The Reserve Bank of India (RBI) has initiated a major regulatory transformation with the release of the Draft Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2025. This landmark reform is set...Read More

The Reserve Bank of India (RBI) has recently announced a significant amendment to the Master Directions on Compounding of Contraventions under FEMA, 1999. This amendment, issued via circular on April 22, 2025, provides relief to...Read More

Introduction With globalization redefining business boundaries, Overseas Investments by Indian entities and individuals have witnessed a steady rise. Whether it’s setting up a wholly owned subsidiary abroad or acquiring shares in a foreign company, such...Read More

On 16th May 2023, Department of Economic Affairs, Ministry of Finance issued a notification making an amendment to the Foreign Exchange Management (Current Account Transactions) Rules, 2000. The notification omitted Rule 7 of the Foreign...Read More

Round-tripping means a combination of transactions involving transfer of money across jurisdictions, eventually resulting in a return to the jurisdiction of origin. Simply, for example, an Indian entity sets up a subsidiary outside in the...Read More