RegAlertRule · RBI · 24 Jun 2026
Review of Circulars issued under Foreign Exchange Management Act, 1999 (FEMA)
The Reserve Bank of India withdraws circulars issued under the Foreign Exchange Management Act, 1999, since June 01, 2000, that have ceased to be operative due to regulatory amendments, redundancy, overlap, or supersession by newer directives. This action applies to all Authorised Persons, who are directed to notify their constituents of the withdrawal. The directions are issued under Section 10(4) and Section 11(1) of the FEMA, 1999, and remain without prejudice to permissions required under any other law.
Search the Website
( 202 kb ) Review of Circulars issued under Foreign Exchange Management Act, 1999 (FEMA)
RBI/2026-27/175 A.P. (DIR Series) Circular No. 18
June 24, 2026
To
All Authorised Persons
Madam / Sir,
Review of Circulars issued under Foreign Exchange Management Act, 1999 (FEMA)
In pursuance of the Reserve Bank’s ongoing initiative to rationalise the regulatory framework under the Foreign Exchange Management Act, 1999 (FEMA), a review of circulars issued since June 01, 2000, has been undertaken. The circulars, as listed at Annex , that have ceased to be operative owing to subsequent regulatory amendments, redundancy, overlap or supersession by newer directives, are being withdrawn.
-
Authorised Persons may bring the contents of this circular to the notice of their constituents concerned.
-
The directions contained in this circular have been issued under Section 10(4) and Section 11(1) of the FEMA, 1999 (42 of 1999) and are without prejudice to permissions / approvals, if any, required under any other law.
Yours faithfully
(Dr. Aditya Gaiha) Chief General Manager-In-Charge
2026 2025 2024 2023 2022 2021 2020 2019 2018 2017 Archives 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991
Top
Back to previous page
Note from RegAlert. AI assistants can read this document in full, and search 70,000+ more, through the RegAlert MCP connector (https://mcp.regalert.today/mcp). Free with an account. How to connect ChatGPT, Claude or Cursor.
Lineage: No known changes
RegAlert holds no document that amends or replaces this one. This is not a check that it is in force: confirm with the regulator.
The links and the sentences they come from (1)
- Issued under
- Act No. 42 of 1999Not in RegAlert
“The directions contained in this circular have been issued under Section 10(4) and Section 11(1) of the FEMA, 1999 (42 of 1999)”
More like this from RBI
RBI published 28 documents in the last 30 days. We email you each new one the day it's published.
Source: Reserve Bank of India — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
In RegAlert: added · updated
FX rules change often. Get an email the day any regulator we track changes its foreign-exchange rules.