Register Daily Newsletters My Bookmarks My Queries (D. Forum) My Replies (D. Forum) My Articles My Inbox (PM) Feedback/ Suggestions
Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding

   For Sales / Support:
WhatsApp WhatsApp 9911796707
Case Laws Acts Notifications Circulars Classification Forms Manuals Articles News D. Forum Highlights Notes
TMI - e-Newsletter     TaxTMI    Delayed generation of Draft GSTR-2B for December...     TaxTMI    Court Rules Solar Power System Not a Works Contract...     TaxTMI    ITAT Invalidates TPO's ALP Adjustment for...     TaxTMI    AAR Lacks Jurisdiction on Duty Drawback for MOOWR...     TaxTMI    Supreme Court: Non-Disclosure in Tax Returns Isn't...     TaxTMI    Interest on enhanced land compensation is taxable...     TaxTMI    CESTAT Upholds Confiscation of Seized Gold;...     TaxTMI    IBBI mandates eBKray platform for all asset...     TaxTMI    High Court Halts Cheque Bounce Cases During IBC...     TaxTMI    High Court: Directors Liable u/s 138 of Negotiable...     TaxTMI    Court Rules AO Needs Evidence, Not Allegations, to...     TaxTMI    High Court Invalidates Assessment Orders for...     TaxTMI    High Court Quashes GST Assessment Order for Denying...     TaxTMI    Input Tax Credit Denied for Motor Vehicles Seating...     TaxTMI    Government Educational Institute Granted Tax...     TaxTMI    Latest Case-Laws     TaxTMI    Latest Notifications + Circulars     TaxTMI    GST Council Decisions     TaxTMI       Right Stop
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
FEMA - Highlights / Catch Notes

Home Highlights January 2025 Year 2025 This

RBI amended Foreign Exchange Management (Deposit) Regulations, ...


RBI eases fund transfers between repatriable rupee accounts, allows SNRR accounts.

January 17, 2025

Notifications     FEMA

RBI amended Foreign Exchange Management (Deposit) Regulations, 2016 permitting transfer of funds between repatriable Rupee accounts for bona fide transactions. It allowed opening of Special Non-Resident Rupee Account (SNRR) by persons outside India with authorised dealers or their foreign branches for current, capital account transactions with Indian, foreign residents. SNRR account tenure made concurrent to contract/business period. IFSC units permitted to open SNRR accounts with Indian banks outside IFSCs.

View Source

 

← Previous Next →

 

You may also like:

  1. Foreign Exchange Management (Deposit) Regulations, 2016 - Opening of NRO Accounts by Long Term Visa (LTV) holders, changes related to Special Non-Resident Rupee (SNRR)...

  2. Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 - Notification

  3. The RBI amended the Foreign Exchange Management (Mode of Payment and Reporting of Non-Debt Instruments) Regulations, 2019, revising provisions related to mode of payment...

  4. Unexplained investment u/s 69 - wire transfer from NRE account - assessee is a non-resident - transfer from the account of the assessee’s son, who is also a resident of...

  5. Non-resident Rupee Accounts – Review of Policy - scope of SNRR Account extended by permitting person resident outside India to open such account for specific purposes. -...

  6. Tax Incentives to International Financial Services Centre - (i) Time limit for exemption on Transfer of assets of the original fund, or its wholly owned SPV to a...

  7. Banking and Other Financial Services - remuneration received from RBI in relation to PPF management - There is no discretion for the appellant in handling the funds...

  8. Delay in deposit made to the employees Provident fund and ESIC - such sums were not credited by the respective assessee to the employees 'accounts in the relevant fund...

  9. Transfer of utilisation of CENVAT credit - the manufacturer is allowed transfer of cenvat credit lying un-utilized in his accounts, to such, transferred, sold, merged,...

  10. Revision u/s 263 by CIT - the observations of PCIT are factually correct as there were deposit/fund transfers (including fund transfers from Anika Universal Pvt. Ltd.)...

  11. Refunds to claimants from Fund. - Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 - Rule 7 as amended

  12. Taxability in hands of society - fund transferred to ‘Distribution Pool Fund Account’ it is not taxable in the hands of the Society. - SC

  13. Tax residency certificate and Global Business License-I held by assessee investment fund incorporated in Mauritius as subsidiary of another Mauritian company....

  14. Scope of total income - Exclusion of amount transferred to special reserve - That special reserve belongs to the assessee only and is reserved for utilization in certain...

  15. Transfer of Funds from Non-Resident Ordinary (NRO) account to Non- Resident External (NRE) Account. - Cir. No. 117 Dated: May 7, 2012

 

Quick Updates:Latest Updates

What's New:
    Latest Case Laws
What's New:
    Latest Notifications
What's New:
    Latest Circulars
F: Vendor Seeks 6% GST Differential; Payer Liable u/s 9(1) of CGST Act; I...
H: Inherent cross-empowerment of State/UT GST officers u/s 6(1) CGST Act.
H: Procedural lapses without fraud don't warrant harsh GST penalties: HC.
H: Importer's classification of electric tricycle parts upheld, duty bene...
H: NCLAT Allows Unwinding IFIN Loans, Except for Respondents 8-12; Claims...
A: U.S. export controls on AI chips open doors for India in semiconductor...
H: Revised RBI norms allow foreign inward remittances for equity, FPI, LL...
H: RBI eases fund transfers between repatriable rupee accounts, allows SN...
H: Customs tariff values revised for edible oils, metals, areca nuts w.e....
H: New Sea Cargo Manifest Rules deferred till 31-3-2025 for most ports.
F: Amendment in shipping Bill
H: Virochannagar, Ahmedabad Designated as Inland Container Depot for Impo...
A: Finance Minister Announces Overhaul of Income Tax Act for 2025 to Simp...
A: Companies Act 2013 mandates online disclosure of key info for transpar...
A: Delhi High Court Rules Telecom Towers as Movable Property, Eligible fo...
A: India's Denied Entity List Blocks Exports for Security and Compliance;...
A: India's Apparel Exports Thrive on Skilled Labor and Innovation, Eyeing...
A: India's T&T System Ensures Safe Pharma Exports with Serialization, QR ...
A: India's Companies Act Section 135: CSR Now Mandatory, Transforming Bus...
H: Reassessment notice quashed due to low income, lack of approval u/s 151.
H: Assessee's appeal allowed, matter remanded to CIT(A) for fresh adjudic...
H: CBIC appeal dismissed: MIMO Wireless Access Points exempt under Custom...
H: Delay in filing land acquisition appeals beyond 120 days cannot be con...
H: High Court denies full demand stay, directs 20% payment in installments.
H: Deduction u/s 80IA allowed for infrastructure development activities.
F: 16(5) benefit if appeal filed-how to take
F: Debate on Definition of "Benefits" Under GST Act Section 132: Impact o...
A: Enforcement Directorate's appeal dismissed: Insufficient evidence in u...
A: India's Economy to Grow at 6.4% in FY 2025; SC Stays GST on Online Gam...
A: Indian Chemical Exports: Key Player in Global Supply Chains, Future Hi...