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In exercise of the powers conferred by section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) and consequent to the Foreign Exchange Management (Non-Debt Instrument) Rules, 2019, the Reserve Bank makes the following regulations relating to mode of payment and reporting requirements for investment in India by a person resident ...
Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) (Amendment) Regulations, 2024. 83 kb. Dec 22, 2023. Foreign Exchange Management (Manner of Receipt and Payment) Regulations, 2023. 147 kb. Aug 22, 2022. Foreign Exchange Management (Overseas Investment) Regulations, 2022. No. FEMA 400/2022-RB.
August 22, 2022. Foreign Exchange Management (Overseas Investment) Regulations, 2022. In exercise of the powers conferred by sub-section (1) and clause (a) of sub-section (2) of section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), the Reserve Bank hereby makes the following regulations, namely:–. 1.
Foreign Exchange (Compounding Proceedings) Rules, 2000. 3. Foreign Exchange Management (Adjudication Proceedings and Appeal) Rules, 2000. 4. Foreign Exchange Management (Current Account Transactions) Rules, 2000. 5. Foreign Exchange Management (Encashment of Draft, Cheque, Instrument and payment of interest) Rules, 2000. 6.
F.E.M. (Acquisition and Transfer of Immovable Property in India) Regulations, 2018. FEMA.21 (R)/2018-RB. G.S.R. 280 (E) F.E.M. (Establishment in India of a branch office or a liaison office or a project office or any other place of business) Regulations, 2016. FEMA 22 (R)
1. Short title, extent, application and commencement. 2. Definitions. CHAPTER II REGULATION AND MANAGEMENT OF FOREIGN EXCHANGE. 3. Dealing in foreign exchange, etc. 4. Holding of foreign exchange, etc. 5. Current account transactions. 6. Capital account transactions. 7. Export of goods and services. 8.
FEMA is a regulatory mechanism that enables the Reserve Bank of India to pass regulations and the Central Government to pass rules relating to foreign exchange in tune with the Foreign Trade policy of India.
FEMA regulations, including new FEMA rules, govern foreign investments and ensure compliance with legal standards. A FEMA act violation, can lead to severe penalties under FEMA, emphasising the importance of FEMA compliance.
Section 1. Short title, extent, application and commencement. Section 2. Definitions. Section 3. Dealing in foreign exchange, etc. Section 4. Holding of foreign exchange, etc. Section 5. Current account transactions. Section 6. Capital account transactions. Section 7. Export of goods and services. Section 8.
Prohibition on drawal of Foreign Exchange - Drawal of foreign exchange by any person for the following purpose is prohibited, namely : a transaction specified in the Schedule I; or. a travel to Nepal and / or Bhutan; or. a transaction with a person resident in Nepal or Bhutan.
