Foreign Exchange Management Act, 1999 (FEMA): Basic Understanding

Ajay Mishra , Last updated: 25 April 2012 Share Follow on Google News

INTRODUCTION A system of exchange control was first time introduced through a series of rules under the Defense of India Act, 1939 on temporary basis. The foreign crises persisted for a long time and finally it got enacted in the statute under the title Foreign Exchange Regulation Act, 1947

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About the Author

Ajay Mishra

Company Secretary

I am Company Secretary and Compliance Officer of Company doing business in Media Sector and FM Radio. I am dealing with all works relating to Secretarial and work relating to Ministry of Information and Broadcasting (MIB). Gurpurb Dee Lakh Lakh Wadai !! Facebook ARTICLES: 1. Procedure for Appointme ... Read more

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