FEATURES OF FEMA.
. It will facilitate trade rather than prevent misuse of
· Definitions of capital account transaction and current
account transaction have been introduced keeping in mind the
possibility of introduction of capital account
convertibility in the near future.
· All current account transactions shall be allowed
(subject to reasonable restrictions). Reserve Bank to
classify those capital account transactions that are to be
permitted and to regulate transfer and issue of foreign
securities by a resident in/outside India as well as setting
up of branches/offices by foreign companies in India.
· All key sections relating to dealings, holding and
payments in foreign exchange and exports have been simplified.
· Liberalization in enforcement provisions reflects that
the attitude is of putting trust in the persons covered
|Is This Answer Correct ?||19 Yes||11 No|
whether sales tax can be levied on pre operative expenses
Why you want to work with the Prosecutor's Office?
If we have to make bill of Stock transfer from our interstate branch (like Chennai) what type of invoice we have to prepare tax or retail ?
Reflect on an occasion when you challenged a belief or idea, what made you do this and what was the outcome about mental health law and human right ?
Which article contains fundamental duties ?
what will be the Journal entry for, Goods sold to james on credit for rupees 20,000.?
describe any three types of road in india
Do you think you have to undergo training for advocacy?
DIFFERNTIATE MEMBER AND A SHAREHOLDER
In which form i will pay Customs duty and customs cess
How do you think the House of Lords should be reformed?
WHO IS PUBLIC PROCECUTER?