CIRCULAR ON LATE SUBMISSION FEE FOR REPORTING DELAYS UNDER FOREIGN EXCHANGE MANAGEMENT ACT, 1999 (FEMA)
The Reserve Bank of India has issued a circular on Late Submission Fee (LSF) for reporting delays under Foreign Exchange Management Act, 1999 (FEMA) on 30th September, 2022. The LSF is applicable for submissions made on or after the said date. LSF laid by RBI for reporting delays in Foreign Investment (FI), External Commercial Borrowings […]