SANSAD TV: 75 YEARS- LAWS THAT SHAPED INDIA- THE FOREIGN EXCHANGE MANAGEMENT ACT, 1999
Introduction: An Act 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. The Foreign Exchange Management Bill (FEMA) was introduced by the Government of India in Parliament on August 4, …
