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...Frequently asked questions of non resident indian and preface fema act introduction part a b indians nri person origin pio overseas corporate bodies facilities available for to liberalised remittance scheme lrs usd bank accounts deposits rupee nro account nre fcnr loans against investment in securities shares direct without repatriation with c company miscellaneous power attorney nomination features at glance various deposit tax list foreign correspondent banks inward remitting tips after the review exchange regulations significant developments have taken place such as substantial increase country s reserves growth trade rationalization tariffs current convertibility liberalization investments abroad increased access external commercial borrowings by participation institutional investors major stock markets etc taking into consideration above facts central government decided introduce management repeal view consolidate amend law relating objectives facilitating payments promoting order...