Monday 15 July 2019

Extension of due date for Annual Return on Foreign Liabilities and Assets (FLA) filing


Reserve Bank of India (RBI) in furtherance to notification RBI/2018-19/226 A.P. (DIR Series) Circular No. 37[1] relating to FLA new reporting system (Reporting in Foreign Liabilities and Assets Information Reporting (FLAIR) system) have further announced[2] that in view of the recent change in the reporting platform for submission of FLA return, the last date for FLA filing for the reporting year 2018-19 has been extended upto 31st July 2019.

Thus, the due date for submission of FLA only for reporting year 2018-19 shall be 31st July 2019

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