https://www.taxtmi.com/highlights?id=81237 This text provides instructions and regulations related to overseas investment transactions under India's Foreign Exchange Management Act (FEMA). Key points include: Late submission fees (LSF) matrix for delayed reporting of various overseas investment forms/returns. Fees calculated based on amount involved and years of delay. Maximum 3 years allowed for LSF payment option. Restrictions on further financial commitments if reporting delays exist. Prohibitions on transactions with entities engaged in certain activities or located in specified countries/jurisdictions. Limits on financial commitments through overseas direct investment (ODI), debt, guarantees, pledges/charges. Regulations for ODI in financial services sector. Provisions for over..... en-us Wed, 11 Sep 2024 20:31:24 +0530 Wed, 11 Sep 2024 20:31:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=81237 This text provides instructions and regulations related to overseas investment transactions under India's Foreign Exchange Management Act (FEMA). Key points include: Late submission fees (LSF) matrix for delayed reporting of various overseas investment forms/returns. Fees calculated based on amount involved and years of delay. Maximum 3 years allowed for LSF payment option. Restrictions on further financial commitments if reporting delays exist. Prohibitions on transactions with entities engaged in certain activities or located in specified countries/jurisdictions. Limits on financial commitments through overseas direct investment (ODI), debt, guarantees, pledges/charges. Regulations for ODI in financial services sector. Provisions for over..... Highlights FEMA Wed, 11 Sep 2024 20:31:24 +0530 https://www.taxtmi.com/highlights?id=81237