RBI approval for holding assets under Black Money Act

RBI approval for holding assets under Black Money Act Reserve Bank has issued the Foreign Exchange Management (Regularization of assets held abroad by a person resident in India) Regulations, 2015 notified though Notification No. FEMA 348/2015-RB dated September 25, 2015 vide G.S.R. No. 738 (E) dated September 25, 2015. Accordingly, it is clarified that: a) … Continue reading RBI approval for holding assets under Black Money Act