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of <h1>Verification Letter Confirms Registration Details for FLA Reporting via FLAIR System Under FEMA Guidelines as of July 2021</h1> A verification letter is utilized to confirm the details provided by an entity during the registration process. This is part of the Annual Return on Foreign Liabilities and Assets (FLA) reporting, which is conducted through the FLAIR online web-based system. The information pertains to the guidelines as of July 21, 2021, under the Foreign Exchange Management Act (FEMA).
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