Fema

FEMA tries to govern the following transactions:

 a Foreign Exchange / Securities/ Properties / Funds outside India  By the Person Resident in India 

 b

Foreign Exchange / Securities / Properties / Funds within India
 
By the Person Resident Outside India

It is a compliance provision and Non Compliance can invite a substantial penalty .If penalty is not paid in time, it can also lead to prosecution. However, under certain scenario a person can go for compounding of penalty.

 
     
454049 PEOPLE ARE USING THIS SITE HAPPILY