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FEMA Act

Budget 2015: FEMA Act to be Amended

Presenting the Union Budget 2015-16 on the floor of Parliament, the Finance Minister mentioned that there would be an amendment in Section 6 of FEMA (Foreign Exchange Management Act). 1999, through the Finance Bill. According to the proposal, the government would exercise control on capital flows as equity in consultation with the RBI. As per […]

ranjan.j

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