Foreign Exchange Management Act

FEMA is the short title of Foreign Exchange Management Act. The name itself is quite clear to indicate that FEMA come into picture only when there is some foreign exchange involved. It is a highly complex and vast area of understanding, which has serious implications upon non compliance.

There are several different type of transactions mainly bifurcated into Current account transactions and Capital account transactions, each of which have several individual limits. These different transactions are further classified into Automatic route transaction Vs Approval route transaction based on their permissibility.

But simple rule remains

ANY Foreign exchange = Need to check for FEMA regulations / compliance,

And we cater to any such client requirement. Our services hereunder also include any kind of RBI registration or permission.

292153 Times Visited