https://www.taxtmi.com/circulars?id=54552 Reserve Bank will publicly host compounding orders on its website and publish the guidance note used to compute amounts under section 13 of FEMA. The guidance prescribes a fixed-plus-variable computation matrix for categories of contraventions, sets ceilings (including a 300% cap and interest-based limits for small contraventions), provides graded multipliers for certain cases, allows neutralisation of undue gains, trebling in specified guarantee reinvestment situations, and enhancement for repeat contraventions; procedural rounding and office-specific ceilings are explained and illustrative calculations are appended. en-us Thu, 26 May 2016 00:00:00 +0530 Thu, 26 May 2016 18:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=54552 Reserve Bank will publicly host compounding orders on its website and publish the guidance note used to compute amounts under section 13 of FEMA. The guidance prescribes a fixed-plus-variable computation matrix for categories of contraventions, sets ceilings (including a 300% cap and interest-based limits for small contraventions), provides graded multipliers for certain cases, allows neutralisation of undue gains, trebling in specified guarantee reinvestment situations, and enhancement for repeat contraventions; procedural rounding and office-specific ceilings are explained and illustrative calculations are appended. Circulars FEMA Thu, 26 May 2016 00:00:00 +0530 https://www.taxtmi.com/circulars?id=54552