About: Foreign Exchange Management Act

Facets (new session)
Description
Metadata
Settings
- Rule:
- Inverse Functional Properties:
- "Same As":

About: Foreign Exchange Management Act Goto Sponge NotDistinct Permalink

An Entity of Type : yago:WikicatActsOfTheParliamentOfIndia, within Data Space : dbpedia.org associated with source document(s)
QRcode icon

http://dbpedia.org/describe/?url=http%3A%2F%2Fdbpedia.org%2Fresource%2FForeign_Exchange_Management_Act

The Foreign Exchange Management Act, 1999 (FEMA), is an Act of the Parliament of India "to consolidate and amend the law relating to foreign exchange with the objective of facilitating external trade and payments and for promoting the orderly development and maintenance of foreign exchange market in India". It was passed on 29 December 1999 in parliament, replacing the Foreign Exchange Regulation Act (FERA). This act makes offences related to foreign exchange civil offenses. It extends to the whole of India, replacing FERA, which had become incompatible with the pro-liberalization policies of the Government of India. It enabled a new foreign exchange management regime consistent with the emerging framework of the World Trade Organization (WTO). It also paved the way for the introduction of

Attributes	Values
rdf:type	yago:Abstraction100002137 yago:Act106532095 yago:CivilLaw108453464 yago:Collection107951464 yago:Communication100033020 yago:Document106470073 yago:Group100031264 yago:Law108441203 yago:LegalDocument106479665 yago:Legislation106535222 yago:Writing106362953 yago:WrittenCommunication106349220 Band yago:WikicatActsOfTheParliamentOfIndia
rdfs:label	Foreign Exchange Management Act (en) Foreign Exchange Management Act (fr)
rdfs:comment	The Foreign Exchange Management Act, 1999 (FEMA), is an Act of the Parliament of India "to consolidate and amend the law relating to foreign exchange with the objective of facilitating external trade and payments and for promoting the orderly development and maintenance of foreign exchange market in India". It was passed on 29 December 1999 in parliament, replacing the Foreign Exchange Regulation Act (FERA). This act makes offences related to foreign exchange civil offenses. It extends to the whole of India, replacing FERA, which had become incompatible with the pro-liberalization policies of the Government of India. It enabled a new foreign exchange management regime consistent with the emerging framework of the World Trade Organization (WTO). It also paved the way for the introduction of (en) Le Foreign Exchange Management Act (FEMA) est une loi indienne promulguée durant la session parlementaire de l'hiver 1999, qui a abrogé le 1er juin 2000 le (FERA) de 1973. Le FERA, promulguée durant une période de faibles importations, avait instauré durant 27 ans une surveillance étroite des entrepreneurs indiens et étrangers par le Directorate General of Economic Enforcement, un organe du Ministère des finances indien. Les entrepreneurs risquaient des poursuites pénales passible de l'emprisonnement: la FEMA dépénalise les délits en matière de change. (fr)
dcterms:subject	Foreign trade of India Acts of the Parliament of India 1999 Economic history of India (1947–present) Indian business law 1999 in Indian economy Financial history of India Vajpayee administration
Wikipage page ID	3894843 (xsd:integer)
Wikipage revision ID	1121658413 (xsd:integer)
Link from a Wikipage to another Wikipage	Foreign trade of India Reserve Bank of India Acts of the Parliament of India 1999 Economic history of India (1947–present) Civil law (common law) Government of India Indian business law 1999 in Indian economy Prevention of Money Laundering Act, 2002 Law of India Currency Foreign exchange controls Financial history of India Parliament of India Foreign Exchange Regulation Act Foreign exchange market Vajpayee administration Atal Bihari Vajpayee Act of Parliament India Securities World Trade Organization
