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RBI Amends FEMA Regulations to allow Exporters to Hold Foreign Currency Accounts in IFSCs [Read Notification]

Avinash Kurungot

The Reserve Bank of India has amended the Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) Regulations, 2015,...

Foreign Exchange Management - Reserve Bank of India - Foreign Exchange Management (Deposit) Regulations 2025 - taxscan

Foreign Exchange Management (Deposit) Regulations, 2025: Fifth Amendment [Read Notification]

Ministry of Finance - White Label ATM - Operations and Conditions - FEM Rules - taxscan

Ministry of Finance inserts White Label ATM Operations and Conditions to FEM (Non-debt Instruments)...

Finance Ministry - Notification - Transfer - Equity Instruments - Indian - Foreign Residents - taxscan

Finance Ministry issues Notification on Transfer of Equity Instruments Between Indian and Foreign...

Interim budget 2024 - National Financial Information Registry - TAXSCAN

Interim budget 2024: FM gives status update on National Financial Information Registry announced...

CBIC issues Clarification on Export Remittances in Special INR Vostro Account for GST Compliance [Read Circular]

Based on the representations received, the Central Board of Indirect Taxes and Customs (CBIC), vide circular no. 202/14/2023-GST issued on 27th October 2023 has issued clarification on export...

Legal Framework for Taxation of Foreign Direct Investment

When a business, organization, or individual from one country invests in the assets or stock of a business or organization based in another country, this is referred to as Foreign Direct...

Dept of Economic Affairs Amends Foreign Exchange Management (Current Account Transactions) Rules, 2000

The Finance Ministry of the Department of Economic Affairs amended the provision of Foreign Exchange Management (Current Account Transactions) Rules, 2000. In exercise of the powers...

Dept of Economic Affairs Amends Foreign Exchange Management - Dept of Economic Affairs - Foreign Exchange Management - Current Account Transactions - taxscan

Finance Ministry releases FAQ clarifying TCS on LRS - PART 2

This is the continuation of the Frequently Asked Questions (FAQs) released by the Ministry of Finance regarding the Tax Collection at Source on Liberalised Remittance Scheme (LRS) consequent to the...

Finance Ministry releases FAQ - TCS - LRS - Finance Ministry - releases - FAQ - TCS on LRS - taxscan

Central Government notifies FEMA (Current Account Transactions) (Amendment) Rules, 2023 [Read Notification]

The Central Government notified the amendment of the Foreign Exchange Management (Current Account Transactions) Rules, 2000 on 16th May 2023 and has the same enforcement date. The government has...

Central Government - FEMA - Rules - FEMA (Current Account Transactions) (Amendment) Rules - Amendment - Taxscan

MCA notifies Companies (Prospectus and Allotment of Securities) Amendment Rules [Read Notification]

The Ministry of Corporate Affairs (MCA) has notified the Companies (Prospectus and Allotment of Securities) Amendment Rules, 2022. The notification provided that no offer or invitation of any...

Govt. allows FDI up to 100% under Automatic Route in case an 'in-principle' approval for Strategic Disinvestment of PSU [Read Notification]

The Finance Ministry on Tuesday notified the Foreign Exchange Management (Non-debt Instruments) (Third Amendment) Rules, 2021 wherein it allowed Foreign Investments up to 100% under automatic...