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REVISED FEMA RULES
FEMA rules revision: Exporters flag at least half-a-dozen worriesIndian exporters are urging the Reserve Bank of India to reconsider revised FEMA regulations, citing potential disruptions to trade and liq...- Outward remittances: NBFCs don't need prior RBI nod for dealer tie-upsThe framework shifts regulatory focus away from ex-ante approvals toward compliance, transparency and consumer protection obligations at re...
- NRIs returning to India: 6 tax mistakes that can haunt you years later & how to avoid themReturning Indians face significant tax challenges, often experiencing 'return shock' due to complex rules on residency, overseas income, an...
- Entities in Bangladesh, Bhutan, Nepal can directly buy coal from CILCoal India Limited will now allow buyers from Bangladesh, Bhutan, and Nepal to directly bid in its online coal auctions. This change begins...
- Coal India shares rally 7% to hit fresh 52-week high on permitting direct foreign participation in coal e-auctionsCoal India shares surged to a 52-week high after announcing that foreign buyers from Bangladesh, Bhutan, and Nepal can directly participate...
- Overseas borrowing may soon get easier and cheaper for Indian companies"Based on the review, a revised framework that provides for expansion of eligible borrower and recognised lender base, rationalisation of b...
- ED to focus on checking money laundering through online gaming following govt banThe federal agency will also ensure the timely filing of charge sheets and pursue the "fast tracking" of trials in money laundering cases. ...
- Gifts gone wrong: RBI rains on rich Indians' offshore paradeRich Indian families face hurdles in gifting overseas wealth to their children. The Reserve Bank of India is scrutinizing the practice of g...
- Compounding rules eased to speed up FEMA casesThe finance ministry has raised monetary limits for compounding contraventions under FEMA and introduced electronic payment options. Cases ...
- Finance Ministry modifies compounding rules for offences under FEMAThe Finance Ministry has updated the compounding rules under FEMA, increasing monetary limits for adjudications by RBI officials and enabli...
- Large international banks ask many Indian HNIs to close accountsTwo British banks, a Swiss lender, and an Emirates institution severed ties with over two dozen Indians in the last two months. These indiv...
- FDI rules may affect 50% of Amazon, Flipkart businessesChange in laws may force e-commerce majors to take a huge hit on their sales in the interim.
- APPENDIX 7: Sectors falling under Approval and Automatic Route for FDI in IndiaThese limits were last updated on July 8, 2016. For any revision confirmation, check with Department of Industrial Promotion (DIPP), Minist...
- Tata-Docomo row not likely to hit Indo-Japan tiesThe Japanese are also financing in loans India’s first high-speed fast train worth `98,000 crore, between Mumbai and Ahmedabad. It is expec...
- Need quick action to curb fraud: Raghuram RajanRajan said cases will be pursued both by the central bank and investigative agencies to the "ultimate conclusion" to ensure that guilty are...
- Student heading abroad? 3 remittance rules to knowIt’s that time of the year when students from India head to various parts of the world to earn that coveted international degree.
- Govt to release revised FDI policy on ThursdayThe government will release the revised consolidated FDI policy paper, a ready reckoner on foreign investment related regulations on Thursd...
- Now on, FDI policy to be updated every six monthsThe government on Thursday promised to bring out an updated FDI policy every six months as it unveiled a comprehensive press note consolida...
- Wheat MSP hiked by Rs 20/qtlThe government has announced an increase in procurement price for wheat, barley, gram and safflower.
- Mauritius to finalise tax treaty by DecAfter tightening of tax residency certificate norms, Mauritius may put in place more such procedures by December to address India’s concern...
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