Government Route (FDI)
The government route is the entry route for foreign direct investment (FDI) that needs prior Government approval, on the conditions
FEMA / RBI
Automatic Route (FDI)
The automatic route is the entry route for foreign direct investment (FDI) that needs no prior approval of the Reserve
NIC 2008 (National Industrial Classification 2008)
NIC 2008 means the National Industrial Classification 2008, issued by the Central Statistical Organisation under the Ministry of Statistics and
NIC-2025 (National Industrial Classification 2025)
NIC-2025, or National Industrial Classification 2025, is India’s official MoSPI classification for coding economic activities by industry. It progressively replaces
ODI vs OPI: Difference Under FEMA
Overseas Direct Investment (ODI) and Overseas Portfolio Investment (OPI) are the two categories of overseas investment open to a person
Overseas Portfolio Investment (OPI)
Overseas Portfolio Investment (OPI) is any investment by a person resident in India in foreign securities that does not amount
Annual Performance Report (APR)
The Annual Performance Report (APR) is a mandatory yearly filing under the Foreign Exchange Management Act, 1999, through which a
Overseas Direct Investment (ODI)
Overseas Direct Investment (ODI) is an investment by a person resident in India in the equity capital of a foreign
FLAIR Portal of RBI for FLA Return Filing
The FLAIR Portal (Foreign Liabilities and Assets Information Reporting) is the Reserve Bank of India’s web application at flair.rbi.org.in for
FLA Return (Foreign Liabilities and Assets)
The FLA Return (Foreign Liabilities and Assets Return) is an annual return that every Indian resident entity holding outstanding foreign
Foreign Direct Investment (FDI)
Foreign Direct Investment (FDI) is investment by a person resident outside India in the equity instruments of an Indian company
Late Submission Fee (LSF) under FEMA
Late Submission Fee (LSF) is the fee levied by the Reserve Bank of India to regularise delayed reporting under the
Compounding of Contraventions under FEMA
Compounding under FEMA is the voluntary settlement of a foreign-exchange contravention, in which a person admits a breach under Section
Foreign Entity Under FEMA
A foreign entity under FEMA is an entity formed, registered or incorporated outside India, including in an International Financial Services
Foreign Exchange Management Act, 1999
The Foreign Exchange Management Act, 1999 (FEMA), is the central Indian law governing foreign exchange dealings and cross-border transactions. Enacted
Annual Performance Report (APR) for ODI
The Annual Performance Report (APR) is the yearly compliance return a person resident in India must file for every foreign
Authorised Dealer (AD) Bank
An Authorised Dealer (AD) Bank is a bank licensed by the Reserve Bank of India under Section 10(1) of the
