SC: Courts Must Curb Unlicensed Money Lenders; Probes Need Not Wait For New Law  ||  SC: Gratuity May be Withheld While Criminal or Disciplinary Proceedings are Pending Against Employee  ||  SC: Weapon Recovery Useless Without Proof Linking it to Crime under Section 27 Evidence Act  ||  SC: Fines Also Run Concurrently When Sentences For Multiple Offences Run Concurrently  ||  SC Dissolves 10-Year Estranged Marriage, Quashes 80+ Cases in 'Matrimonial Mahabharata' Dispute  ||  SC: Board Resolution Signature Alone Doesn’t Prove Director’s Knowledge of Company Affairs  ||  Raj HC: Industrial Tribunal Allowing Workman Legal Representation But Denying Employer is Unequal  ||  Karnataka HC: Service Bonds Enforceable on Students With Subsidised Education, Not Bonded Labour  ||  Gauhati HC: Challenge to Marks Barred by Constructive Res Judicata When Party Accepts Limited Remand  ||  SC: Cheque Dishonour Complaint Can't be Quashed Pre-Trial if Sec 138 NI Act Conditions Met    

Search Results for Tag : Foreign Currency

News

RBI Allows Firms having Forex Exposure to Book Forex Forward and Foreign Currency(09.10.2015)

RBI has allowed all resident individuals, firms and companies, who have actual or anticipated foreign exchange exposures, to book foreign exchange for.....

Tags : RBI,Forex Forward ,Foreign Currency



RBI Turns Net Seller of Foreign Currency in August(13.10.2015)

Reserve Bank of India (RBI) for the first time in the past one year has turned net sellers of foreign currency in August to help arrest the slide in t.....

Tags : Reserve Bank of India (RBI),Foreign Currency



RBI Permits Residents to Conduct Foreign Currency-Rupee Swaps Transactions with Multilateral Bodies(06.11.2015)

Reserve Bank of India (RBI) has permitted domestic entities to conduct foreign currency-rupee swaps with multilateral agencies and allow hedging of lo.....

Tags : RBI, Foreign Currency-Rupee Swaps Transactions



RBI Permits Indian Subsidiaries of MNCs to Hedge Forex Exposure(07.11.2016)

Reserve Bank of India (RBI) has allowed Indian subsidiaries of multinational companies to hedge their foreign currency exposure through derivatives, O.....

Tags : Reserve Bank of India, Indian subsidiaries, foreign currency



Supreme Court Dismisses IT Department’s Appeal Against RCom(23.11.2016)

Supreme Court has dismissed Income Tax (IT) Department’s appeal seeking to tax proceeds of $1.5-billion Foreign Currency Convertible Bonds (FCCBs) iss.....

Tags : Supreme Court, Income Tax, Foreign Currency Convertible Bonds, Reliance Communications



Notifications & Circulars

Maintenance of CRR/SLR on Foreign Currency Assets/Liabilities- Reference rate for INR/USD and exchange rate of other major currencies(02.08.2018)

Please refer to our circular DBOD.No.Ret.BC.113/12.01.001/2011-12 dated June 29, 2012 on Maintenance of CRR on FCNR(B) Scheme advising banks to be gui.....

Tags : Maintenance, CRR/SLR, Foreign Currency Assets, Liabilities



Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) (Amendment) Regulations, 2019(27.02.2019)

In exercise of the powers conferred by Section 9 and clause (e) of sub-section (2) of section 47 of the Foreign Exchange Management Act, 1999 (42 of 1.....

Tags : Foreign Currency, Amendment, Regulations



ITAT: Forex Transaction to Hedge Foreign Currency Risk is Not Speculative(10.08.2022)

Income Tax Appellate Tribunal (ITAT), Chandigarh Bench while allowing deduction, has held that the Forex transaction to hedge foreign currency risk is.....

Tags : ITAT, Forex Transaction, Hedge Foreign Currency



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