Exclusive lecture on Overseas investment by Adv. Anil Harish

By Accommodation Times Bureau FEMA (Foreign Exchange Management Act) 1999, governs any cross-border monetary transaction either to or from India. Previously, there was a Foreign Exchange Regulation Act (FERA) to impose strict regulations on certain kinds of payments, the dealings in foreign exchange (forex)and securities. FERA did not succeed in restricting activities such as the