Fema Pay Dates 2024 India. Key obligations include filing requirements under the foreign exchange management act (fema), such as reporting for the liberalized remittance scheme and external commercial borrowings, and multiple filing and remittance deadlines under the income tax act, 1961, including tds, tcs, and equalization levy deposits. A late submission fee (lsf) was introduced to report instances where there have been delays in transactions related to external commercial borrowings (ecbs), foreign investment (fi) and overseas investment with effect from 7 november 2017, 16 january 2019 and 22 august 2022 respectively.
Rbi released draft foreign exchange management (export and import of goods and services) regulations, 2024 and direction for public response under section 47 of the foreign exchange management act (fema), 1999. This comprehensive guide demystifies fema regulations and explores their impact on foreign investors, covering topics such as entry routes, sectoral caps, debt instruments, and repatriation of funds.
