Category: FEMA

  • Liberalised Remittance Scheme(LRS)

    Liberalised Remittance Scheme(LRS)
  • Foreign Exchange (Compounding Proceedings) Rules, 2024

    Foreign Exchange (Compounding Proceedings) Rules, 2024

    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

    ODI & FDI -FEMA /RBI

    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…

  • FFMC LIENCE UNDER FEMA -RBI

    FFMC LIENCE UNDER FEMA -RBI

    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…