by Mukesh Bansal | Feb 5, 2022 | Digital Economy
RBI warns against use of LRS scheme by individuals for forex trading on unauthorized platforms. Country central bank RBI has warned people undertaking transaction for the purpose other than those permitted under the Foreign Exchange Management Act, (FEMA) or on...
by Mukesh Bansal | Feb 4, 2022 | FEMA
RBI clarifications under Foreign Exchanges Management Act (FEMA) for start-ups for issues of shares against legitimate payments owed by start-ups and accepting payments by foreign subsidiaries of such start-ups against export and other dues. As announced in sixth Bi...