https://www.taxtmi.com/circulars?id=61646 Reserve Bank requires migration of Annual Return on Foreign Liabilities and Assets to a web-based FLAIR portal with entity registration, RBI-issued login credentials, system-driven validation, system-generated acknowledgements, ability to revise and download filings, and provision to submit earlier years on RBI confirmation. The revised form mandates investor-wise direct investment and fiscal-year financial details, broader FATS reporting, and fields for first year of FDI/ODI receipt and disinvestment. Email submission is discontinued and non-compliance will be treated as non-compliance with the Foreign Exchange Management Act, effective immediately for 2018-19. en-us Fri, 28 Jun 2019 00:00:00 +0530 Sat, 29 Jun 2019 12:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=61646 Reserve Bank requires migration of Annual Return on Foreign Liabilities and Assets to a web-based FLAIR portal with entity registration, RBI-issued login credentials, system-driven validation, system-generated acknowledgements, ability to revise and download filings, and provision to submit earlier years on RBI confirmation. The revised form mandates investor-wise direct investment and fiscal-year financial details, broader FATS reporting, and fields for first year of FDI/ODI receipt and disinvestment. Email submission is discontinued and non-compliance will be treated as non-compliance with the Foreign Exchange Management Act, effective immediately for 2018-19. Circulars FEMA Fri, 28 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/circulars?id=61646