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Year 2000 was a land mark year in the history of Indian Laws . FERA, 1973, the muscleman being replaced by soft speaking, well mannered Foreign Exchange Management Act (FEMA) of 1999 w.e.f. 01/06/2000.  Important provisions of FEMA and Taxation are placed on the website www.nribanks.com under caption of FEMA(New law for NRIs).  We welcome your questions on FEMA / FERA, Taxation and Banking Regulations.  We will keep you informed of important changes in laws pertaining to Foreign Exchange, Taxation and Banking Regulations.

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www.femaonline.com femaonline

NRI's CORNER

NRI - DEFINITION
INVT. FACILITIES - FEMA
NRI BANK ACCOUNTS
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IMMOV. PROPERTY 
LOANS & DEPOSITS 
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TAX RATES/ TDS etc.. 

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FEMA'99 Anamolies - our submission to 
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