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          FEMA

          Item number 3, 4, 5 should be reported in INR LAKH. What does INR LAKH mean?

          Annual Return on FLA - Information Reporting (FLAIR) – Online Web Based Reporting System - As on July 21, 2021

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          Reporting in INR lakh means amounts must be entered in lakhs, ensuring numeric fields reflect units rather than rupee figures. Reporting for the Annual Return on FLA via the FLAIR online system requires amounts to be expressed in INR lakh, meaning values must be entered in units of lakhs of Indian Rupees rather than in rupee units; for example, one lakh fifty thousand rupees is entered as 1.5.
                            Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                              Provisions expressly mentioned in the judgment/order text.

                                  Reporting in INR lakh means amounts must be entered in lakhs, ensuring numeric fields reflect units rather than rupee figures.

                                  Reporting for the Annual Return on FLA via the FLAIR online system requires amounts to be expressed in INR lakh, meaning values must be entered in units of lakhs of Indian Rupees rather than in rupee units; for example, one lakh fifty thousand rupees is entered as 1.5.


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