TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Notifications
of of All Notifications
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>RBI Amends Forex Regulations: New Para 7-A Permits Non-Residents to Engage in Rupee Repo Transactions.</h1> The Reserve Bank of India issued an amendment to the Foreign Exchange Management (Borrowing and Lending) Regulations, 2018, effective from its publication date in the Official Gazette. This amendment, titled the Foreign Exchange Management (Borrowing and Lending) (Amendment) Regulations, 2019, introduces a new provision, Para 7-A, allowing persons residing outside India to engage in repo or reverse repo transactions in Rupees. These transactions are subject to terms and conditions specified by the Reserve Bank. The definitions of repo and reverse repo are aligned with those in the RBI Act, 1934.
TaxTMI 
TaxTMI 