Link from a Wikipage to an external page	http://timesofindia.indiatimes.com/nri/us-canada-news/NRIs-can-now-open-joint-accounts-with-resident-Indian/articleshow/10005417.cms http://legislative.gov.in/sites/default/files/A1999-42_0.pdf https://web.archive.org/web/20081008140108/http:/finmin.nic.in/the_ministry/dept_eco_affairs/america_canada/fema_acts/index.htm https://web.archive.org/web/20090203182509/http:/fema.rbi.org.in/
sameAs	Foreign Exchange Management Act Foreign Exchange Management Act Foreign Exchange Management Act Foreign Exchange Management Act Foreign Exchange Management Act Foreign Exchange Management Act Foreign Exchange Management Act
dbp:wikiPageUsesTemplate	dbt:Better_source_needed dbt:Infobox_legislation dbt:Portalbar dbt:Reflist dbt:Use_Indian_English dbt:Use_dmy_dates
repeals	Foreign Exchange Regulation Act
citation	http://legislative.gov.in/sites/default/files/A1999-42_0.pdf
enacted by	Parliament of India
imagealt	Foreign Exchange Management Act (en)
imagesize	80 (xsd:integer)
long title	An Act to consolidate and amend the law relating to foreign exchange with the objective of facilitating the external trade and payments and for promoting the orderly development and maintenance of foreign exchange market in India. (en)
short title	Foreign Exchange Management Act, 2000 (en) Foreign Exchange Regulation Act (en)
status	Repealed (en) currently it is not in force (en)
has abstract	The Foreign Exchange Management Act, 1999 (FEMA), is an Act of the Parliament of India "to consolidate and amend the law relating to foreign exchange with the objective of facilitating external trade and payments and for promoting the orderly development and maintenance of foreign exchange market in India". It was passed on 29 December 1999 in parliament, replacing the Foreign Exchange Regulation Act (FERA). This act makes offences related to foreign exchange civil offenses. It extends to the whole of India, replacing FERA, which had become incompatible with the pro-liberalization policies of the Government of India. It enabled a new foreign exchange management regime consistent with the emerging framework of the World Trade Organization (WTO). It also paved the way for the introduction of the Prevention of Money Laundering Act, 2002, which came into effect from 1 July 2005. (en) Le Foreign Exchange Management Act (FEMA) est une loi indienne promulguée durant la session parlementaire de l'hiver 1999, qui a abrogé le 1er juin 2000 le (FERA) de 1973. Le FERA, promulguée durant une période de faibles importations, avait instauré durant 27 ans une surveillance étroite des entrepreneurs indiens et étrangers par le Directorate General of Economic Enforcement, un organe du Ministère des finances indien. Les entrepreneurs risquaient des poursuites pénales passible de l'emprisonnement: la FEMA dépénalise les délits en matière de change. * Portail de la finance * Portail de l’Inde (fr)
Published in Gazette	0001-12-29 (xsd:gMonthDay)
gold:hypernym	Act
prov:wasDerivedFrom	wikipedia-en:Foreign_Exchange_Management_Act?oldid=1121658413&ns=0
page length (characters) of wiki page	17827 (xsd:nonNegativeInteger)
foaf:isPrimaryTopicOf	wikipedia-en:Foreign_Exchange_Management_Act
is rdfs:seeAlso of	Indian rupee
is Link from a Wikipage to another Wikipage of	Preetha Krishna FEMA (disambiguation) Reserve Bank of India Indian Depository Receipt White Lotus Conglomerate Enforcement Directorate Morjim NDTV Gambling in India List of Acts of the Parliament of India 2G spectrum case Darjeeling tea Economy of India Foreign Exchange Regulation Act Foreign direct investment Foreign exchange company

Faceted Search & Find service v1.17_git139 as of Feb 29 2024

Alternative Linked Data Documents: ODE Content Formats:

RDF

ODATA

Microdata

About

OpenLink Virtuoso version 08.03.3330 as of Mar 19 2024, on Linux (x86_64-generic-linux-glibc212), Single-Server Edition (378 GB total memory, 50 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2024 OpenLink Software