Master Direction - Miscellaneous (Updated as on May 13, 2026)
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FEMA miscellaneous directions clarify resident foreign assets, joint NRI accounts, deposit crystallisation, and regularisation of declared overseas assets.
Foreign exchange directions under FEMA consolidate miscellaneous instructions for authorised dealers and authorised persons, covering tax-compliance treatment for remittances, use and reinvestment of eligible foreign assets, joint resident accounts with NRI close relatives, treatment of medical payments for NRI relatives, routing of funds raised abroad, information-sharing with the Special Investigation Team, crystallisation of inoperative foreign currency deposits, IFSC transactions, and regularisation of declared foreign assets under the Black Money Act.