Annual Return on Foreign Liabilities and Assets Reporting by Indian Companies – Revised format

Annual Return on Foreign Liabilities and Assets: revised reporting format mandates electronic filing and valuation rules.

The circular mandates electronic annual filing of the Annual Return on Foreign Liabilities and Assets by Indian companies receiving or making foreign investments, revises the FLA form to collect Outward FATS data, prescribes valuation methods (market value for listed equity; OFBV for unlisted; nominal value for most debt/claims), details sectioned reporting of liabilities and assets (direct investment, portfolio investment, other investment), defines classification and exchange rate rules, and requires submission in the prescribed format to the designated e-mail address, while preserving confidentiality and noting regulatory amendment under the Transfer or Issue of Security Regulations.