Contravention, adjudication and penalties under FEMA
RAO, PRAHALADA D K
Contravention, adjudication and penalties under FEMA An analysis - 2014 - 393-399
Foregin exchange is a scarce resource and needs to be used for keeping the wheels of industry runing all the same and other essentialpurposes. Foregin exchange accrues to our country from various sources like repatriation of foreign exchange on account of goods and services, import of essential raw materials which are not available in our country, foreign direct investment in the Indian industries, remittance from abroad by the Indians working out of India including NRIS, stock market transactions including investment transactions by the Foreign Institutional investors in the Indian securities.
COMAPNY LAW
346.54066
Contravention, adjudication and penalties under FEMA An analysis - 2014 - 393-399
Foregin exchange is a scarce resource and needs to be used for keeping the wheels of industry runing all the same and other essentialpurposes. Foregin exchange accrues to our country from various sources like repatriation of foreign exchange on account of goods and services, import of essential raw materials which are not available in our country, foreign direct investment in the Indian industries, remittance from abroad by the Indians working out of India including NRIS, stock market transactions including investment transactions by the Foreign Institutional investors in the Indian securities.
COMAPNY LAW
346.54066