http://jiwaji.edu/pdf/ecourse/management/Unit%20II%20Session%20III.pdf WebNov 25, 2024 · While FERA is an Act of the Parliament introduced in the year 1973, with an intent to manage and conserve India’s foreign reserves, the Foreign Exchange …
FOREIGN EXCHANGE REGULATION ACT, 1973 (46 of 1973)
http://jiwaji.edu/pdf/ecourse/management/Unit%20II%20Session%20III.pdf WebApr 13, 2024 · The Foreign Exchange Management Act (FEMA) is a law that controls foreign exchange transactions, such as the inflow and outflow of foreign capital, the purchase and transfer of foreign assets, and the opening and maintenance of foreign exchange accounts in India. The import and export of goods and services, the dealings … friedrich parts depot
FERA and FEMA - Unacademy
WebIn 1973, FERA was replaced by the Comprehensive Employment and Training Act (CETA), which focused more on providing job training and employment opportunities for low-income individuals. WebThe major differences between FERA and FEMA are: Foreign Exchange Regulation Act (FERA) ... WebMay 11, 2024 · It replaced the previous Foreign Exchange Regulation Act (FERA) of 1973. The FEMA Act was designed to boost external payments and foreign trades in India. … faversham protest