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 has introduced a potentially game-changing tax arbitrage for unit-linked insurance policies and endowment plans ...

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 ...

The finance ministry and RBI are collaborating to simplify foreign exchange rules, particularly for non-debt instruments, to ...

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 ...

The RBI has issued new guidelines allowing foreign-owned or controlled companies in India to buy and swap shares with local ...

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.

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 ...

Emergency movie review: Fine acting performances, led by Kangana Ranaut, salvage this film, but only barely, as a week script lets it down. Emergency movie review: Kangana Ranaut plays former PM ...

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 RBI is evaluating Tata Sons' application for de-registration as an NBFC. Tata Sons aims to avoid listing by reducing its debt and declassifying as an NBFC-core investment company. RBI rules ...

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 ...