About this document
Foreign Exchange Management Act, 1999 by Sudhir Kochhar Fema Author is a document available to read on EtoBox.
The Foreign Exchange Management Act, 1999 consolidates and amends laws relating to foreign exchange in India. It aims to facilitate external trade and payments and promote an orderly foreign exchange market. Key terms defined include capital account and current account transactions, foreign exchange, authorized persons, import and export. The Act applies to Indian residents and branches/agencies of Indian entities located abroad. It is administered by authorities like the Directorate of Enforcement and Appe
- Author
- Sudhir Kochhar Fema Author
- Language
- EN