Regulators are examining overseas investments by Indian companies. The Reserve Bank of India is seeking details on the purpose and structur...

In multiple cases, individuals have used dozens of fake permanent account numbers (PANs) with the same name but different addresses and dat...

In recent times many resident individuals, banking with various financial institutions, have used cards to carry out international capital ...

To control random money outflows, Indian banks are now demanding specific reasons for overseas fund transfers. They are discouraging the us...

Rich Indian families face hurdles in gifting overseas wealth to their children. The Reserve Bank of India is scrutinizing the practice of g...

The RBI has significantly eased FEMA regulations by capping penalty amounts for violations at Rs 2 lakh, a substantial reduction from the p...

Banks are increasingly blocking fund transfers from family trusts to non-resident beneficiaries, suspecting attempts to bypass RBI's gift l...

The Indian tax office plans to warn multinational corporations about the risks employees face if they do not disclose their stock options. ...

The Reserve Bank of India demands government approval for offering Esops to employees in countries sharing a land border with India, per Pr...

Big bettors are questioning WazirX, the cryptocurrency exchange facing insolvency in Singapore after a major crypto heist. Two large invest...

The Reserve Bank of India is scrutinizing large write-offs of overseas investments by several companies, suspecting these might not be genu...

HNIs invest in 'SAFEs' in foreign startups, sidestepping RBI and FEMA regulations. Attracted by potential returns and simpler compliance, t...

Navigating property purchases in Dubai can be a regulatory maze for Indians due to foreign exchange laws. Deals offering easy payment plans...

Unlike direct purchase of cryptos, investing in an ETF is subscribing to units or securities issued by a regulated fund --- a feature that ...

The age-old mechanism of placing exporters who fail to bring in foreign exchange in time on the 'caution list' may be examined. An internal...

India has widened the ambit of its anti-money laundering laws, which now include transactions that are executed by professionals, such as c...

Several companies, according to banking circles, are unable to make fresh financial commitments to their offshore arms after the central ba...