Notification for Foreign Exchange Management Non debt Instruments Third Amendment Rules 2024

Quick Summary
The Ministry of Finance has issued the Foreign Exchange Management (Non-debt Instruments) (Third Amendment) Rules, 2024. These new rules, effective from their publication date, amend the existing 2019 regulations. Specifically, they update serial number 12 and its related entries within Schedule I of the Foreign Exchange Management (Non-debt Instruments) Rules, 2019. For complete details, please consult the attached full notification.

MINISTRY OF FINANCE
(Department of Economic Affairs)
NOTIFICATION

New Delhi, the 16th April, 2024

S.O. 1722(E).— In exercise of the powers conferred by clauses (aa) and (ab) of sub-section (2) of section 46 of the Foreign Exchange Management Act, 1999 (42 of 1999), the Central Government hereby makes the following rules further to amend the Foreign Exchange Management (Non-debt Instruments) Rules, 2019, namely:-

1. (1) These rules may be called the Foreign Exchange Management (Non-debt Instruments) (Third Amendment) Rules, 2024.
    (2) They shall come into force on the date of their publication in the Official Gazette.

2. In the Foreign Exchange Management (Non-debt Instruments) Rules, 2019, in Schedule I, in the Table, for serial number 12 and the entries relating thereto, the following shall be substituted, namely:-

For full notification please refer to the attachment.
 

FAQ :

The new rules are called the Foreign Exchange Management (Non-debt Instruments) (Third Amendment) Rules, 2024.

These rules come into effect on the date of their publication in the Official Gazette.

These amendments affect the Foreign Exchange Management (Non-debt Instruments) Rules, 2019.

Schedule I, in the Table, specifically serial number 12 and its related entries, is being substituted.

This notification was issued by the Ministry of Finance (Department of Economic Affairs).

 

Comments



CCI Pro





Company
18 September 2026
Accounts & Finance Specialist

ULTRA CHEMICAL WORKS

Thane

CA Final

View Details
Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details
Company
ARTICLESHIP 30 September 2026
CA Article Assistant

CA Suraj Garg & Associates

New Delhi

CA Final

View Details
Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details
Company
15 September 2026
Client-site CA associate

Aditya Muley and Co

Mumbai

CA

View Details
Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details
Company
Featured 11 September 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details
Company
ARTICLESHIP 16 September 2026
Article Assistant

MANUJ SHARMA AND COMPANY

Noida

CA Inter

View Details