Difference Between Fera And Fema Pdf

On
Fera
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Fera and fema. 1. AND F.E.M.A.(FOREIGN EXCHANGE REGULATION ACT AND FOREIGN EXCHANGE MANAGEMENT ACT)Presented by:-Nikhil AgarwalNeha GargNeha BaliwalMegha SinghMegha mahasvariNavdeep KaurMohit GoyalNikhil ChaddaNitin SachdevMohit Badera.

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Government of India (PM was Smt. Indira Gandhi) enacted Foreign Exchange Regulation Act (FERA) in 1973. Difference between FERA and FEMA.

Historical Background:.Historical Background The Foreign ExchangeRegulation Act of 1973 (FERA) Enacted in 1973.In the backdrop of acute shortage of ForeignExchange in the country. FERA had a controversial 27 year stint duringwhich many bosses of the Indian Corporate worldfound themselves at the mercy of theEnforcement Directorate (E.D.).