https://www.taxtmi.com/highlights?id=100556 AD Category-I banks must shift two FEMA reporting requirements to the CIMS portal from June 30, 2026. The consolidated monthly statement of all BOs, LOs and POs opened and closed during the month is to be filed on CIMS under return code R343, and a NIL report must be uploaded if no data is available. The monthly statement on the number of applicants and total amount remitted from NRO accounts is also moved to CIMS under return code R006. The Master Direction on reporting under FEMA, 1999 will be updated to reflect these changes. en-us Sat, 06 Jun 2026 19:51:28 +0530 Sat, 06 Jun 2026 19:51:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=100556 AD Category-I banks must shift two FEMA reporting requirements to the CIMS portal from June 30, 2026. The consolidated monthly statement of all BOs, LOs and POs opened and closed during the month is to be filed on CIMS under return code R343, and a NIL report must be uploaded if no data is available. The monthly statement on the number of applicants and total amount remitted from NRO accounts is also moved to CIMS under return code R006. The Master Direction on reporting under FEMA, 1999 will be updated to reflect these changes. Highlights FEMA Sat, 06 Jun 2026 19:51:28 +0530 https://www.taxtmi.com/highlights?id=100556