Fema Oct 4 2024 India. This directive is issued under section 10(4) and 11(1) of the fema, 1999, reinforcing the importance of regulatory adherence in foreign exchange operations. In exercise of the powers conferred.

Key obligations include filing requirements under the foreign exchange management act (fema), such as reporting for the liberalized remittance scheme and. This revelation followed the disclosure that fema had spent over $1.4 billion addressing the ongoing.