Foreign Exchange Management (FEMA)
On liberalization of investments into business activities, the importance of foreign exchange is playing vital role in sources of business operations from a decade onwards. But the government shows an eagle eye on foreign exchange transactions by framing Foreign Exchange Management Act (FEMA). The N D KUMAR & CO virtuous team having good exposure in this aspect handles the regulations to be complied with as per FEMA & RBI. A few areas of focus are:
- Consultancy/ advice on FEMA/RBI matters.
- Filing of FC-GPR and FC-TRS
- Getting FIFP and Government Approval
- Advisory on inbound and Outbound investments
- Consultancy on Rising of ECB'S
- Compounding of Offences
- Representations before RBI