We have prepared an easy to reference slide deck on the ban on online money games and its impact on the gaming industry in India.
FEMA notification confirms legality of bonus shares issued to foreign shareholders in prohibited sectors
Download .pdf On June 11, 2025, the Department of Economic Affairs, Ministry of Finance, Government of India issued Notification S.O. 2549(E) (“2025 Notification”) amending Rule 7 of the Foreign Exchange Management (Non-debt Instruments) Rules, 2019 (the “NDI...