Description
Taxmann Publications Foreign Exchange Management Manual 38th Edition by Taxmann
The Foreign Exchange Management Act (FEMA) consolidates the law relating to foreign exchange. The objective of the FEMA is to facilitate external trade and payments and promote the orderly development and maintenance of foreign exchange markets in India. Though the Reserve Bank of India (RBI) exercises overall control over foreign exchange transactions, enforcement of FEMA has been entrusted to the 'Directorate of Enforcement'.
The RBI frequently issues Rules, Regulations, and Notifications on various matters. Any change in such Rules or policy is communicated during the year by way of Circulars/Press Releases. Further, the RBI issues the Master Directions to consolidate Instructions on Rules and Regulations framed under various Acts, including foreign exchange transactions.
Taxmann's Foreign Exchange Management Manual is a compendium of Amended, Updated & Annotated text of the following laws:
Foreign Exchange Management Act, 1999
Foreign Contributions
Prevention of Money Laundering
Foreign Direct Investment (FDI) Policy
What sets this book apart is the unique way of presenting the Annotated, Amended & Updated text of the above Laws along with the following under each Section:
Foreign Exchange Management Act, 1999 (FEMA)
Relevant Rules & Regulations framed under FEMA
Notifications issued under FEMA
Master Directions
Memorandum of Instructions
Foreign Contributions
Relevant Rules & Regulations
Standard Operating Procedure
Frequently Asked Questions
Case Laws Digest
Prevention of Money Laundering
Relevant Rules & Regulations
Relevant Notifications
Relevant Directions
EURO Issue, Issue of Foreign Currency Convertible Bonds, Ordinary Shares through Depository Receipt Mechanism, Issue of Foreign Currency Exchange Bonds
Allied Acts/Rules & Guidelines
Foreign Direct Investment (FDI) Policy
Relevant Circulars (2017-2021)
Summary Table of Section-wise FDI Policy
Along with the above, this book also features the following:
FEMA and FDI Ready Reckoner (Subject-wise Practical Guide to the Law/500+ Pages)
Case Law Digest
FEMA
Foreign Contribution (Regulation) Act, 1976
Foreign Contribution (Regulation) Act, 2010
Foreign Exchange Regulation Act, 1973
Law relating to Foreign Contributions
Law relating to Prevention of Money Laundering
The Present Publication is the 38th Edition, authored by Taxmann's Editorial Board, updated till 30th June 2021. This book is divided into fifteen divisions:
FEMA Glossary
Foreign Exchange Management Act, 1999
Rules & Regulations under FEMA
Notifications under FEMA
Master Directions
Memorandum of Instructions
Foreign Contributions
Prevention of Money Laundering
EURO Issue, Issue of Foreign Currency Convertible Bonds, Ordinary Shares through Depository Receipt Mechanism, Issue of Foreign Currency Exchange Bonds
Allied Acts/Rules & Guidelines
Foreign Direct Investment Policy
Tribunal, Appellate Tribunal and other Authorities
FEMA & FDI Ready Reckoner
FEMA Case Laws Digest
RBI's Circulars & Clarifications
Appendix
Relevant Provisions of Exchange Control Manual
Foreign Exchange Regulation Act, 1973
FEDAI Rules
Asian Clearing Union (Procedure) Rules