https://www.taxtmi.com/circulars?id=70336 Reporting requirements under FEMA, 1999 are rationalised by prescribing revised return formats and discontinuing several existing forms and statements. The revised FLM-8 format now captures write-off of foreign currency notes, while prior approval for write-off exceeding USD 2000 is discontinued and entities reporting through FETERS are exempted from FLM-8. Authorised Persons with franchisee arrangements and Indian Agents under MTSS must submit quarterly lists within 15 days from quarter end. en-us Wed, 24 Jun 2026 00:00:00 +0530 Thu, 25 Jun 2026 10:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=70336 Reporting requirements under FEMA, 1999 are rationalised by prescribing revised return formats and discontinuing several existing forms and statements. The revised FLM-8 format now captures write-off of foreign currency notes, while prior approval for write-off exceeding USD 2000 is discontinued and entities reporting through FETERS are exempted from FLM-8. Authorised Persons with franchisee arrangements and Indian Agents under MTSS must submit quarterly lists within 15 days from quarter end. Circulars FEMA Wed, 24 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/circulars?id=70336