Discussion on FEMA – Recent developments and emerging issues
Dear Member,
The Foreign Exchange Management Act, 1999 (“FEMA”) is India’s key legislation governing inbound and outbound investments. Rising investments make it essential for the professionals to understand the regulations that govern capital inflows and outflows and the related evolution.
In tune with the aspirations of a large young population, the Government has rolled out several big-bang initiatives in the form of Make in India, Skill India, Start-up India and the likes. Simultaneously, recognising the need to usher in foreign investments to reinvigorate the growth cycle, the Government has adopted a policy of extensive outreach, focused on the ease of doing business on one hand and the overhaul of FEMA regulations and FDI policies regulating the inflow of foreign investments into India on the other. The thrust of the overall policy has been to bring more and more sectors under the automatic route and also relax the foreign ownership norms in sectors where foreign investment was hitherto restricted.
To provide insights on such changes, a discussion has been organized by Basavanagudi CPE Study Circle. The session covers:
- Recent changes/ trends in FDI (including sectoral analysis)
- Recent key changes in ODI guidelines
- Corporate guarantees , External commercial Borrowings and ESOPs
- ECB by start-ups
- Discussion over remittances (LRS, NRO account etc)
- Inbound investments: Liaison office/ Project office/ Branch office – Recent changes
- Emerging issues: Discussions on select cases taken by Enforcement Directorate on FEMA violations
Details of session are as below:
Topic : Discussion on FEMA – Recent developments and emerging issues
Speaker : CA. Sandeep Jhunjhunwala
Date : Friday, 18th November 2016
Time : 5:00 PM to 8:00 PM
Venue : Vasavi Vidyanikethan Trust (VVN), No.3, Vani Vilas Road, V.V. Puram, Basavanagudi, Bengaluru – 560 004
CPE : 3 Hours
Fees : Rs. 200/- Member, Rs. 250/- Non-Member
Contact:
- Maddanaswamy B V- +91 93412 14962,
- Raghavendra T N – +91 98801 87870
- Nagappa Nesur – +91 98867 11611
Participation mail to:
[email protected]/ [email protected]
Link to location map: https://goo.gl/maps/GG66UZcvYBC2
