𝗜𝗺𝗽𝗼𝗿𝘁𝗮𝗻𝘁 𝗷𝘂𝗱𝗴𝗺𝗲𝗻𝘁- 𝗠𝗮𝗱𝗿𝗮𝘀 𝗛𝗶𝗴𝗵 𝗖𝗼𝘂𝗿𝘁 𝗖𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗶𝗻𝗴 𝗘𝗗’𝘀 𝗦𝗵𝗼𝘄 𝗖𝗮𝘂𝘀𝗲 𝗡𝗼𝘁𝗶𝗰𝗲 𝗳𝗼𝗿 𝗔𝗹𝗹𝗲𝗴𝗲𝗱 𝗙𝗘𝗠𝗔 𝗩𝗶𝗼𝗹𝗮𝘁𝗶𝗼𝗻- 𝗿𝗲𝗮𝘀𝗼𝗻𝗮𝗯𝗹𝗲 𝘁𝗶𝗺𝗲 𝗳𝗼𝗿 𝗶𝗻𝗶𝘁𝗶𝗮𝘁𝗶𝗻𝗴 𝗽𝗿𝗼𝗰𝗲𝗲𝗱𝗶𝗻𝗴𝘀 🎯 𝗞𝗲𝘆 𝗣𝗼𝗶𝗻𝘁: Court addressed writ petitions challenging complaints and show cause notices related to alleged 𝘃𝗶𝗼𝗹𝗮𝘁𝗶𝗼𝗻𝘀 𝗼𝗳 𝘁𝗵𝗲 𝗙𝗼𝗿𝗲𝗶𝗴𝗻 𝗘𝘅𝗰𝗵𝗮𝗻𝗴𝗲 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 𝗔𝗰𝘁 (FEMA) and TISPRO. The ED initiated the proceedings in 2021 for the alleged…

Department of Economic Affairs notifies Foreign Exchange (Compounding Proceedings) Rules, 2024 in pursuance of Union Budget 2024-25 announcements. These Rules supersede the Foreign Exchange (Compounding Proceedings) Rules, 2000. New amendments will simplify and update the provisions towards ‘ease of investment’ and ‘ease of doing business In pursuance of the Union Budget 2024-25 announcement by Union…

ODI & FDI- FEMA/ RBI (OVERSEAS AND FOREIGN DIRECT INVESTMENT) RBI/ FEMA- Investments made from India and into India–ODI/ FDI Considering the severe penalties on procedural lapses and strict interpretation of foreign exchange laws by the judiciary, one which has a close connection commercially with India such as Mauritius, Singapore, or Dubai, the ODI and…

SINCE THE INITIATION OF THE ECONOMIC LIBERALISATION PROCESS IN 1991, BUSINESS BOUNDARIES ARE DISAPPEARING VERY FAST AND THE WORLD,  BECOMING  ONE  MARKET PLACE, PROFESSIONAL AVENUES HAVE OPENED UP BOTH FOR DOMESTIC AND OVERSEAS CLIENTS. THERE IS AMPLE OPPORTUNITIES AND SCOPE FOR CAS UNDER  THE  FOREIGN EXCHNAGE MANAGEMENT ACT (FEMA). MONEY CHANGING ACTIVITIES -FEMA The objective…