Download or read book Reporting & Compliances under Indian Foreign Exchange Laws (FEMA & Allied Laws) written by Sudhir Kochhar and published by Bloomsbury Publishing. This book was released on 2021-12-30 with total page 1476 pages. Available in PDF, EPUB and Kindle. Book excerpt: About the Book The book is drafted keeping in mind the needs of banking professionals preparing for Certificate Course in Foreign Exchange (“CCFE”) and Certificate in Trade and Finance (“CITF”) conducted by the Indian Institute of Banking and Finance (“IIBF”), MBA (International Business) conducted by the Indian Institute of Foreign Trade/ Pondicherry University /Amity University, Chartered Accountants and Company Secretaries. This book specifically deals with foreign exchange matters. It aims to provide clarity on fundamentals of foreign exchange laws under Foreign Exchange Management Act, 1999 (“FEMA”) and allied laws. It covers complex concepts in a concise manner and covers all the important areas under FEMA operations. The book would also be immensely helpful to bankers at all stages of their carrier and other professionals in grasping the foreign exchange matters quickly. The book would also be helpful for management courses in international business. Key highlights Comprehensive coverage of the following key fundamentals of foreign exchange reporting and compliances: – Provisions of FEMA, PMLA & FCRA. – Basic concept of Letter of Credit and other documents used in Export & Import. – FEDAI Rules. – Fundamentals in Exchange Rate and its mechanism in India. – Capital Account transactions – ECB, FDI, ODI and LO/BO/PO. – Forward Contracts. – Non-Residents. – Summary of Foreign Trade Policy 2015–20. – LRS & Miscellaneous Remittances. – Foreign Currency Accounts. – Export Finance – PCFC. – Merchanting Trade. – FEM (Non-debt Instruments) Rules, 2019. – GIFT City, SEZ, IFSC. Various concepts are explained using diagrams and tables. Section wise explanation of various provisions of FEMA and allied law. 200+ CCFE examination oriented MCQs for practice. 16 Model Question Papers covering 400+ MCQs for CCFE examination. 250+ FAQs addressing various FEMA issues. URL providing further Model Questions, FEMA Regulations, Master Directions and selected important AP DIR circulars. Updated upto 07 Feb 2020.