Article
Master Direction On Compounding Of Contraventions Under FEMA, 1999
The Reserve Bank of India (RBI), in alignment with the recently notified Foreign Exchange (Compounding Proceedings) Rules, 2024, has issued the Master Direction – Compounding of Contraventions under FEMA, 1999, vide notification no. RBI/FED/2025-26/135 dated April 22, 2025, and further amended the same via A.P. (DIR Series) Circular No. 04/2025-26 dated April 24, 2025.
Corporate Professionals - Advisors & Advocates