FLA Return Filing Alert – Due by 15th July!
If your company has received Foreign Direct Investments, made Other Direct Investments, or has foreign assets/liabilities, the FLA Return under FEMA is mandatory.
Filing the FLA Return is not just a regulatory formality but a legal requirement under the Foreign Exchange Management Act (FEMA). Non-filing or delayed filing of the FLA Return by the due date (July 15 of every year) is considered a violation of FEMA.
Avoid heavy penalties and stay compliant with RBI norms.
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