Overseas Investments under FEMA

The Government notified the revamped Overseas Investment Rules (OI Rules) on 22 August 2022. These rules introduced the concept of delayed reporting after payment of Late Submission Fees (LSF), provided such reporting is completed within three years from the original due date. In addition, a one-time window was introduced to regularise reporting and filing requirements for transactions undertaken prior to the notification of the OI Rules. 

To avail this relief, pending filing must be completed together with payment of LSF by 21 August 2025—three years from the release of the new OI Rules. Failure to comply may expose the companies to penal consequences from regulatory authorities.

In this context, Grant Thornton Bharat is organising a webinar to decode the OI Rules and provide practical guidance on addressing past non-compliances within the available window, while mitigating penal risks. 

Join us as our experts share insights into key regulatory implications for Indian entities and individuals with overseas investments.