FOREIGN EXCHANGE MANAGEMENT

With the transition to a market-based system for determining the external value of the Indian rupee the foreign exchange market in India gained importance in the early reform period.

Withdrawn with effect from November 16, 2021, February 18, 2022, May 02, 2022, May 13, 2022, May 21, 2024, July 12, 2024 & October 01, 2024

Dec 22, 2023
Trade Credit for imports into India – Submission of return on issuance of bank guarantees for Trade Credits on the Centralised Information Management System (CIMS)PDF - Trade Credit for imports into India – Submission of return on issuance of bank guarantees for Trade Credits on the Centralised Information Management System (CIMS)
Jun 09, 2022
Discontinuation of Return under Foreign Exchange Management Act, 1999PDF - Discontinuation of Return under Foreign Exchange Management Act, 1999
Jul 07, 2016
Discontinuation of Reporting of Bank Guarantee on behalf of service importersPDF - Discontinuation of Reporting of Bank Guarantee on behalf of service importers
Jan 04, 2016
Directions - Compounding of Contraventions under FEMA, 1999 dated October 01, 2024 (Supersedes Master Direction- Compounding of Contraventions under FEMA, 1999, (Updated as on May 24, 2022))PDF -  Directions - Compounding of Contraventions under FEMA, 1999 dated October 01, 2024  (Supersedes  Master Direction- Compounding of Contraventions under FEMA, 1999, (Updated as on May 24, 2022))
Jul 16, 2015
Foreign Investment in India by Foreign Portfolio InvestorsPDF - Foreign Investment in India by Foreign Portfolio Investors
Jul 01, 2015
Master Circular on Foreign Investment in IndiaPDF - Master Circular on Foreign Investment in India
Master Circular on Memorandum of Instructions governing money changing activitiesPDF - Master Circular on Memorandum of Instructions governing money changing activities
Master Circular on Miscellaneous Remittances from India – Facilities for ResidentsPDF - Master Circular on Miscellaneous Remittances from India – Facilities for Residents
Master Circular on Memorandum of Instructions for Opening and Maintenance of Rupee/ Foreign Currency Vostro Accounts of Non-resident Exchange HousesPDF - Master Circular on Memorandum of Instructions for Opening and Maintenance of Rupee/ Foreign Currency Vostro Accounts of Non-resident Exchange Houses
Master Circular on Money Transfer Service SchemePDF - Master Circular on Money Transfer Service Scheme
Master Circular on Remittance Facilities for Non-Resident Indians / Persons of Indian Origin / Foreign NationalsPDF - Master Circular on Remittance Facilities for Non-Resident Indians / Persons of Indian Origin / Foreign Nationals
Master Circular on Import of Goods and ServicesPDF - Master Circular on Import of Goods and Services
Master Circular on Acquisition and Transfer of Immovable Property in India by NRIs/PIOs/Foreign Nationals of Non-Indian OriginPDF - Master Circular on Acquisition and Transfer of Immovable Property in India by NRIs/PIOs/Foreign Nationals of Non-Indian Origin
Master Circular on Non-Resident Ordinary Rupee (NRO) AccountPDF - Master Circular on Non-Resident Ordinary Rupee (NRO) Account
Master Circular on Compounding of Contraventions under FEMA, 1999PDF - Master Circular on Compounding of Contraventions under FEMA, 1999
Master Circular on Establishment of Liaison / Branch / Project Offices in India by Foreign EntitiesPDF - Master Circular on Establishment of Liaison / Branch / Project Offices in India by Foreign Entities
Master Circular on Direct Investment by Residents in Joint Venture (JV) / Wholly Owned Subsidiary (WOS) AbroadPDF - Master Circular on Direct Investment by Residents in Joint Venture (JV) / Wholly Owned Subsidiary (WOS) Abroad
Master Circular on External Commercial Borrowings and Trade CreditsPDF - Master Circular on External Commercial Borrowings and Trade Credits
Jan 06, 2015
Non-resident guarantee for non-fund based facilities entered between two resident entitiesPDF - Non-resident guarantee for non-fund based facilities entered between two resident entities
Jul 01, 2014
Master Circular on Compounding of Contraventions under FEMA, 1999PDF - Master Circular on Compounding of Contraventions under FEMA, 1999

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