Foreign Exchange Management Act, 1999
GPTKB entity
Statements (27)
Predicate | Object |
---|---|
gptkbp:instanceOf |
Indian legislation
|
gptkbp:abbreviation |
gptkb:FEMA
|
gptkbp:administeredBy |
gptkb:Reserve_Bank_of_India
|
gptkbp:appliesTo |
whole of India
all branches, offices, and agencies outside India owned or controlled by a person resident in India |
gptkbp:category |
gptkb:legislation
|
gptkbp:dateEnacted |
1999
|
gptkbp:enactedBy |
gptkb:Parliament_of_India
|
gptkbp:enteredIntoForce |
1 June 2000
|
gptkbp:focus |
liberalization of foreign exchange controls
management of foreign exchange |
https://www.w3.org/2000/01/rdf-schema#label |
Foreign Exchange Management Act, 1999
|
gptkbp:penaltiesUnder |
civil penalties
|
gptkbp:purpose |
facilitate external trade and payments
promote orderly development and maintenance of foreign exchange market in India |
gptkbp:relatedTo |
remittances
foreign investment cross-border transactions export and import of currency foreign currency accounts |
gptkbp:repealedBy |
gptkb:Foreign_Exchange_Regulation_Act,_1973
|
gptkbp:replacedBy |
gptkb:Foreign_Exchange_Regulation_Act,_1973
|
gptkbp:section |
49
|
gptkbp:type |
commercial law
|
gptkbp:website |
https://dea.gov.in/acts-rules/foreign-exchange-management-act-1999
|
gptkbp:bfsParent |
gptkb:Enforcement_Directorate
|
gptkbp:bfsLayer |
6
|