Foreign Exchange Management (Non-debt Instruments) Rules 2019

The Department of Economic Affairs (DEA) has recently amended the Foreign Exchange Management (Non-debt Instruments) Rules 2019, following the announcements made in the Union Budget 2024-25. This amendment is part of the Indian government’s ongoing effort to enhance the ease of doing business in the country and to create a more investor-friendly environment. The changes are expected to simplify regulations surrounding Foreign Direct Investment (FDI) and overseas investments, thereby promoting economic growth and attracting foreign capital.