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of <h1>RBI Ends Submission of Certain R-Return Documents; Transition to Electronic Reporting Under FEMA 1999.</h1> The Reserve Bank of India has announced the discontinuation of the submission of specific documents, statements, and schedules related to R-Returns by authorized dealers in foreign exchange, effective from early February 2003. This change coincides with the transition to the Electronic Reporting System, FET-ERS Version 5.0. However, dealers must continue submitting hard copies of the R-Return cover pages (NOSTRO and VOSTRO) alongside the electronic submissions. These instructions are issued under the Foreign Exchange Management Act, 1999. The circular details the previous requirements for various forms and schedules that are no longer necessary.
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