Tag: Foreign Exchange Management Act (FEMA)

RBI directions for Reporting under FDI Scheme on the e-Biz platform

Newsroom24x7 Mumbai: Reserve Bank of India today issued directions to all Category – I Authorised Dealer Banks and informed them that the financial aspects for using the Virtual Private Network (VPN) accounts obtained from National Informatics Centre (NIC) for accessing the e-Biz portal have now been finalised in consultation with Government of India, Department of Industrial Policy

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