Foreign Exchange Management Act

http://dbpedia.org/resource/Foreign_Exchange_Management_Act an entity of type: Abstraction100002137

The Foreign Exchange Management Act, 1999 (FEMA), is an Act of the Parliament of India "to consolidate and amend the law relating to foreign exchange with the objective of facilitating external trade and payments and for promoting the orderly development and maintenance of foreign exchange market in India". It was passed on 29 December 1999 in parliament, replacing the Foreign Exchange Regulation Act (FERA). This act makes offences related to foreign exchange civil offenses. It extends to the whole of India, replacing FERA, which had become incompatible with the pro-liberalization policies of the Government of India. It enabled a new foreign exchange management regime consistent with the emerging framework of the World Trade Organization (WTO). It also paved the way for the introduction of rdf:langString
Le Foreign Exchange Management Act (FEMA) est une loi indienne promulguée durant la session parlementaire de l'hiver 1999, qui a abrogé le 1er juin 2000 le (FERA) de 1973. Le FERA, promulguée durant une période de faibles importations, avait instauré durant 27 ans une surveillance étroite des entrepreneurs indiens et étrangers par le Directorate General of Economic Enforcement, un organe du Ministère des finances indien. Les entrepreneurs risquaient des poursuites pénales passible de l'emprisonnement: la FEMA dépénalise les délits en matière de change. rdf:langString
rdf:langString Foreign Exchange Management Act
rdf:langString Foreign Exchange Management Act
xsd:integer 3894843
xsd:integer 1121658413
rdf:langString Foreign Exchange Management Act
xsd:integer 80
rdf:langString An Act to consolidate and amend the law relating to foreign exchange with the objective of facilitating the external trade and payments and for promoting the orderly development and maintenance of foreign exchange market in India.
rdf:langString Foreign Exchange Management Act, 2000
rdf:langString Foreign Exchange Regulation Act
rdf:langString Repealed
rdf:langString currently it is not in force
rdf:langString The Foreign Exchange Management Act, 1999 (FEMA), is an Act of the Parliament of India "to consolidate and amend the law relating to foreign exchange with the objective of facilitating external trade and payments and for promoting the orderly development and maintenance of foreign exchange market in India". It was passed on 29 December 1999 in parliament, replacing the Foreign Exchange Regulation Act (FERA). This act makes offences related to foreign exchange civil offenses. It extends to the whole of India, replacing FERA, which had become incompatible with the pro-liberalization policies of the Government of India. It enabled a new foreign exchange management regime consistent with the emerging framework of the World Trade Organization (WTO). It also paved the way for the introduction of the Prevention of Money Laundering Act, 2002, which came into effect from 1 July 2005.
rdf:langString Le Foreign Exchange Management Act (FEMA) est une loi indienne promulguée durant la session parlementaire de l'hiver 1999, qui a abrogé le 1er juin 2000 le (FERA) de 1973. Le FERA, promulguée durant une période de faibles importations, avait instauré durant 27 ans une surveillance étroite des entrepreneurs indiens et étrangers par le Directorate General of Economic Enforcement, un organe du Ministère des finances indien. Les entrepreneurs risquaient des poursuites pénales passible de l'emprisonnement: la FEMA dépénalise les délits en matière de change. * Portail de la finance * Portail de l’Inde
xsd:gMonthDay --12-29
xsd:nonNegativeInteger 17827

data from the linked data cloud