https://www.taxtmi.com/article/detailed?id=13517 India's capital flows are governed by the Foreign Exchange Management Act, under which the Reserve Bank of India regulates permitted and restricted capital account transactions across FDI, FPI, ECBs and derivatives. The framework preserves partial capital account convertibility, using sectoral limits, approval conditions, capital controls, reserve accumulation and sterilization operations as tools to manage liquidity, exchange rate pressures and volatility while enabling phased liberalisation with safeguards. en-us Tue, 11 Feb 2025 13:06:14 +0530 Tue, 11 Feb 2025 13:06:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=13517 India's capital flows are governed by the Foreign Exchange Management Act, under which the Reserve Bank of India regulates permitted and restricted capital account transactions across FDI, FPI, ECBs and derivatives. The framework preserves partial capital account convertibility, using sectoral limits, approval conditions, capital controls, reserve accumulation and sterilization operations as tools to manage liquidity, exchange rate pressures and volatility while enabling phased liberalisation with safeguards. Articles FEMA - Foreign Exchange Management Tue, 11 Feb 2025 13:06:14 +0530 https://www.taxtmi.com/article/detailed?id=13517