Webinar : RBI & FEMA Guidelines for Exporters

Intro to the topic:

The Foreign Exchange Management Act (FEMA), is an official body that consolidates and amends laws regulating foreign exchange in India. It was proposed by the Reserve Bank of India (RBI) and enacted by the Indian Parliament in 1999 to administrate foreign trade and exchange transactions. FEMA, which replaced the Foreign Exchange Regulation Act (FERA) of 1973, officially came into force on 1st June 2000.

FEMA’s primary objective is to facilitate external trade and payments and promote the orderly development and maintenance of India’s foreign exchange market. It is a regulatory mechanism that enables the RBI to pass regulations and the central government to draft rules related to foreign exchange in tune with the Foreign Trade policy of India. As an exporter dealing with international transactions, it is essential for you to have a thorough understanding of the various layers and regulations to this act.

To help you comprehend the RBI and FEMA guidelines and get an insight into India’s foreign exchange market, Drip Capital in association with Mr. Mihir Shah, a certified trainer and advisor in International business, has organized a webinar on Thursday, 2nd September, at 3 PM.

Discussion Points:
1. Overview of FEMA/RBI guidelines
2. Key provisions of FEMA for exporters
3. Common issues faced by exporters
4. Q&A

Speaker for the session:
Mr. Mihir Shah, Consultant, Advisor & Trainer in International Business