FEMA (Foreign Exchange Management Act) governs every rupee that flows in and out of India when an NRI is involved. Getting it wrong triggers compounding penalties — getting it right unlocks smooth repatriation.
Common FEMA touchpoints for NRIs
- Investing in Indian company shares (FDI)
- Buying / selling immovable property
- Repatriating rent, dividends or sale proceeds
- Extending loans or gifts to residents
Key RBI filings
- FC-GPR — reporting share allotment to foreign investors
- FC-TRS — reporting transfer of shares between resident & non-resident
- FLA return — annual foreign liabilities and assets return
- Form 15CA / 15CB — for repatriation of taxable income
Need help? Call Cred Compliances at +91 9873602607 or email document@credcompliances.com to start your filing today.