6 Replies to “Foreign Exchange and Management Act, 1999”

  1. Indian company supply goods to another Indian Company on behalf of a Foreign company. Foreign Company authorised indian company to pay/discharge its liability in INR to the Indian COmpany. Can this arrangement is permisible under FEMA.

  2. The difference what is given in the essay is just opposite, in the place of FEMA it should be FERA and vice versa.

  3. Difference between FERA & FEMA is wrong. Details of difference are mentioned on wrong heads. Pls do the needful corrections.

  4. current account transaction is wrong. iin this artical current account transaction and capital account transaction is containing same meaning.

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