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Fema Ready Reckoner With Commentary (2 Volumes) at Meripustak

Fema Ready Reckoner With Commentary (2 Volumes) by S R Sridhar, Bloomsbury India

Books from same Author: S R Sridhar

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  • General Information  
    Author(s)S R Sridhar
    PublisherBloomsbury India
    Publish YearFebruary 2019


    Bloomsbury India Fema Ready Reckoner With Commentary (2 Volumes) by S R Sridhar

    About the Book

    This book seeks to provide readers with a practical insight into provisions of FEMA and associated laws in the form of commentary. General focus of exchange control laws has gradually shifted over time to compliance, reporting and documentation. Given that FEMA provides for significant penalty and prosecution; there is little room for non-compliance. This book is an attempt to provide professionals and compliance officers with essential knowledge and tools to understand and undertake the necessary compliances.

    The book provides the latest position without compromising on changes in the law that have taken place over time.  This book is an attempt to equip professionals, be it CS, CA, CMA or corporate lawyers, who are desirous of undertaking compliances or practicing on exchange control laws with requisite knowledge and expertise. It seeks to be a practical guide to interpretation and compliances under exchange control laws.

    The book promises to be the go-to resource for exchange control laws for current and would be professionals and compliance officers.

    Key features

    •    Extensive coverage of FEMA and its allied rules and regulations with Commentary.

    •    Explanation of complex concepts in a lucid manner using illustrations and examples so as to provide clarity and better understanding of the law.

    •    Diagrammatic and tabular representation of various concepts for simple and quick understanding.

    •    Provides pertinent answers to issues not explicitly defined by law but clarified through practice or interpretation of regulators.

    •    Comprehensive coverage of:

    (i)   FEMA & Allied Acts:

    –    Foreign Exchange Management Act, 1999

    –    Foreign Contribution (Regulation) Act, 1976

    –    Foreign Exchange Regulation Act, 1973

    –    Conservation of Foreign Exchange and Prevention of Smuggling Activities Act, 1974

    –    Foreign Trade (Development and Regulation) Act, 1992

    –    Prevention of Money Laundering Act, 2002

    –    Smugglers  and  Foreign  Exchange Manipulators  (Forfeiture of Property) Act, 1976

    (ii)   Rules and Regulations issued under FEMA Act, 1999

    (iii)  Forms

    (iv)  FAQs issued by Reserve Bank of India

    (v)   Press Notes

    (vi)  Notifications issued under FEMA

    (vii) AP DIR Circulars

    (viii)           Master Directions

    About the author

    This book would not have been possible without the strong support of my well-wishers and colleagues who gave their precious time and contributions to this book despite their busy schedules.

    In particular, I thank Maadhavan MP for his infinite enthusiasm and support. Maadhavan has shown a distinct acumen to understand and evaluate exchange control law. I have been able to realise his ability in writing this book. I thank him for his ideas and insight in making this book simple and reader friendly and for doing most of the spade work for me. Despite high work pressure, I have been able to materialise the plan of writing this book; but for Maadhavan’s help, this book would not have been able to be completed within the time frame.

    I thank my partners and leaders at Grant Thornton India LLP who encouraged me to take this task up. My entire team especially Pranaav Murali, Sreeraman V, Subiksha Vinayagam, Kalyanaraman Sridhar, Aishwarya Vasudevan, Mohamed Nafees and Ganapathy Subramaniam for their ardent efforts in completing this 1st Edition. They have worked tirelessly to draft, edit and fine tune this book with insights which you will find very handy. Without their unfailing enthusiasm and meticulous review, I would not have been able to complete this edition. I also thank them for painstaking efforts in preparing write-ups and flow charts tables.

    I wish to thank Divya Ashta and Radhika Jain for their independent insights over time without which this book would not have been complete. I admire the depth of their knowledge and wisdom.

    My gratitude goes out to the publishers of this book, Bloomsbury India and all the fine people in the editorial team, including Toby Thomas and Komal Chadha. They have been extremely patient and have put in an equal amount of time and efforts to perfect this publication.

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