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    <description>Delay in submitting overseas investment evidence or making required filings may be regularised by a person resident in India through submission or filing with Late Submission Fee. The Reserve Bank determines the applicable period, rates, and manner, while the facility is limited to three years from the relevant due date. Delayed compliance obligations arising before publication of the 2022 Regulations may also be regularised, including payment of Late Submission Fee for filings already made, within three years from publication.</description>
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