Earlier there was an liberlised remittance scheme, in FEMA, 1999 which l am not finding right now so whether the liberlised remittance shceme has been withdrown or not ?
if any bady know regarding the same, plz clearlyfy the same
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Updation in fema act, 1999 - ca final
Replies (2)
Yeah actually there are certain changes which carried out in the Foreign Exchange management act. There might be changes in financial transactions and other formalities. I am not aware of details. If I will get any more details then I will definitely share here.
I had not seen the same topic in Munish bhandari hand book latest version as well as it was not present in answer of case study of the same
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