https://www.taxtmi.com/circulars?id=52197 AD Category I banks must submit monthly Liberalised Remittance Scheme data exclusively via the Reserve Bank's Online Returns Filing System, uploading each month's data by the fifth day of the following month; where no transactions occur, banks must upload nil figures. Hard copy monthly statements are no longer required. Banks should access ORFS via the prescribed secure URL and may direct procedural queries to the provided contact channels. These directions are issued under the Foreign Exchange Management Act and are without prejudice to other statutory permissions. en-us Thu, 23 May 2013 00:00:00 +0530 Thu, 23 May 2013 15:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=52197 AD Category I banks must submit monthly Liberalised Remittance Scheme data exclusively via the Reserve Bank's Online Returns Filing System, uploading each month's data by the fifth day of the following month; where no transactions occur, banks must upload nil figures. Hard copy monthly statements are no longer required. Banks should access ORFS via the prescribed secure URL and may direct procedural queries to the provided contact channels. These directions are issued under the Foreign Exchange Management Act and are without prejudice to other statutory permissions. Circulars FEMA Thu, 23 May 2013 00:00:00 +0530 https://www.taxtmi.com/circulars?id=52197