#fema
Earning in dollars? New FEMA rules from October 1: How freelancers and YouTubers need to file EDF declaration with banks
A new RBI rule from 1 October changes how service exporters receiving overseas payments must report their earnings. Freelancers, creators and other professionals may need to take an additional compliance step through their bank. Here’s what you need to know.
ED case against five Bengaluru-based entities for 'unauthorised' cross-border crypto transactions
The Enforcement Directorate has initiated a FEMA probe into five companies located in Bengaluru for their alleged involvement in unauthorized cross-border transactions amounting to Rs 2,500 crore through cryptocurrency. Investigations uncovered significant re…
How NRIs can send money to family and businesses in India but one wrong step violates FEMA
Many NRIs don't realise they can give loans or make deposits with family members, businesses, or companies back in India. But the RBI has very specific rules depending on the currency, the recipient, and the purpose. Get it wrong and you could violate FEMA re…