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  • New Procedure for filing Annual Return on Foreign Liabilities & Assets

    New Procedure for filing Annual Return on Foreign Liabilities & Assets

    Reserve Bank of India (“RBI”) vide its Circular No.37 dated June 28, 2019, discontinued the existing practice of submission of annual returns on Foreign Liabilities and Assets (FLA) through email to RBI by July 15 of every year. RBI has

  • Regulatory update: SEBI - Overseas Investment by Alternate Investment Funds (AIFs)/ Venture Capital Funds (VCFs)

    Regulatory update: SEBI - Overseas Investment by Alternate Investment Funds (AIFs)/ Venture Capital Funds (VCFs)

    SEBI vide circular no. SEBI/HO/IMD/DF1/CIR/2018/103/2018 dated 3 July 2018 with the consultation of the Reserve Bank of India (RBI) has decided to enhance the limit from USD 500 (five hundred) million to USD 750 (Seven Hundred Fifty) million, in terms

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