Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
FEMA

Home Acts & Rules FEMA Acts Foreign Exchange Management Act,1999 This

Foreign Exchange Management Act,1999

Section 1 : Short title, extent, application and commencement
Section 2 : Definitions
Section 3 : Dealing in foreign exchange, etc.
Section 4 : Holding of foreign exchange, etc.
Section 5 : Current account transactions.
Section 6 : Capital account transactions
Section 7 : Export of goods and services
Section 8 : Realisation and repatriation of foreign exchange
Section 9 : Exemption from realisation and repatriation in certain cases
Section 10 : Authorised person
Section 11 : Reserve Bank’s powers to issue directions to authorised person
Section 12 : Power of Reserve Bank to inspect authorised person
Section 13 : Penalties
Section 14 : Enforcement of the orders of Adjudicating Authority
Section 14A : Power to recover arrears of penalty
Section 15 : Power to compound contravention
Section 16 : Appointment of Adjudicating Authority
Section 17 : Appeal to Special Director (Appeals)
Section 18 : Appellate Tribunal
Section 19 : Appeal to Appellate Tribunal
Section 20 : Omitted
Section 21 : Qualifications, for appointment of Special Director (Appeals).
Section 22 : Omitted
Section 23 : Terms and conditions of service of Special Director (Appeals).
Section 24 : Omitted
Section 25 : Omitted
Section 26 : Omitted
Section 27 : Staff of Special Director (Appeals).
Section 28 : Procedure and Powers of Appellate Tribunal and Special Director (Appeals)
Section 29 : Omitted
Section 30 : Omitted
Section 31 : Omitted
Section 32 : Right of appellant to take assistance of legal practitioner or chartered accountant and of Government, to appoint presenting officers
Section 33 : Officers and employees, etc., to be public servant.
Section 34 : Civil court not to have jurisdiction
Section 35 : Appeal to High Court
Section 36 : Directorate of Enforcement
Section 37 : Power of search, seizure etc
Section 37A : Special provisions relating to assets held outside India in contravention of section 4
Section 38 : Empowering other officers
Section 39 : Presumption as to documents in certain cases
Section 40 : Suspension of operation of this Act
Section 41 : Power of Central Government to give directions.
Section 42 : Contravention by companies
Section 43 : Death or insolvency in certain cases
Section 44 : Bar of legal proceedings.
Section 44A : Powers of Reserve Bank not to apply to International Financial Services Centre
Section 45 : Removal of difficulties
Section 46 : Power to make rules
Section 47 : Power to make regulations
Section 48 : Rules and regulations to be laid before Parliament
Section 49 : Repeal and saving
 
 
 

Quick Updates:Latest Updates