RBI on 1st July, 2015 came out with various Master Circular governing the currency of India, some of the most improtant ones are as follows:
- Master Circular of Foreign Direct Investment In India.
- Master Circular on Direct Investment by Residents in Joint Ventures & Wholly Owned Subsidiaries.
- Master Circular on External Commercial Borrowing & Trade Credits
- Master Circular on Compounding of Contravention under FEMA, 1999
The said circulars can be assessed at the following links:
- Master Circular on Foreign Investment in India – 01.07.2015
- Master Circular on Direct Investment by Residents in JV – WOS – 01.07.2015
- Master Circular on External Commercial Borrowings and Trade Credits – 01.07.2015
- Master Circular on Compounding of Contraventions under FEMA, 1999 – 01.07.2015