Reporting of Foreign Direct Investment (FDI) received by regulated entities in IFSC

PRESS RELEASE Reporting of Foreign Direct Investment (FDI) received by regulated entities in IFSC 1.The Reserve Bank of India has today, in consultation with the Authority, revised the answers to question nos. 43, 44 and 45 of the “FAQs on Annual Return on Foreign Liabilities and Assets (FLA) under FEMA, 1999”. An additional question no.46 and the reply to the same has also been added to the abovementioned FAQs. 2. The FAQs, inter alia, clarify that: a) While FDI norms do not apply to investments made in regulated entities in IFSC (REs), data relating to such investments are required for compilation of balance of payments data of India. b) Accordingly, REs would not be required to FLA return with the RBI. c) The Authority shall issue instructions to the REs for submission of necessary data for compilation of balance of payments data of India. 3. REs are advised to await further instructions of the Authority on the matter. Gandhinagar, July 1, 2026