Compliance with India’s foreign investment regulations is now more critical than ever. The Enforcement Directorate has initiated a number of investigations, especially in the fintech, e-commerce and similar sectors, where the purpose of foreign investment is stated as information technology services but the money is channelled into restricted sectors. M&A and PE investments need to follow the substance over form principle in relation to use of funds. Please go through our PPT for more details.
RBI overhauls India’s trade framework: Key changes under the FEMA Export and Import Regulations 2026
Download .pdf Last month, the Reserve Bank of India (the “RBI”) notified the Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2026 (the “2026 Regulations”), which will come into effect from October 1, 2026. The 2026 Regulations...