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Notification Warning Note

fema-notification fema-notification-type fema-apdir fema-subject effective-date details-of-official-gazette-of-govt-of-india
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FEMA 3(R)(4)/2025-RB dated October 06, 2025

Foreign Exchange Management (Borrowing and Lending) Regulations, 2018 (Amended up to October 09, 2025)

- Foreign Exchange Management (Borrowing and Lending) (Amendment) Regulations, 2025

09/10/2025

CG-MH-E-09102025-266826 09/10/2025

FEMA 10(R)(7)/2025-RB dated October 06, 2025

Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) Regulations, 2015 (Amended up to October 09, 2025)

- Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) (Seventh Amendment) Regulations, 2025

09/10/2025

CG-MH-E-09102025-266825 09/10/2025

FEMA 396(4)/2025-RB dated September 29, 2025

FEMA 396/2019-RB dated October 17, 2019 (amended up to October 1, 2025)

- Foreign Exchange Management (Debt Instruments) (Fourth Amendment) Regulations, 2025

01/10/2025

CG-MH-E-01102025-266586 30/09/2025

FEMA 23(R)/(6)/2025-RB, dated June 24, 2025

Foreign Exchange Management (Export of Goods & Services) (Amendment) Regulations, 2015 (Amended till June 24, 2025)

-

Foreign Exchange Management (Export of Goods & Services) (Amendment) Regulations, 2025

30/06/2025

FEMA 23(R)/(6)/2025-RB 24/06/2025

FEMA 10(R)/(6)/2025-RB dated April 29, 2025

(Sixth Amendment) - FEMA 10(R)/(6)/2025-RB

FEMA 10(R)/(6)/2025-RB dated April 29, 2025 - Amended

- Foreign Exchange Management (Foreign Currency Accounts by a Person Resident in India) (Sixth Amendment) Regulations, 2025

30/04/2025

FEMA 10(R)/(6)/2025-RB 29/04/2025

FEMA 14(R)(1)/2025-RB 10.02.2025

FEMA 14(R) - Foreign Exchange Management (Manner of Receipt and Payment) Regulations, Amended

-

Foreign Exchange Management (Manner of Receipt and Payment) (Amendment) Regulations, 2025

11/02/2025

CG-MH-E-11022025-260886 11/02/2025

Notification No. FEMA 395(3)/2025-RB January 14, 2025

FEMA.395/2019-RB amended

- Foreign Exchange Management (Mode of Payment and Reporting of Non- Debt Instruments) (Third Amendment) Regulations, 2025

15/01/2025

CG-MH-E-15012025-260259 15/01/2025

Notification No. FEMA 10(R)(5)/2025-RB January 14, 2025

FEMA 10(R)/2015-RB amended

- Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) (Fifth Amendment) Regulations, 2025

15/01/2025

CG-MH-E-15012025-260250 15/01/2025

Notification No. FEMA 5(R)(5)/2025-RB January 14, 2025

FEMA 5 (R) /2016-RB amended

- Foreign Exchange Management (Deposit) (Fifth Amendment) Regulations, 2025

15/01/2025

CG-MH-E-15012025-260256 15/01/2025

FEMA 10(R)(4)/2024-RB 19.11.2024

(4th Amendment) FEMA 10(R)/2015-RB

FEMA 10(R)/2015-RB amended

- Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) (Amendment) Regulations, 2024

21/11/2024

FEMA 10 (R)/(4)/2024-RB 21/11/2024

FEMA 396(3)/2024-RB dated August 02, 2024

FEMA 396/2019-RB dated October 17, 2019 (amended)

- Foreign Exchange Management (Debt Instruments) (Third Amendment) Regulations, 2024

10/08/2024

CG-MH-E-10082024-256254 07/08/2024

Notification No. FEMA 5(R)/(4)/2024-RB dated May 06, 2024

(Fourth Amendment)- FEMA 5(R)/(4)/2024-RB

FEMA 5(R)/2016-RB dated April 01, 2016-Amended

- Foreign Exchange Management (Deposit) (Fourth Amendment) Regulations, 2024

06/05/2024

FEMA 5(R)/(4)/2024-RB 06/05/2024

FEMA 10(R)(3)/2024-RB 19.04.2024

(3rd Amendment) FEMA 10(R)/2015-RB

FEMA 5(R)/2016-RB dated April 01, 2016-Amended

- Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) (Amendment) Regulations, 2024

