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FEMA consultants are perhaps the most underappreciated business professionals in the world. Having the knowledge of both Indian, and foreign accounting techniques, these professionals provide a wide v ....
A Current Account Transaction is defined as a forex transaction which is a distinction from a capital account transaction. Such transactions include:
The full form of FEMA is Foreign Exchange Management Act. It is an act that consolidates and amends the laws regarding foreign exchange. The objective of FEMA act 1999 is to facilitate external trade ....
Foreign exchange is a way of trading one currency to another. For instance: INR can be swapped into UDS. And the market that allows foreign exchange or called Foreign Exchange Market or Forex.
For families, remittance is an important source of income and also good for national income. It is one of the largest sources of external financing. In India, there are two channels to receive remitta ....
The Liberalised Remittance Scheme (LRS) is a scheme launched by the Reserve Bank of India (RBI) in 2004. Under the LRS scheme, resident Indians are allowed to remit a certain amount of money to anothe ....
Foreign Exchange, or simply known as Forex, refers to the conversion of one currency to another. Many people actively engage themselves in forex trading, which is the buying and selling of global curr ....
