The Enforcement Directorate (ED) has declared that 2025 will see a sharpened focus on violations under the Foreign Exchange Management Act (FEMA), according to its Director, Rahul Navin. This marks a significant regulatory shift: FEMA compliance is being elevated to…
In a proactive move to shield Indian exporters from the adverse effects of ongoing global trade disruptions and rising international tariff barriers, the Reserve Bank of India (#RBI) has introduced comprehensive #trade relief measures in 2025. These timely interventions extend…
At Sriya Enterprise, we aim to provide clear insights on emerging trends in trade finance, foreign exchange management, and regulatory compliance. One such concerning matter is extensive use of stablecoins — a digital currency innovation rapidly gaining attention globally but…
RBI Update: Closing Bills of Entry for Free of Cost (FOC)/Sample Imports – Issues and Implications The Reserve Bank of India (RBI) has issued a significant regulatory update changing the way Bills of Entry (BoE) for goods imported on Free…
Dodging Rules on Foreign Loans and Export Advances: A Costly Misstep for Companies. In today’s globalized business landscape, companies often turn to cross-border funding and export-related payments to manage working capital, expand operations, or secure international buyers. However, recent regulatory…
If you’ve recently tried to remit funds abroad, you may have noticed a new hurdle: Indian banks are now scrutinizing the purpose code you use for every overseas transaction. Gone are the days when “S1099 – Other Services Not Included Elsewhere” was…
The Reserve Bank of India vide RBI/2025-26/72 A.P. (DIR Series) Circular No. 09 dated 12/08/2025 now allows persons resident outside India, who maintain Special Rupee Vostro Accounts (SRVA) for international trade settlement, to invest their surplus rupee balances in Central…
India’s international trade landscape continues to evolve, with digital compliance and transparency at the forefront of regulatory priorities. A key development for exporters and importers is the Reserve Bank of India’s (RBI) mandate requiring registration on the IEDPMS (Export Data…
The need for this blog arose from a conversation with an MSME exporter. During our discussion, I asked about the regulatory compliances required for executing an international trade transaction. The response surprised me—according to them, only Customs regulations were relevant…
The Reserve Bank of India (RBI) has recently tightened its regulations concerning Overseas Direct Investments (ODIs). As per the latest directive, companies with unresolved ODI violations must rectify these issues by August 25, 2025, or face restrictions on future overseas…
