Bloomsbury’s Reporting & Compliances under Indian Foreign Exchange Laws – (FEMA & Allied Laws) by Sudhir Kochhar – 4th Edition August 2021

This book aims to provide clarity on fundamentals of foreign exchange laws under FEMA, 1999 and allied laws. It covers complex concepts in a concise manner and covers all the important areas under FEMA operations.

Description

This book specifically deals with foreign exchange matters. It presents complex concepts of foreign exchange laws in a concise manner. The book is drafted keeping in mind the needs of banking professionals preparing for Certificate Course in Foreign Exchange (“CCFE”) and Certificate in Trade and Finance (“CITF”) conducted by the Indian Institute of Banking and Finance (“IIBF”) and Chartered Accountants and Company Secretaries.

Key highlights

• Comprehensive coverage of the following key fundamentals of foreign exchange operations:
  – Provisions of FEMA & FCRA.
  – Basic concept of Letter of Credit and other documents used in Export & Import.
  – FEDAI Rules.
  – Fundamentals in Exchange Rate and its mechanism in India.
  – Capital Account transactions – ECB, FDI, ODI and LO/BO/PO.
  – Forward Contracts.
  – Non-Residents.
  – LRS & Miscellaneous Remittances.
  – Foreign Currency Accounts.
  – Export Finance – PCFC.
  – Merchanting Trade.
• Various concepts are explained using diagrams and tables.
• Section wise explanation of various provisions of FEMA and allied law.
• 200+ CCFE examination oriented MCQs for practice.
• Model Question Papers covering 300+ MCQs for CCFE examination.
• 250+ FAQs addressing various FEMA issues.
• URL providing further Model Questions, FEMA Regulations, Master Directions and selected important AP DIR circulars.

About the Author

Sudhir Kochhar has extensive experience of over 15 years in the field of Banking & Corporate Laws. He has worked with companies like Axis Bank, HDFC Bank, Corporates like Valvoline Cummins Ltd and Pricewaterhouse Coopers.
Sudhir Kochhar has been passionate about trade finance since he has started his career in Banking. He is a Banker dealing primarily in foreign exchange. He is also a member of Indian Institute of Banking and Finance (IIBF), based out of New Delhi.
He is a Post Graduate in M.Com and MBA (International Business). He has acquired various certifications in Foreign exchange from IIBF like JAIIB, CAIIB, CITF and CCFE. He has gained exposure in the field of FEMA during the CS professional course and LL.B. He has even authored 7 books for IGNOU management courses.

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