Request a Demo

By clicking Submit, you acknowledge that you have read and agree with the Privacy Policy
Contact Info
Unit 266, 267 & 268, Tower B1, Spaze Itech Park Sohna Road Gurugram, Haryana 122018 connect@complinity.com +91 8181 900 600
Follow Us

A Multi-Concept Theme for Digital Agencies and Startups

8181 900 600 Request a Demo Login
logo dark logo light logo
  • Products
    • Compliance Management Software
    • Contract Management Software
    • Secretarial Compliance Software
    • Litigation Management Software
    • Audit Management Software
    • Internal Financial Control Software
    • Enterprise Risk Management Software
  • Pricing
  • Industries
    • Pharmaceutical
    • Hospitality
    • BFSI
    • Manufacturing
    • NBFC
    • Renewable Energy
    • Agriculture
    • ITeS
    • Real Estate
    • Automobile
  • Legal Updates
  • Blogs
  • Videos
  • Downloads
  • Careers
Contact Sales
logo dark logo light logo
  • Products
    • Compliance Management Software
    • Contract Management Software
    • Secretarial Compliance Software
    • Litigation Management Software
    • Audit Management Software
    • Internal Financial Control Software
    • Enterprise Risk Management Software
  • Pricing
  • Industries
    • Pharmaceutical
    • Hospitality
    • BFSI
    • Manufacturing
    • NBFC
    • Renewable Energy
    • Agriculture
    • ITeS
    • Real Estate
    • Automobile
  • Legal Updates
  • Blogs
  • Videos
  • Downloads
  • Careers
Contact Sales
Mobile Logo
  • Products
    • Compliance Management Software
    • Contract Management Software
    • Secretarial Compliance Software
    • Litigation Management Software
    • Audit Management Software
    • Internal Financial Control Software
    • Enterprise Risk Management Software
  • Pricing
  • Industries
    • Pharmaceutical
    • Hospitality
    • BFSI
    • Manufacturing
    • NBFC
    • Renewable Energy
    • Agriculture
    • ITeS
    • Real Estate
    • Automobile
  • Legal Updates
  • Blogs
  • Videos
  • Downloads
  • Careers
Corporate Laws Central Ministry of Finance Foreign Exchange Management Act, 1999

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

16-Oct-2023 | No. FEMA.396(2)/2023-RB

The Reserve Bank of India has issued Foreign Exchange Management (Debt Instruments) (Second Amendment) Regulations, 2023 effective from 16th October, 2023. By virtue of this notification Foreign Exchange Management (Debt Instruments) Regulations, 2019 are being amended by Foreign Exchange Management (Debt Instruments) (Second Amendment) Regulations, 2023. Key highlights of the amendment:- 1. A new sub-paragraph, labeled ?E,? is introduced after sub-paragraph D in paragraph 1 (Permission to persons resident outside India) of Schedule 1 (Purchase and sale of debt instruments by a person resident outside India) . This sub-paragraph grants permission to persons resident outside India who maintain a rupee account, as per regulation 7(1) of the Foreign Exchange Management (Deposit) Regulations, 2016. It allows them to purchase or sell dated Government Securities and treasury bills, subject to terms and conditions specified by the Reserve Bank. 2. In paragraph 2 (Mode of Payment) of Schedule 1, a new clause ?4A? is added. This clause clarifies that the consideration for the purchase of dated Government Securities/treasury bills under sub-paragraph (E) of paragraph 1 should be paid out of funds held in the rupee account maintained under regulation 7(1) of the Foreign Exchange Management (Deposit) Regulations, 2016. 3. Another significant addition was made to paragraph 4 (Remittance/ credit of sale/ maturity proceeds) of Schedule 1. A new clause ?2A? was introduced, stipulating that the sale or maturity proceeds (net of applicable taxes) of instruments held by persons resident outside India with a rupee account under regulation 7(1) of the Foreign Exchange Management (Deposit) Regulations, 2016, shall be credited to the same rupee account.

