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

Ajay Mishra , Last updated: 25 April 2012  
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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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Published by

Ajay Mishra
(Company Secretary)
Category Corporate Law   Report

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