Fema Act

This was announced by the RBI in the Statement on Developmental and Regulatory Policies of June 2024.

ED searches Cong's Telangana candidate Vivek Venkatswamy in FEMA case probe

The sources said the federal agency is undertaking the searches under the provisions of the Foreign Exchange Management Act (FEMA) in Chennur (Mancherial district) and Hyderabad, they said.

ED initiates FEMA investigation against BBC India; calls its staffers for questioning

According to officials, the case under the provisions of the Foreign Exchange Management Act (FEMA) was registered nearly two weeks ago to essentially probe purported foreign direct investment (FDI) violations by the company and related instances.

ED seizes Rs 5,551 crore from Xiaomi India

The seizures were made in connection with "illegal outward remittances" made to three foreign based entities, the Enforcement Directorate said.

Decoding Enforcement Directorate's stance on cryptocurrency : A long road ahead

Per an ED official, “Since cash has crossed borders, the regulation of the land applies and one must make certain that this cash isn’t low-cost cash (low-interest loan) or soiled cash (employed for unlawful actions)”

FinMin amends FEMA rules on non-debt instruments

Finance Ministry sources say control on capital flows as equity will be exercised by the government in consultation with the Reserve Bank. Sources further add that a list of transactions classifying debt and non-debt transactions will be notified soon.

Regularise branch offices in 3 mths: RBI asks foreign firms

The Reserve Bank today directed all the foreign entities, including non government organisations (NGOs) and news agencies, operating in the country through branch offices to obtain clearance from it within three months under the FEMA Act.