23/04/2024

FEMA. 10(R)(3)/2024-RB 23/04/2024

FEMA. 395(2)/2024-RB 19.04.2024

(2nd Amendment) FEMA 395/2019-RB dated October 17, 2019
FEMA.395/2019-RB Amended

- Foreign Exchange Management (Mode of Payment and Reporting of Non-Debt Instruments) (Amendment) Regulations, 2024

23/04/2024

FEMA. 395(2)/2024-RB 23/04/2024

No. FEMA 14(R)/2023-RB

Publishing date: December 21, 2023

Original (In supersession of Notification No. FEMA 14(R)/2016-RB dated May 02, 2016)

- Foreign Exchange Management (Manner of Receipt and Payment) Regulations, 2023

21/12/2023

CG-MH-E-21122023-250803 21/12/2023

FEMA 396(2)/2023-RB dated October 16, 2023

FEMA 396/2019-RB dated October 17, 2019 (amended)

- Foreign Exchange Management (Debt Instruments) (Second Amendment) Regulations, 2023

21/10/2023

CG-DL-E-21102023-249619 20/10/2023
FEMA. 400/2022-RB 22.08.2022 FEMA. 400/2022-RB 22.08.2022 - Foreign Exchange Management (Overseas Investment) Regulations, 2022 22/08/2022 CG-MH-E-22082022-238242 22/08/2022
FEMA 3(R)/(3)/2022-RB Dated 28.07.2022 (3rd Amendment) FEMA 3(R)/2018-RB

FEMA 3(R)/2018-RB amended
- Foreign Exchange Management (Borrowing and Lending) (Amendment) Regulations, 2022 29/07/2022 FEMA 3(R)/(3)/2022-RB 29/07/2022

FEMA 396(1)/2021-RB dated October 13, 2021

FEMA 396/2019-RB dated October 17, 2019 (amended)

- Foreign Exchange Management (Debt Instruments) (First Amendment) Regulations, 2021

21/10/2021

CG-MH-E-21102021-230591 21/10/2021
FEMA.23(R)(5)/2021-RB 08.09.2021 (5th Amendment) FEMA.23(R)/2015-RB dated January 12, 2016

FEMA.23(R)/2015-RB Amended
- Foreign Exchange Management Export of Goods and Services (Amendment) Regulation 2021 10/09/2021 FEMA.23(R)(5)/2021-RB 10/09/2021
FEMA 3 (R)2/2021-RB 24.05.2021 Amendment to Foreign Exchange Management (Borrowing and Lending) Regulations, 2018 [Notification No. FEMA 3(R)/2018-RB dated December 17, 2018] - Foreign Exchange Management (Borrowing and Lending) (Amendment) Regulations, 2021 28/05/2021 CG-MH-E-28052021-227216 28/05/2021
FEMA 23(R)/(4)/2021-RB 08.01.2021 (4th Amendment) FEMA 23(R)/2015-RB

FEMA 23(R)/2015-RB Amended
- Foreign Exchange Management (Export of Goods and Services) (Amendment) Regulations, 2021 08/01/2021 FEMA 23(R)/(4)/2021 08/01/2021
FEMA 6(R)/(3)/2020-RB 03.12.2020 (3rd Amendment) FEMA 6(R)/2015-RB

FEMA 6(R)/2015-RB amended
- Foreign Exchange Management (Export and Import of Currency) (Second Amendment) Regulations, 2020 04/12/2020 FEMA 6(R)/(3)/2020-RB 04/12/2020
FEMA.399/RB-2020 23.10.2020 Original - Foreign Exchange Management (Margin for Derivative Contracts) Regulations, 2020 [Notification no. FEMA.399/RB-2020 dated October 23, 2020] 10/15.02.2021 Foreign Exchange Management (Margin for Derivative Contracts) Regulations, 2020 28/10/2020 CG-MH-E-28102020-222786 28/10/2020
FEMA 6(R)/(2)/2020-RB 11.08.2020 (2nd Amendment) FEMA 6(R)/2015-RB

