FEMA Disclaimer

We are thankful to the Reserve Bank of India to publish compounding orders on its website. Based on the same, we have prepared our summary for ease of reference. Our purpose of publishing the same in summarised format is to spread awareness and save citizens and business from committing FEMA violations. 

Readers are advised to read compounding orders in light of regulations promulgated by RBI from time to time. Since FEMA is a dynamic law, it is possible that a position taken in a particular order may not be relevant either on account of change in law or subsequent clarification from the regulator. It is thus extremely important that the user applies its own discretion before relying upon any of the orders indexed in this section. In any case, BGSS & Associates holds no responsibility or liability to any person relying upon information published in this portion.