Foreign Exchange Facilities for Individuals

The book is designed to provide guidelines and information regarding facilities available to individuals under FEMA. The book covers areas like: Introduction to Foreign Exchange Management Act 1999 Remittances Foreign Currency Accounts for Residents Foreign Currency Accounts for Non-residents Investments Borrowings by non-resident Indian individuals and Compliance/non-compliance with provisions of FEMA 1999 The book incorporates the latest guidelines of Reserve Bank of India on the subject. The book will be useful to the bank personnel – dealing with foreign exchange and NRI segment – besides academicians.