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May 2017Reporting Guidance ARF 223.0 Residential Mortgage Lending This reporting guidance is to assist AIDS in reporting the information required by Reporting Form ARF 223.0 Residential Mortgage Lending
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ARF223 stands for Annual Return of Foreign Liabilities and Assets. It is a form that needs to be filed by Indian residents who have foreign assets and liabilities.
Indian residents who have foreign assets and liabilities exceeding certain thresholds are required to file ARF223.
ARF223 can be filled out online on the Reserve Bank of India's website by providing information about foreign assets and liabilities.
The purpose of ARF223 is to monitor and regulate foreign assets and liabilities of Indian residents.
Information such as details of foreign bank accounts, properties, investments, and loans must be reported on ARF223.
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