What is Fema in Export Import Business ? Foreign Exchange Management Act | Part -15.

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What is Fema in Export Import Business ? Foreign Exchange Management Act | Part -15.
The Foreign Exchange Management Act of 1999 is a law passed by the Indian Parliament with the goal of "consolidating and amending the law relating to foreign exchange with the objective of facilitating external trade and payments and promoting the orderly development and maintenance of the foreign exchange market in India."

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