Upgrade to paid version to access the Notification, Circular & Rules along with the checklist

Get Legal Updates in your email

Request a Demo

Recent Posts in Corporate Laws

Corporate Laws

CDSL issues communique regarding United Nations Security Council (UNSC) Committee with respect to removal of three entries

29-Oct-2026 | CDSL/PMLA/DP/POLCY/2026/761

CDSL has issued communique regarding United Nations Security Council (UNSC) Committee with respect to removal of three entries Through this

Read More
Corporate Laws

BSE issues circular regarding Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1267/ 1989 ISIL (Da'esh) & Al-Qaida Sanctions List: Removal of 03 Entries and Amendment of 03 Entries

30-Oct-2026 | 20261030-2

BSE has issued circular regarding Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1267/ 1989 ISIL (Da'esh) & Al-Qaida

Read More
Corporate Laws

SEBI issues press release regarding Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1267/ 1989 ISIL (Da'esh) & Al-Qaida Sanctions List: Removal of 03 Entries and Amendment of 03 Entries

28-Oct-2026 | Press Release

SEBI has issued press release regarding Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1267/ 1989 ISIL (Da'esh) & Al-

Read More
Corporate Laws

BSE issues circular regarding Release of “National Strategy for Financial Inclusion (NSFI) 2025–30” by RBI

28-Oct-2026 | 20261028-20

BSE has issued circular regarding Release of “National Strategy for Financial Inclusion (NSFI) 2025–30” by RBI Through t

Read More

Recent Posts

Legal

Rajasthan Amends Legal Metrology Rules to Mandate High-Accuracy Weighing Instruments for Gold, Silver and Precious Metals

29-Oct-2026 | G.S.R.77

The Government of Rajasthan has amended the Rajasthan Legal Metrology (Enforcement) Rules, 2011, by inserting Rule 9(3A). The amendment mand

Read More
Legal

Punjab Government Extends Exemption for Existing Industries in Non-Conforming Zones of Notified Master Plans

28-Oct-2026 | SEE(HQ-2)/F.No. 203/2026 24056-74

The Punjab Government has exempted existing industries operating in non-conforming zones of 24 notified Master Plans across the state from t

Read More
Labour Laws

Tripura Government Fixes Minimum Daily Base Wage Rate at ₹450

29-Oct-2026 | F.22(80)-LAB/ENF/CoW/2025/Part-I/6608-10

The Government of Tripura, Labour Department, has fixed the minimum daily base wage rate at ₹450, effective from 1 April 2027. The rat

Read More
Corporate Laws

CDSL issues communique regarding United Nations Security Council (UNSC) Committee with respect to removal of three entries

29-Oct-2026 | CDSL/PMLA/DP/POLCY/2026/761

CDSL has issued communique regarding United Nations Security Council (UNSC) Committee with respect to removal of three entries Through this

Read More
Request a Demo

Request a Demo

By clicking Submit, you acknowledge that you have read and agree with the Privacy Policy

Complinity Logo Transparent

Complinity is a comprehensive cloud-based Compliance Management Software that helps track and monitor statutory and regulatory compliances.

Quick Links
  • Compliance Software
  • Regulatory Compliance Software
  • Statutory Compliance Software
  • Compliance Tracking Software
  • Legal Updates
Contact Info
Unit 266, 267 & 268, Tower B1
Spaze Itech Park, Sohna Road
Gurugram, Haryana 122018
connect@complinity.com
+91 8181 900 600

Request a Demo

© 2026 Complinity Technologies Private Limited. | Privacy Policy | Data Processing Addendum

Design & Developed By  Infinite IT Solutions

Request a Demo

By clicking Submit, you acknowledge that you have read and agree with the Privacy Policy
Powered by EssentialPlugin

Request a Demo

By clicking Submit, you acknowledge that you have read and agree with the Privacy Policy

Thank You for your interest in Complinity. Your CV has been forwarded to HR.
In case your profile is shortlisted, HR shall contact you.