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Seminar on understanding FEMA regulations and compliance

Updated: Jul 28, 2015 04:27:48pm
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New Delhi, July 28 (KNN) In order to provide in depth information on Foreign Exchange Management Act (FEMA) guidelines, the Federation of Indian Export Organisations (FIEO) is organising a seminar on ‘Understanding FEMA Regulations and Compliance’ in Hyderabad July 30, 2015.

FEMA has an aim to facilitate external trade and payments for promoting the orderly development and maintenance of foreign exchange markets in India.

In keeping with the move towards liberalization of Indian economy, the Reserve Bank of India (RBI) has undertaken substantial elimination of licensing, quantitative restrictions and other regulatory and discretionary controls.

The seminar will focus in detail about all aspects governing foreign exchange management including legal framework, overseas investments, liberalised remittance scheme and external commercial borrowings.

Senior level officials from RBI will make comprehensive presentation and interact with participants o­n the occasion. (KNN Bureau)

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