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Transition from FERA to FEMA
Salient features of FEMA:
Scheme of FERA and FEMA
Power to make rules
Power to make regulations
Annexure A

 


Annexure A

Rules

GSR no.

Encashment of Draft, Cheque, Instrument & Payment of Interest

379(E)

Authentication of Documents

380(E)

Current Account Transactions

381(E)

Adjudication Proceedings and Appeal

382(E)

Compounding Proceedings

383(E)

Regulations

Permissible Capital Account Transactions

384(E)

Issue of Security in India by a Branch, Office or Agency of a Person Resident Outside India

385(E)

Borrowing or Lending in Foreign Exchange

386(E)

Borrowing or Lending in Rupees

387(E)

Deposit

388(E)

Export and Import of Currency

389(E)

Acquisition and Transfer of Immovable Property Outside India

390(E)

Guarantees

391(E)

Realisation, Repatriation and Surrender of Foreign Exchange

392(E)

Foreign Currency Accounts by a Person Resident in India

393(E)

Possession and Retention of Foreign Currency

394(E)

Insurance

395(E)

Remittance of Assets

396(E)

Manner of Receipt and Payment

397(E)

Transfer or Issue of Security by a Person Resident Outside India

406(E)

Acquisition and Transfer of Immovable Property in India

407(E)

Establishment in India of a Branch or Office or Other Place of Business

408(E)

Export of Goods and Services

409(E)

Investment in Firm or Proprietary Concern in India

410(E)

Foreign Exchange Derivatives Contracts

411(E)

Transfer or Issue of any Foreign Security

456(E)

 

 

 

   

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