Description
Bloomsbury India Foreign Exchange Operations Under Fema (Second Edition) by Sudhir Kochhar
About the Book
The book is drafted keeping in mind the needs of banking professionals preparing for CertificateCourse in Foreign Exchange (“CCFE”) and Certificate in Trade and Finance (“CITF”) conducted by theIndian Institute of Banking and Finance (“IIBF”) and Chartered Accountants and Company Secretaries.
This book specifically deals with foreign exchange matters. It aims to provide clarity on fundamentalsof foreign exchange laws under Foreign Exchange Management Act, 1999 (“FEMA”) and allied laws. Itcovers complex concepts in a concise manner and covers all the important areas under FEMAoperations.
The book would also be immensely helpful to bankers at all stages of their carrier and otherprofessionals in grasping the foreign exchange matters quickly. The book would also be helpful formanagement courses in international business.
Key highlights
• Comprehensive coverage of the following key fundamentals of foreign exchange operations:
– Provisions of FEMA & FCRA.
– Basic concept of Letter of Credit and other documents used in Export & Import.
– FEDAI Rules.
– Fundamentals in Exchange Rate and its mechanism in India.
– Capital Account transactions – ECB, FDI, ODI and LO/BO/PO.
– Forward Contracts.
– Non-Residents.
– Summary of Foreign Trade Policy 2015–20.
– LRS & Miscellaneous Remittances.
– Foreign Currency Accounts.
– Export Finance – PCFC.
– Merchanting Trade.
• Various concepts are explained using diagrams and tables.
• Section wise explanation of various provisions of FEMA and allied law.
• 200+ CCFE examination oriented MCQs for practice.
• 7 Model Question Papers covering 300+ MCQs for CCFE examination.
• 250+ FAQs addressing various FEMA issues.
• URL providing further Model Questions, FEMA Regulations, Master Directions and selected important AP DIR circulars.
About the Author
Sudhir Kochhar has extensive experience of over 15 years in the field of Banking & Corporate Laws. He has worked with companies like HDFC Bank, Kotak Bank, and Corporates Like Valvoline Cummins Ltd and Pricewaterhouse Coopers.
Sudhir Kochhar has been passionate about trade finance since he has started his career in Banking.
He is a Banker dealing primarily in foreign exchange. He is currently working in Axis Bank since 2008 as a Senior Manager, handling Internal Audits for Forex.
He is also a member of Indian Institute of Banking and Finance (IIBF), based out of New Delhi.
He is Post Graduate in M.Com and MBA (International Business).
He has passed out various certifications in Foreign exchange from IIBF like JAIIB, CAIIB, CITF and CCFE.
He has gain exposure in the field of FEMA during the CS professional course and LL.B.
He has earlier authored 7 books for IGNOU management courses.