Tag: foreign exchange
September 18, 2024
Corporate Law | General Corporate Advisory
Corporate Law | General Corporate Advisory
The Compound Effect of the New FEMA Compounding Rules
Pursuant to the commitments made during the announcement of the Union Budget 2024-25, the Department of Economic Affairs of the Ministry of Finance, notified the Foreign Exchange (Compounding Proceedings) Rules, 2024 on September 12, 2024 ("Rules") pursuant to Section 46 of the Foreign Exchange Management Act, 1999. ......
August 21, 2024
Corporate Law | General Corporate Advisory
Corporate Law | General Corporate Advisory
Foreign Exchange Management (Non-debt Instruments) (Fou...
Earlier this year, the Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman, in her budget speech announced the intent to simplify the regulatory framework governing Foreign Direct Investments ("FDI") and Overseas Investments ("OI"). ......