Indian shares set to open higher ahead of central bank policy decision
Indian shares are set to open higher on Friday, ahead of the Reserve Bank of India's (RBI) monetary policy decision, in which the central bank is widely expected to cut interest rates to support ...
Tax Guru1d
FEMA Regulations Amended for Forex Violation Settlement
Will the Minister of FINANCE be pleased to state: (a) whether the Government has amended the FEMA regulations to allow the settlement of cases of foreign exchange violations while paying a penalty of ...
Budget 2025 | GIFT City insurance and endowment plans are now tax-free for NRIs. What about for resident Indians?
Budget 2025 has introduced a potentially game-changing tax arbitrage for unit-linked insurance policies and endowment plans ...
Tax Guru1d
Establishment of Project Office in India: Process & Requirements
However, if the foreign entity intends to set up a business for a specific purpose or for a defined period to undertake operations, it may opt to establish a project office. With the rise of startups ...
Bid to attract foreign investors: FEMA rules to be eased further, says DEA Secretary
The finance ministry and RBI are collaborating to simplify foreign exchange rules, particularly for non-debt instruments, to ...
Zawya9d
India's bond yields ease after RBI's liquidity measures: IFR
The central bank said it will hold open market operations for up to Rs600bn (US$6.93bn) in three tranches of Rs200bn each on January 30, February 13 and February 20 ...
Foreign controlled companies in India can use stocks to buy stakes in local companies
The RBI has issued new guidelines allowing foreign-owned or controlled companies in India to buy and swap shares with local ...
Foreign firms in India can now use stock swaps to acquire local companies: Report
An FOCC is defined as a company where foreign ownership exceeds 50 percent, or where foreign entities exert control through management rights or board representation.
cnbctv1820d
RBI takes steps to boost rupee in global trade, allows banks to open INR A/Cs overseas for NRIs
In a significant push to enhance the global usage of the Indian Rupee (INR) and local currencies for cross-border transactions, the Reserve Bank of India (RBI) has liberalised key regulations under ...
moneycontrol.com20d
FEMA changes may bolster Rupee, say analysts
On Thursday, the RBI proposed several key changes to the Foreign Exchange Management Act (FEMA) rules to provide greater flexibility for Indian exports and global traders to settle their ...
The Hindu20d
RBI announces steps to encourage cross-border transactions in Indian rupee
RBI further said Indian exporters will be able ... in INR and local/national currencies follows a review of the FEMA regulations of 1999 undertaken by the Reserve Bank in consultation with the ...
The Week21d
RBI announces steps to encourage cross-border transactions in Indian rupee
RBI further said Indian exporters will be able to open accounts ... The decision on promotions of cross border transactions in INR and local / national currencies follows a review of the FEMA ...