Browse Category

RBI & FEMA - Page 2

Some Important Relief Measures in view of COVID-19

by
April 4, 2020
··
In order to give effect to the announcements made by the Union Finance Minister vide Press Release dated 24.03.2020, regarding several relief measures relating to statutory and regulatory compliance matters across sectors in view of COVID-19 outbreak, the govt has brought in an Ordinance on 31.03.2020 which provides for extension of various time limits under the Taxation and Benami Acts.
·

ECB for startups to be allowed

[Source: www.thehindubusinessline.com] Overseas loans at lower rates may help start-ups stay afloat In a bid to give a further impetus to the growing start-up ecosystem in the country, the RBI has allowed them to raise up to $3 million a year through external commercial borrowings (ECBs). In his first Monetary

Summary of Important Recent Circulars from RBI in August 2008

September 26, 2008
A.P. (DIR Series) Circular No. 5 dated August 6, 2008. Guidelines on trading of Currency Futures in Recognised Stock/New Exchanges This circular permits persons resident in India to participate in the currency futures market in India subject to the RBI guidelines contained in the Currency Futures (Reserve Bank Directions, 2008).
Read More
1 2
GoUp