{"id":533,"date":"2022-04-15T12:54:18","date_gmt":"2022-04-15T12:54:18","guid":{"rendered":"https:\/\/udyogmentor.com\/?p=533"},"modified":"2022-04-15T12:54:18","modified_gmt":"2022-04-15T12:54:18","slug":"foreign-exchange-management-permissible-capital-account-transactions-fourth-amendment-regulations-2015","status":"publish","type":"post","link":"https:\/\/udyogmentor.com\/community\/foreign-exchange-management-permissible-capital-account-transactions-fourth-amendment-regulations-2015\/","title":{"rendered":"Foreign Exchange Management (Permissible Capital Account Transactions) (Fourth Amendment) Regulations, 2015"},"content":{"rendered":"<p class=\"head\" align=\"center\"><strong>RESERVE BANK OF INDIA<\/strong><br \/>\nFOREIGN EXCHANGE DEPARTMENT<br \/>\nCENTRAL OFFICE<br \/>\nMUMBAI-400 001<\/p>\n<p><span class=\"head\">Notification No. FEMA. 345\/2015-RB<\/span><\/p>\n<p class=\"head\" align=\"right\">November 16, 2015<\/p>\n<p class=\"head\" align=\"center\"><strong>Foreign Exchange Management (Permissible Capital Account<\/strong><br \/>\n<strong>Transactions) (Fourth Amendment) Regulations, 2015<\/strong><\/p>\n<p>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 1999), the Reserve Bank of India makes, in consultation with the Central Government, the following amendments in the Foreign Exchange Management (Permissible Capital Account Transactions) Regulations, 2000 (<a class=\"links\" href=\"https:\/\/www.rbi.org.in\/Scripts\/BS_FemaNotifications.aspx?Id=155\" target=\"_blank\" rel=\"noopener\">Notification No. FEMA.1\/2000-RB dated 3rd May 2000<\/a>), namely:-<\/p>\n<p class=\"head\">1. Short Title &amp; Commencement:-<\/p>\n<p>(i) These Regulations may be called the Foreign Exchange Management (Permissible Capital Account Transactions) ( Fourth Amendment) Regulations, 2015.<\/p>\n<p>(ii) They shall come into force from the date of their publication in the Official Gazette.<\/p>\n<p class=\"head\">2. Amendment to the Regulation:-<\/p>\n<p>In the Foreign Exchange Management (Permissible Capital Account Transactions) Regulations, 2000 (<a class=\"links\" href=\"https:\/\/www.rbi.org.in\/Scripts\/BS_FemaNotifications.aspx?Id=155\" target=\"_blank\" rel=\"noopener\">Notification No. FEMA 1\/2000-RB dated 3rd May 2000<\/a>), in Regulation 4, in sub-regulation (b), the existing Explanation (i) shall be substituted by the following namely:<\/p>\n<p>\u201c(i) For the purpose of this regulation, \u201creal estate business\u201d shall not include development of townships, construction of residential \/commercial premises, roads or bridges and Real Estate Investment Trusts (REITs) registered and regulated under the SEBI (REITs) Regulations 2014\u201d<\/p>\n<p class=\"head\" align=\"right\">(B. P. Kanungo)<br \/>\nPrincipal Chief General Manager<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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&hellip; <\/p>\n<div class=\"read-more\"><a class=\"more-link\" href=\"https:\/\/udyogmentor.com\/community\/foreign-exchange-management-permissible-capital-account-transactions-fourth-amendment-regulations-2015\/\">Read More <span class=\"screen-reader-text\">Foreign Exchange Management (Permissible Capital Account Transactions) (Fourth Amendment) Regulations, 2015<\/span><\/a><\/div>\n","protected":false},"author":1,"featured_media":534,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43,47],"tags":[],"class_list":["post-533","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fema","category-notifications-fema","entry"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/udyogmentor.com\/community\/wp-json\/wp\/v2\/posts\/533","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/udyogmentor.com\/community\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/udyogmentor.com\/community\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/udyogmentor.com\/community\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/udyogmentor.com\/community\/wp-json\/wp\/v2\/comments?post=533"}],"version-history":[{"count":0,"href":"https:\/\/udyogmentor.com\/community\/wp-json\/wp\/v2\/posts\/533\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/udyogmentor.com\/community\/wp-json\/wp\/v2\/media\/534"}],"wp:attachment":[{"href":"https:\/\/udyogmentor.com\/community\/wp-json\/wp\/v2\/media?parent=533"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/udyogmentor.com\/community\/wp-json\/wp\/v2\/categories?post=533"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/udyogmentor.com\/community\/wp-json\/wp\/v2\/tags?post=533"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}