Join | Sign In
< Back to questions :: Q&A / B2B / Toys and Games

FEMA meaning

Toys and Games
From India
To Spain
120 views / 0 experts
Rayyan Z.
Dec 28, 2020

What is FEMA?

1 answer

Leon L.
Dec 28, 2020

Foreign Exchange Management Act or in short (FEMA) is an act that provides guidelines for the free flow of foreign exchange in India. It has brought a new management regime of foreign exchange consistent with the emerging frame work of the World Trade Organisation (WTO). Foreign Exchange Management Act was earlier known as FERA (Foreign Exchange Regulation Act), which has been found to be unsuccessful with the proliberalisation policies of the Government of India.

read more
Raymond Yang
Raymond Y.
Leon Lacroix
Leon L.
Amber Stellingwerf
Amber S.
This website uses cookies. By using this website, you consent to our use of these cookies