The Reserve Bank of India, through its Notification No. FEMA 13 (R)/2016-RB dated 1st April, 2016, replaced the Foreign Exchange Management (Remittance of Assets) Regulations, 2000 (“Old Remittance Regulations”) with Foreign Exchange Management (Remittance of Assets) Regulations, 2016 (“New Remittance Regulations”). Though, largely the New Remittance Regulations are the same as the Old Remittance Regulations, there are a few changes that need to be highlighted. This article will bring out a detailed comparison of both the Regulations highlighting the additions and deletions.
Articles on "RBI"
Foreign Exchange Management (Remittance of Assets) Regulations, 2016
RBI liberalizes hedging limit for investors to $250,000
Date posted: Wednesday 9 April 2014
Laws:RBI
The Reserve Bank of India has liberalized hedging limit for domestic investors to $250,000 from existing $100,000 on the basis…
RBI notifies final guidelines on bad loans for non-banking finance companies
Date posted: Monday 24 March 2014
Laws:RBI
The Reserve Bank of India (RBI) came out with final guidelines for the non-banking finance companies (NBFCs) with regard to…
RBI gives breather on capital market exposure limit for restructuring
Date posted: Friday 28 February 2014
Laws:RBI
The Reserve Bank of India said if acquisition of equity shares by banks for restructuring companies’ results in exceeding the extant…
RBI allows MSEs to sell stake to foreign investors
Date posted: Tuesday 25 February 2014
Laws:RBI
The Reserve Bank has allowed micro and small enterprises (MSEs) who have de-registered their small scale industry status to sell…