Annual filing of foreign direct investment with RBI

All Companies having foreign directinvestment and which have made overseas direct investment has to file AnnualReturn on foreign liabilities and assets with RBI. The Reserve Bank of India has revised the format of Return which is required to be mailed to the RBI. Non-filingor delay in filing of the same is violation of Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000. New format of Annual return is available at RBI web-site.