FEMA 6(R)/2015-RB amended
- Foreign Exchange Management (Export and Import of Currency) (Amendment) Regulations, 2020 18/08/2020 FEMA 6(R)/(2)/2020-RB 18/08/2020
FEMA 395(1)/2020-RB 15.06.2020 (1st Amendment) FEMA 395/2019-RB dated October 17, 2019
FEMA.395/2019-RB Amended
- Foreign Exchange Management (Mode of Payment and Reporting of Non-Debt Instruments) (Amendment) Regulations, 2020 18/06/2020 FEMA 395(1)/2020-RB 18/06/2020
FEMA 23(R)/(3)/2020-RB 31.03.2020 Foreign Exchange Management (Export of Goods and Services) (Amendment) Regulations, 2020

FEMA 23(R)/2015-RB amended
27/31.03.2020

Export of Goods and Services - Realisation and Repatriation of Export Proceeds - Relaxation
Foreign Exchange Management (Export of Goods and Services) (Amendment) Regulations, 2020 (Third Amendment) Regulations, 2020 31/03/2020 FEMA 23(R)/(3)/2020-RB 31/03/2020
FEMA 14(R)/(2)/2020-RB 04.03.2020 Foreign Exchange Management (Manner of Receipt and Payment) (Second Amendment) Regulations, 2020
FEMA 14(R)/2016-RB amended
A. P. (DIR Series) Circular No. 22 dated March 17, 2020- Settlement system under Asian Clearing Union (ACU) Mechanism dated March 17, 2020 Foreign Exchange Management (Manner of Receipt and Payment) (Second Amendment) Regulations, 2020 06/03/2020 FEMA 14(R)/(2)/2019-RB 06/03/2020
FEMA.398/RB-2020 18.02.2020 Amendment to Foreign Exchange Management (Foreign Exchange Derivative Contracts) Regulations, 2000 [Notification no. FEMA.25/2000-RB dated May 03, 2000] 29/07.04.2020 Foreign Exchange Management (Foreign Exchange Derivative Contracts) (First Amendment) Regulations, 2020 03/03/2020 CG-MH-E-06032020-216549 03/03/2020
FEMA.397/RB-2020 07.01.2020 Amendment to Foreign Exchange Management (International Financial Services Centre) Regulations, 2015 [Notification no. FEMA.339/2015-RB dated March 2, 2015] 17/20.01.2020 Foreign Exchange Management (International Financial Services Centre) (Amendment) Regulations, 2020 16/01/2020 CG-DL-E-17012020-215530 16/01/2020
FEMA 23(R) (2)/2019-RB 09.12.2019 (2nd Amendment)
FEMA.23(R)/2015-RB dated January 12, 2016
FEMA.23 (R)/2019-RB Amended
- Foreign Exchange Management Export of Goods & Services, Regulations 2019 09/12/2019 FEMA 23(R) (2)/2019-RB 09/12/2019
FEMA 14(R)/(1)/2019-RB 13.11.2019 (Amendment) FEMA 14(R)/2016-RB dated May 2, 2016
FEMA 14(R)/2016-RB amended
- Foreign Exchange Management (Manner of Receipt and Payment) (Amendment) Regulations, 2019 14/11/2019 FEMA 14(R)/(1)/2019-RB 14/11/2019
FEMA 5(R)/(3)/2019-RB 13.11.2019 (Third Amendment)
FEMA.5(R)/2016-RB dated April 1, 2016
FEMA. 5(R)/2016-RB Amended
- Foreign Exchange Management (Deposit) (Third Amendment) Regulations, 2019 14/11/2019 FEMA 5(R)/(3)/2019-RB 14/11/2019

FEMA 396/2019-RB dated October 17, 2019

Original Notification

- Foreign Exchange Management (Debt Instruments) Regulations, 2019

18/10/2019

796 (E) 17/10/2019
FEMA.395/2019-RB 17.10.2019 Original - Foreign Exchange Management (Mode of Payment and Reporting of Non-Debt Instruments) Regulations, 2019 17/10/2019 795(E) 17/10/2019
FEMA 5(R) (2)/2019-RB 16.07.2019 (2nd Amendment) FEMA.5(R)/2016-RB dated April 1, 2016
FEMA.5 (R)/2016-RB Amended
- Foreign Exchange Management (Deposit) (Amendment), Regulations, 2018 16/07/2019 498 (E) 16/07/2019
FEMA 10(R)(2)/2019-RB 27.02.19 (2nd Amendment)
FEMA 10(R)/2015-RB


