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of <h1>RBI Launches Single Master Form to Simplify Foreign Investment Reporting in India Under FEMA 1999.</h1> The Reserve Bank of India announced the introduction of a Single Master Form (SMF) to streamline the reporting of foreign investments in India. This online form will consolidate existing reporting structures for foreign investments in Indian entities and investment vehicles. Before implementing the SMF, Indian entities must input their total foreign investment data via an interface on the RBI website from June 28 to July 12, 2018. Non-compliance will result in the inability to receive foreign investments. The form's format is provided, and banks are instructed to inform relevant customers. These directions are issued under the Foreign Exchange Management Act, 1999.
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