RBI's Rs 2 Lakh Penalty Cap: A Welcome Relief for Minor FEMA Violations

Affluence Advisory , Last updated: 18 June 2025 Share Follow on Google News

The Reserve Bank of India (RBI) has announced a major compliance relief for minor violations under the Foreign Exchange Management Act (FEMA). Through its Master Direction on Compounding (22 April 2025) and Companion Circular (24 April 2025), RBI has allowed a Rs 2 lakh cap on penalties for certain

Daily Limit Reached

You have reached your daily limit of 2 Free Articles

Subscribe to CCI PRO for unlimited access

Why Upgrade to CCI PRO?

No Ads
WhatsApp Broadcasts
Daily E-Newsletter
Unlimited Articles Access

BEST VALUE

2 YEAR PLAN

3,499

(Inclusive of GST)

1 YEAR PLAN

1,999

(Inclusive of GST)

Buy CCI PRO Now

Already a PRO member? Login here for an ad-free experience.

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

225 Views Comment Share Community & General Report

About the Author

Affluence Advisory

corporates

Why Affluence Advisory for any Tax Compliance services? Affluence Advisory Pvt Ltdis a multi-disciplinary consulting and compliance firm that is managed by a specialized team of Chartered Accountants, Company Secretaries, Corporate Lawyers, and Other Professionals who are committed to providing a quality experience ... Read more

View Articles

Comments

RBI's Rs 2 Lakh Penalty Cap: A Welcome Relief for Minor FEMA Violations

You have reached your daily limit of 2 Free Articles

Why Upgrade to CCI PRO?

Affluence Advisory

Related Articles

Popular Articles

Trending Online Classes

Browse by Category

Latest Job Openings

Accounts Associate

Accountant

Article

Audit, Taxation & Compliance Executive

Senior Account Executive

Article Trainee

Senior Auditor

Article Assistant