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FAQ’s_ Annual Return on Foreign Liabilities and Assets(FLA)

1. Which entities are required to submit the FLA Return? The annual return…

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FEMA Relief by RBI: Predictable Penalties, Streamlined Compliance

On April 24, 2025, the Reserve Bank of India (RBI) issued A.P. (DIR…

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Bonus Shares in No-Go Zones? DPIIT Clears the Air on FDI-Restricted Sectors

OverviewOn April 7, 2025, the Department for Promotion of Industry and Internal Trade…

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Online Filing of Applications through PRAVAAH Portal to be mandatory from May 1, 2025

In a significant move towards digitization and efficiency, the Reserve Bank of India…

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Impact of Proposed Draft Import/ Export Framework

The Reserve Bank of India (RBI) with a view to liberalise the Import/…

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Remittances to IFSCs under Liberalised Remittance Scheme (LRS)

Remittances to International Financial Services Centres (IFSCs) under the Liberalised Remittance Scheme (LRS)…

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