Search results
Results From The WOW.Com Content Network
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". [1]
The same was formed under the FEMA Act which replaced the erstwhile Foreign Exchange Regulation Act (FERA). While the main object of FERA was to conserve the foreign exchange resources and prevent the misuse thereof; the object of the FEMA was to promote and develop the foreign exchange management in India. [2]
The Foreign Exchange Regulation Act, 1947 (known as FERA) is a law enacted and was officially published by the Government of Pakistan and still applicable in Bangladesh, which was East Pakistan before independence, to regulate certain payments, dealings in foreign exchange and securities, and the import and export of currency and bullion.
Individuals and business owners in these counties who sustained losses can apply for assistance online at DisasterAssistance.gov, by phone at 1-800-621-3362 or through the FEMA App. Applicants ...
COFEPOSA or the Conservation of Foreign Exchange and Prevention of Smuggling Activities Act is an Act of Parliament passed in 1974 during the administration of Indira Gandhi, trying to retain foreign currency and prevent smuggling. It was an economic adjunct to the controversial Maintenance of Internal Security Act (MISA) which was enacted in 1971.
FEMA – Photograph by Bill Koplitz, April 5, 2005, Washington, DC. One responsibility of the FEMA director is to oversee the development and follow through of emergency preparedness compacts, otherwise known as Emergency Management Assistance Compacts (EMACs). "The Emergency Management Assistance Compact (EMAC) is an interstate mutual aid ...
FEMA’s Risk Rating 2.0 system is designed to produce fair flood insurance rates. ... Risk Rating 2.0 maintained prior discount opportunities and updated rules to allow for more flexibility to ...
Foreign exchange regulation is a form of financial regulation specifically aimed at the Forex market that is decentralized and operates with no central exchange or clearing house. Due to its decentralized and global nature, the foreign exchange market has been more prone to foreign exchange fraud and has been less regulated than other financial ...