Penalties under FEMA Act, 1999

FEMA stands for Foreign Exchange Management Act. It was passed on 1st June 2000 to facilitate India’s foreign exchange market's external trades and maint...

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