Earlier there was an liberlised remittance scheme, in FEMA, 1999 which l am not finding right now so whether the liberlised remittance shceme has been withdrown or not ?
if any bady know regarding the same, plz clearlyfy the same
2 Replies
Harsh
(Finance)
(55 Points)
Replied 03 April 2012
Yeah actually there are certain changes which carried out in the Foreign Exchange management act. There might be changes in financial transactions and other formalities. I am not aware of details. If I will get any more details then I will definitely share here.
jaimin
(Finance Executive)
(465 Points)
Replied 03 April 2012
I had not seen the same topic in Munish bhandari hand book latest version as well as it was not present in answer of case study of the same
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