Advisory

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Tax Professionals Team’s approach towards work always inspire me. A true professionals and a great subject matter expert … working with them is really being in safe hands.

Gulzar Didwania
Vice President – Tax, GE India

FEMA aims to achieve self regulation instead of imposed restrictions. The rationale for strict regulations under FERA 1973 after Independence was that India was left with little forex reserves and during the oil –crisis of seventies ballooning oil import bills further drained foreign exchange reserves. Unsatisfactory reserves made it imperative to put in place stringent controls to conserve foreign exchange and to utilise it in the best interest of the country. FEMA has 49 Sections of which 9 Sections (Sections 1 to 9) are substantive and the rest are procedural or administrative. RBI is entrusted with the administration and implementation of FEMA. RBI has so far issued over 200 Notifications, each of which contains several regulations for a particular class of transactions, e.g., Notification No. FEMA/21/RB-2000, deals with acquisition and transfer of immovable property in India.

FEMA Act needs to be read with RBI regulations, notifications, and master directions. We at Taxpert Professionals are specialised in providing advisory services to our clients so that they can choose the best method for their business.

Our Services includes:

  1. Availing of External Commercial borrowings
  2. Valuation of shares for transfer of shares from resident to non resident and vice versa
  3. Assistance and guidance on remittance of funds from India
  4. Advisory relating to current and capital account transaction
  5. Advisory in relation to Export and Import regulations under FEMA
  6. Assistance and guidance on remittance of funds from India
  7. Advisory relating to current and capital account transaction

Looking for dedicated and experienced professionals? Contact Us At