Warning: session_start() [function.session-start]: Cannot send session cookie - headers already sent by (output started at /home/hyder/public_html/index.php:1) in /home/hyder/public_html/libraries/joomla/session/session.php on line 423

Warning: session_start() [function.session-start]: Cannot send session cache limiter - headers already sent (output started at /home/hyder/public_html/index.php:1) in /home/hyder/public_html/libraries/joomla/session/session.php on line 423

Warning: Cannot modify header information - headers already sent by (output started at /home/hyder/public_html/index.php:1) in /home/hyder/public_html/libraries/joomla/session/session.php on line 426
What is Foreign Exchange Management Act (FEMA)?
You are here:   Home Real Estate terms and Concepts What is Foreign Exchange Management Act (FEMA)?
What is Foreign Exchange Management Act (FEMA)? PDF Print E-mail

Residential status and nature of transaction i.e. capital account transaction (e.g. purchase/ sale of shares, property) or current account transaction (e.g. remittance of income on shares, property) are the cornerstones of FEMA. Under FEMA, certain types of transactions do not require RBI permission while others either require prior approval of RBI/ Government or it is mandatory to inform RBI of the same. 

 

Login Form