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of <h1>RBI Amends Foreign Exchange Regulations, Updates Annual Return Requirements, Alters Schedule 1, Removes Annex E.</h1> The Reserve Bank of India issued the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) (Eighth Amendment) Regulations, 2014, effective upon publication in the Official Gazette. The amendments modify the Foreign Exchange Management Regulations, 2000, specifically altering Paragraph 9(2) of Schedule 1 to update the requirements for the 'Annual Return on Foreign Liabilities and Assets' report. The amendment replaces the specified form with a version determined by the Reserve Bank from time to time, deletes Paragraph 9(3), and removes Annex E.
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