ED Cracks Down on Ranchi CA-led ₹1500 Cr Hawala Operation across India, UAE, Nigeria and U.S
In one of its biggest foreign exchange crackdown operations this year, the Enforcement Directorate (ED) has allegedly launched simultaneous...
![RBI Allows Investment of Special Rupee Vostro Account Balances in Corporate Debt Instruments [Read Circular]](https://images.taxscan.in/h-upload/2025/10/06/250x150_2094258-rbi-corporate-debt-taxscan.webp "RBI Allows Investment of Special Rupee Vostro Account Balances in Corporate Debt Instruments [Read Circular]")
![RBI Expands Investment Options for Special Rupee Vostro Accounts in INR Trade Settlement [Read Circular]](https://images.taxscan.in/h-upload/2025/10/06/250x150_2094245-inr-rbi-taxscan.webp "RBI Expands Investment Options for Special Rupee Vostro Accounts in INR Trade Settlement [Read Circular]")
![RBI Extends Time Limit for Foreign Exchange Outlay in Merchanting Trade Transactions to Six Months [Read Announcement]](https://images.taxscan.in/h-upload/2025/10/04/250x150_2093770-foreign-exchange.webp "RBI Extends Time Limit for Foreign Exchange Outlay in Merchanting Trade Transactions to Six Months [Read Announcement]")
RBI Simplifies Closure of Small-Value Export and Import Entries in EDPMS and IDPMS [Read Announcement]
The Reserve Bank of India (RBI), through its A.P. (DIR Series) Circular No. 12 dated October 1, 2025, has announced a simplified procedure for reconciling and closing small-value transactions in ...
![RBI Simplifies Closure of Small-Value Export and Import Entries in EDPMS and IDPMS [Read Announcement]](https://images.taxscan.in/h-upload/2025/10/04/500x300_2093750-2044267-rbi-ship-imports-permits-advance-usd50-million-bank-taxscan.webp "RBI Simplifies Closure of Small-Value Export and Import Entries in EDPMS and IDPMS [Read Announcement]")
Compounding Application Made under FEMA in Completion of Adjudication Process is not Maintainable: Calcutta HC [Read Order]
In a recent case, the Calcutta High Court has held that Compounding Application made under Foreign Exchange Management Act, 1999 (FEMA) in the Completion of adjudication process is not maintainable....
![Compounding Application Made under FEMA in Completion of Adjudication Process is not Maintainable: Calcutta HC [Read Order]](https://images.taxscan.in/h-upload/2025/08/09/500x300_2074762-compounding-application-made-under-fema-compounding-application-taxscan.webp "Compounding Application Made under FEMA in Completion of Adjudication Process is not Maintainable: Calcutta HC [Read Order]")
Karnataka High Court Quashes ED’s FEMA Proceedings Against Greenpeace Entities Citing Binding Precedent [Read Order]
In a recent judgement passed by the Karnataka High Court in June, it quashed the Directorate of Enforcement's (ED) proceedings under the ForeignExchange Management Act, 1999 (FEMA) against Greenpeace...
![Karnataka High Court Quashes ED’s FEMA Proceedings Against Greenpeace Entities Citing Binding Precedent [Read Order]](https://images.taxscan.in/h-upload/2025/06/24/500x300_2053962-karnataka-hc-quashes-eds-fema-proceedings-greenpeace-entities-taxscan.webp "Karnataka High Court Quashes ED’s FEMA Proceedings Against Greenpeace Entities Citing Binding Precedent [Read Order]")
RBI Issues Guidelines on FIRMS Portal Reporting for Issuance of Partly Paid Units by Investment Vehicles [Read Circular]
The Reserve Bank of India (RBI), through its notification dated May 23, 2025 (A.P. (DIR Series) Circular No. 06), issued important guidelines for reporting the issuance of partly paid units by...
![RBI Issues Guidelines on FIRMS Portal Reporting for Issuance of Partly Paid Units by Investment Vehicles [Read Circular]](https://www.taxscan.in/wp-content/uploads/2025/05/Reserve-Bank-India-Taxscan.jpg "RBI Issues Guidelines on FIRMS Portal Reporting for Issuance of Partly Paid Units by Investment Vehicles [Read Circular]")
