Annual Return on Foreign Liabilities and Assets Every Indian company that has made a Foreign Direct Investment (FDI) in the preceding year, including the current year, must submit the Foreign Liabilities and Assets (FLA) Return. Annual Performance Report Resident individual who has made an Overseas Direct Investment (ODI). External Commercial Borrowings (ECB) All borrowers must…
RESERVE BANK OF INDIA FOREIGN EXCHANGE DEPARTMENT CENTRAL OFFICE MUMBAI-400 001 Notification No. FEMA. 345/2015-RB November 16, 2015 Foreign Exchange Management (Permissible Capital Account Transactions) (Fourth Amendment) Regulations, 2015 In exercise of the powers conferred by sub-section (2) of Section 6, sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of…
(Permissible Capital Account Transactions) Regulations, 2000 Investment in foreign securities Foreign Currency loans raised in India and abroad Transfer of Immovable properties outside India Guarantees issued by a person resident in India in favour of a person resident outside India. Export, Import and holding of currency/currency notes. Loans and overdrafts (borrowings) by a person resident…
Current Account Transaction is a transaction other than a capital account transaction and includes: 1.Payment due in connection with foreign trade, other current business, services and short term banking and credit facilities in the ordinary course of business. 2.Payments due as interest on loans and as net income from investments. 3.Remittances for living expenses of…
THE FOREIGN EXCHANGE MANAGEMENT ACT, 1999 CHAPTER I PRELIMINARY 1. Short title, extent, application and commencement. 2. Definitions. CHAPTER II REGULATION AND MANAGEMENT OF FOREIGN EXCHANGE 3. Dealing in foreign exchange, etc. 4. Holding of foreign exchange, etc. 5. Current account transactions. 6. Capital account transactions. 7. Export of goods and services. 8. Realisation and…
