RBI issued an update to the Master Direction -

Jun 30, 2026 | by TeamLease RegTech Legal Research Team

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Finance & Taxation Compliance The Reserve Bank of India (RBI) on June 29, 2026, issued an update to the Master Direction - Remittance of Assets.

The update is primarily a consequential amendment to align the Master Direction with the latest FEMA (Deposit) (Sixth Amendment) Regulations, 2026. It clarifies and facilitates the remittance of funds arising from assets inherited outside India, while the rest of the operational provisions of the Master Direction remain unchanged.

[Notification no. - RBI/FED/2015-16/8 FED Master Direction No. 13/2015-16]

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