Search Results for Tag : Forex

News

Reserve Bank of India Permits Banks to Trade in Forex Outside of Market Hours(07.01.2020)

Reserve Bank of India has said that it has permitted category–I banks to offer foreign exchange prices to users at all times, out of their Indian book.....

Tags : Reserve Bank of India, Forex

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

ITAT, Mumbai: Forex Gains on Repayment of Interest-free Loan by Relative Not Taxable(19.05.2021)

Income Tax Appellate Tribunal, Mumbai has ordered that foreign exchange gains arising in the hands of an individual, on a repayment of an interest-fre.....

Tags : Income Tax Appellate Tribunal, Forex Gains on Repayment of Interest-free Loan by Relative

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

RBI Imposes Penalty on 3 Banks in Forex Scam(26.07.2016)

Reserve Bank of India (RBI) has imposed penalties of Rs.5 crore on Bank of Baroda, Rs.3 crore on Punjab National Bank and Rs.2 crore on HDFC Bank, in .....

Tags : Reserve Bank of India, Forex Scam

Notifications & Circulars

RBI cautions against unauthorised forex trading platforms(03.02.2022)

The Reserve Bank of India (RBI) has noticed misleading advertisements of unauthorised Electronic Trading Platforms (ETPs) offering forex trading facil.....

Tags : Unauthorised, Forex trading, Platforms

Top Story

Reserve Bank of Indiaannouncesvarious measures to enhance forex inflows(06.07.2022)

The Reserve Bank has been continuously monitoring the liquidity conditions in the forex market and has now stepped in to alleviate dollar tightness wi.....

Tags : Forex inflows, Measures, Announcement