Tag Archives: fema

Foreign Exchange Management Regulations, 2017 issued: RBI

The Reserve Bank of India (RBI) has issued the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2017 (2017 Regulations). The 2017 Regulations consolidate the regulations, compliances and restrictions applicable to foreign investment … Continue reading

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Changes made in Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) Regulations, 2015: RBI

Attention of Authorised Dealers Banks is invited to the Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) Regulations, 2015, notified vide Notification No. FEMA 10(R)/2015-RB dated January 21, 2016, and A.P (DIR Series) Circular No. 51 … Continue reading

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RBI restores ODI to 400% net worth of Indian entities

Financial Commitment (FC) by Indian Party under Overseas Direct Investments (ODI) – Restoration of Limit Attention of the Authorised Dealer (AD – Category I) banks is invited to the provisions of the Notification No. FEMA.120/RB-2004 dated July 7, 2004 [Foreign … Continue reading

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RBI Issues Clarifications Regarding Applicability of Revised Guidelines in Respect of Overseas Direct Investment (ODI)

Reserve Bank of India (RBI) has issued certain clarifications vide AP (DIR Series) Circular No. 30 dated September 04, 2013 with respect to the applicability of the revised guidelines in respect of Overseas Direct Investment (ODI) notified vide A.P. (DIR … Continue reading

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NRIs investments in Indian companies may be made at face value subject to their eligibility to invest under the FDI scheme

In terms of sub-regulation (1) of Regulation 5 of Notification No. FEMA 20/ 2000 – RB dated May 3, 2000, a person resident outside India or an entity incorporated outside India may purchase shares or convertible debentures of an Indian … Continue reading

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