March 19, 2026

Submitted By: Saurabh Kesarwani

FAQs on Annual Return on Foreign Liabilities and Assets (FLA) under FEMA 1999

FAQs on Annual Return on Foreign Liabilities and Assets (FLA) under FEMA, 1999 These FAQs explain the requirement prescribed by the Reserve Bank of India for eligible Indian entities to file the Annual Return on Foreign Liabilities and Assets (FLA) under the Foreign Exchange Management Act, 1999 (FEMA). They clarify the applicability, reporting entities, coverage of foreign direct investment and overseas investment, reporting timelines, submission process, and consequences of non-compliance, supporting accurate and timely reporting of India’s external sector data.