Madras HC: Police Superintendent not Liable For IO’s Delay In Filing Chargesheet or Closure Report || Supreme Court: Provident Fund Dues Have Priority over a Bank’s Claim under the SARFAESI Act || SC Holds Landowners Who Accept Compensation Settlements Cannot Later Seek Statutory Benefits || Supreme Court: Endless Investigations and Long Delays in Chargesheets Can Justify Quashing || Delhi HC: Arbitrator Controls Evidence and Appellate Courts Cannot Reassess Facts || Delhi HC: ED Can Search Anyone Holding Crime Proceeds, not Just Those Named in Complaint || Delhi HC: ED Can Search Anyone Holding Crime Proceeds, not Just Those Named in Complaint || Delhi HC: Economic Offender Cannot Seek Travel Abroad For Medical Treatment When Available In India || SC: Governors and President Have No Fixed Timeline To Assent To Bills; “Deemed Assent” is Invalid || SC: Assigning a Decree For Specific Performance of a Sale Agreement Does Not Require Registration

Compilation of R-Returns: Reporting under FETERS- (Reserve Bank of India) (11 Feb 2016)

MANU/APDR/0012/2016

Banking

The Reserve Bank of India notified modifications to guidelines for submission of data under the Foreign Exchange Transactions Electronic Reporting System. The amendments are applicable to transactions taking place from 1 April, 2016. Among other changes, email-based submission will be replaced by web-portal based data submission details to log into which will be provided by the RBI. Transactions relating to Liberalised Remittance Scheme may be reported under FETERS purpose codes specified instead of reporting collectively under the purpose code S0023.

Relevant : Compilation of R-Returns: Reporting under FETERS MANU/APDR/0037/2012

Tags : FETERS ONLINE REMITTANCE REPORTING PURPOSE CODE

Share :