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Showing posts from May, 2024Show All
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Economics
FEMA
The Foreign Exchange Management Act (FEMA): A Comprehensive Guide The Foreign Exchange Management Act (FEMA), enacted in 1999, is a pivotal piece of legislation governing foreign exchange transactions in India. It replaced the Foreign Exchange Regulation Act ( FERA ) of 1973, ushering in a more liberalized approach to managing India's foreign exchange reserves. …
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