FEMA reporting framework standardises returns, forms and timelines for foreign exchange transactions, investment, borrowing, guarantees and compliance. Consolidates the Reserve Bank's reporting framework under FEMA, 1999 for authorised persons, covering prescribed returns, forms, registers and submission timelines across remittance facilities, money changing activity, money transfer service scheme, rupee drawing arrangements, liberalised remittance scheme, foreign investment, overseas investment, foreign borrowing and lending, non-resident accounts, immovable property, guarantees, compounding, licensing of NBFCs as authorised dealer category-II, and the late submission fee matrix. The direction is intended to ensure accurate compilation, timely reporting and supervisory monitoring of foreign exchange transactions.
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FEMA reporting framework standardises returns, forms and timelines for foreign exchange transactions, investment, borrowing, guarantees and compliance.
Consolidates the Reserve Bank's reporting framework under FEMA, 1999 for authorised persons, covering prescribed returns, forms, registers and submission timelines across remittance facilities, money changing activity, money transfer service scheme, rupee drawing arrangements, liberalised remittance scheme, foreign investment, overseas investment, foreign borrowing and lending, non-resident accounts, immovable property, guarantees, compounding, licensing of NBFCs as authorised dealer category-II, and the late submission fee matrix. The direction is intended to ensure accurate compilation, timely reporting and supervisory monitoring of foreign exchange transactions.
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