FLA Return of RBI Explained — Companies Next

Alisha Joy02 Dec, 2024Finance

The Annual FLA (Foreign Liabilities and Assets) Return is a mandatory compliance requirement for Indian companies receiving Foreign Direct Investment (FDI) or making overseas investments during a financial year. Governed by the Reserve Bank of India (RBI) under the Foreign Exchange Management Act (FEMA), the FLA return ensures transparency in reporting cross-border financial transactions.