[FEMA 10(R)/2015-RB amended
- Foreign Exchange Management (Foreign currency accounts by a person resident in India) (Amendment) Regulations, 2019 27/02/2019 160 (E) 27/02/2019
FEMA 391/2019-RB 26.02.2019 Amendment to Foreign Exchange Management (Permissible Capital Account Transactions) Regulations, 2000 [Notificaiton no. FEMA 1/2000-RB dated May 03, 2000] - Foreign Exchange Management (Permissible Capital Account Transactions)(Amendment) Regulations, 2019 27/02/2019 162(E) 27/02/2019
FEMA 3 (R)1/2019-RB 26.02.2019 Amendment to Foreign Exchange Management (Borrowing and Lending) Regulations, 2018 [Notification No. FEMA 3(R)/2018-RB dated December 17, 2018] - Foreign Exchange Management (Borrowing and Lending) (Amendment) Regulations, 2019 27/02/2019 163(E) 27/02/2019
FEMA 6(R)/(1)/2019-RB 26.2.2019 (First Amendment) FEMA.6(R)/2015-RB
FEMA.6(R)/2015-RB (amended)
- Foreign Exchange Management(Export and Import of Currency) (Amendment) Regulations, 2019 26/02/2019 151 ( E) 26/02/2019
FEMA 20(R)(6)/2019-RB 31.01.2019 (Amendment) FEMA.20(R)/2017-RB 07.11.2017

FEMA 20(R)/2017-RB amended
- Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) 01/02/2019 78( E) 31/01/2019
FEMA 22(R) (2)/2019-RB 21.1.2019 (Second Amendment) FEMA.22(R)/2016-RB dated March 31, 2016
FEMA.22(R)/2016-RB amended
- Foreign Exchange Management (Establishment in India of a branch office or a liaison office or a project office or any other place of business) Regulations, 2016 21/01/2019 40 ( E) 21/01/2019
FEMA 3(R)/2018-RB 17.12.2018 (Original) FEMA 3 (R)/2018-RB - Foreign Exchange Management (Borrowing and Lending) Regulations, 2018 17/12/2018 1213 (E) 17/12/2018
FEMA 5(R) (1)/2018-RB 09.11.2018 (First Amendment) FEMA.5(R)/2016-RB dated April 1, 2016
FEMA.5 (R)/2016-RB Amended
- Foreign Exchange Management (Deposit) (Amendment), Regulations, 2018 09/11/2018 1093(E) 09/11/2018
FEMA 22(R) (1)/2018-RB 31.8.2018 (First Amendment) FEMA.22(R)/2016-RB dated 31.3.2016
FEMA.22(R)/2016-RB amended
- Foreign Exchange Management (Establishment in India of a branch office or a liaison office or a project office or any other place of business) Regulations, 2016 31/08/2018 827 (E) 31/08/2018
FEMA 20(R) (3)/2018-RB 30.08.2018 (Amendment) FEMA.20(R)/2017-RB

FEMA 20(R)/2017-RB amended
- Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) 01/09/2018 823 ( E) 30/08/2018
FEMA 20(R) (2)/2018-RB 01.06.2018 (Amendment) FEMA.20(R)/2017-RB

FEMA 20(R)/2017-RB amended
- Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) 01/06/2018 520 ( E) 01/06/2018
FEMA 21(R)/2018-RB 26.3.2018 (Original) FEMA 21 (R)/2018-RB - Foreign Exchange Management (Acquisition and Transfer of Immovable Property in India) Regulations, 2018 26/03/2018 280 (E) 26/03/2018
FEMA 20(R) (1)/2018-RB 26.3.2018 (Amendment) FEMA.20(R)/2017-RB

FEMA 20(R)/2017-RB amended
- Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) 26/03/2018 279 (E) 26/03/2018
FEMA.389/2018-RB 20.03.2018 Original - Foreign Exchange Management (Cross Border Merger) Regulations, 2018 20/03/2018 244 (E) 20/03/2018

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