Will the Minister of FINANCE be pleased to state: (a) whether the Government has amended the FEMA regulations to allow the settlement of cases of foreign exchange violations while paying a penalty of ...

However, if the foreign entity intends to set up a business for a specific purpose or for a defined period to undertake operations, it may opt to establish a project office. With the rise of startups ...

The decision on promotions of cross-border transactions in rupee and local/national currencies of other countries follows a review of the Fema regulations of 1999 undertaken by the RBI in ...