29 Jun 2018, 12:38 — 3 min read
Summary: Has your firm received any foreign direct investment (FDI)? Find out about the updated FDI compliance reporting introduced by the Reserve Bank of India (RBI) for all firms in India.
In its bi-monthly monetary policy review on 5th April 2018, the Reserve Bank of India (RBI) announced that it will introduce a Single Master Form (SMF) to consolidate the extant reporting of various types of foreign investment in India.
To adhere to this compliance, all firms that have ever received any foreign direct investment (FDI), must fill an online Single Master Form (SMF) on the RBI website between 28th June 2018 to 12th July 2018.
Here is some key information regarding FDI reporting compliance for firms:
Link will be accessible 24*7 for updation.
For more details on the compliance process, click here.
The integration of the extant reporting structures has been introduced by the RBI to simplify and rationalise reporting for foreign investment in India.
Posted byGlobalLinker Staff
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