MBA –III Semester, MB 302, LEGAL ASPECTS OF BUSINESS Unit: 5 Topic: FEMA Dr. Faryas Kausar Ansari Page | 1 Foreign Exchange Management Act (FEMA) Foreign Exchange Management Act, 1999 (FEMA) came into force by an act of Parliament. It was enacted on 29 December 1999. This new Act ...
Articles Fathoming FEMA {Overview of Provisions of Foreign Exchange Management Act, 1999 (FEMA) and Rules and Regulations there under} Rajkumar S Adukia, ACS, Mumbai. e-mail : The complicated Foreign Exchange Regulation Act, 1973 has been repealed and rajkumarfca@gmail.com replaced by a much simplified Foreign Exchange Management Act, 1999. The ...
BIRD’S EYE VIEW OF FEMA By CA D S Vivek & CA Chandra Shekar B D Introduction The Indian government has formulated the Foreign Exchange Management Act (FEMA), which relates to the management of exchange in the country. FEMA has assisted the country by managing the foreign exchange ...
Main Features of the Foreign Exchange Management Act (FEMA) The Foreign Exchange Management Act (FEMA) was an act passed in the winter session of Parliament in 1999, which replaced Foreign Exchange Regulation Act. This act seeks to make offences related to foreign exchange civil offences. It extends to the whole ...
FORGEIN EXCHANGE MANAGEMENT ACT, 1999 - INTRODUCTION 2 Bare Act Object of the Act Reason for Replacement of FERA, 1973 Comparison of FERA and FEMA Structure of FEMA Authorities Under FEMA Definitions Advance Your Knowledge Self Test Questions EXPECTED MARKS COVERAGE (15 to 20) Arbitration and Conciliation 21 Space for ...
APPELLATE TRIBUNAL, FOREIGN EXCHANGE MANAGEMENT ACT AT NEW DELHI Date of Decision:- 21.12.2018 MP-115/DLI/2018(Exem) MP-104/DLI/2018(Misc) FPA-FE-10/DLI/2018 M/s. L.G. Electronics India Pvt. Ltd. & Anr. Appellant Versus The Joint Director Directorate of Enforcement, Delhi Respondent Advocates/Authorized Representatives who appeared For the appellant : Shri R ...
RESERVE BANK OF INDIA (FOREIGN EXCHANGE DEPARTMENT) CENTRAL OFFICE Mumbai 400 001 Notification No. FEMA 20(R)/ 2017-RB November 07, 2017 Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2017 In exercise of the powers conferred by clause (b) of sub-section (3) of section ...
PROVISIONS OF INCOME-TAX LAW AND FEMA USEFUL FOR NON-RESIDENTS In this part you can gain knowledge about various provisions of Income-tax Law and Foreign Exchange Management Act, 1999 (FEMA) which are useful to a non-resident. The first part deals with provisions of Income-tax Law and the second part deals with ...
RESERVE BANK OF INDIA FOREIGN EXCHANGE DEPARTMENT CENTRAL OFFICE Mumbai 400 001 Notification No. FEMA 5(R)/2016-RB April 01, 2016 (Amended upto November 13, 2019) (Amended upto July 16, 2019) (Amended upto November 09, 2018) Foreign Exchange Management (Deposit) Regulations, 2016 In exercise of the powers conferred by clause (f) of ...
5/8/2018 Income Tax Department FOREIGN EXCHANGE MANAGEMENT (PERMISSIBLE CAPITAL ACCOUNT * TRANSACTIONS) REGULATIONS, 2000 FEMA 1/2000-RB, dated 3-5-2000 [GSR 384(E), dated 3-5-2000] - In exercise of the powers conferred by subsection (2) of section 6, sub-section (2) of section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) ...
5/8/2018 Income Tax Department FEM (ACQUISITION AND TRANSFER OF IMMOVABLE PROPERTY OUTSIDE INDIA) REGULATIONS, 2015 NOTIFICATION [NO.FEMA 7(R)/2015-RB]/GSR 95(E), DATED 21-1-2016 In exercise of the powers conferred by clause (h) of sub-section (3) of section 6, sub-section (2) of section 47 of the Foreign Exchange Management Act, 1999 (42 ...
FREQUENTLY ASKED QUESTIONS OF NON RESIDENT INDIAN AND RESIDENT INDIAN PREFACE FEMA ACT 1999 (Introduction) PART – A PART - B NON RESIDENT INDIANS(NRI) / PERSON OF INDIAN ORIGIN(PIO) RESIDENT INDIANS (Introduction) (Introduction) 1. Overseas Corporate Bodies - Facilities available for Resident Indians 2. Facilities available to Non Resident Indian ...
Applicability of FEMA CA. Rajkumar S Adukia B.Com(Hons.) FCA, ACS,MBA, AICWA, LLB ,Dip In IFRS(UK) rajkumarfca@gmail.com www.caaa.in 9820061049/9323061049 To receive regular updates kindly send test email to rajkumarfca-subscribe@yahoogropups.com The Foreign Exchange Management Act, 1999 was enacted to consolidate and amend the law relating ...