📘 A Professional’s Guide to FEMA – Practice and Procedure in Q&A Format | 1st Edition (2016)
✒️ Authored by: Subhash Lakhotia | Language: English | Publisher: Lexis Nexis

This practical handbook by Subhash Lakhotia provides a clear, structured, and professional guide to the Foreign Exchange Management Act, 1999 (FEMA) in a unique Question-and-Answer format. Written in simple and accessible language, the book offers step-by-step guidance on FEMA compliance, procedures, and practice issues, making it indispensable for professionals, corporates, and students dealing with foreign exchange regulations.

🔍 Key Features:

• 📜 Complete Coverage of FEMA – statutory provisions explained with clarity, including current account transactions, capital account transactions, investments, and remittances.

• ❓ Q&A Format – practical questions with direct answers simplify complex provisions for quick understanding and application.

• ⚖️ Judicial & Regulatory Guidance – references to important rulings, RBI notifications, and circulars interpreting FEMA provisions.

• 🛠️ Practical Orientation – guidance on documentation, approvals, compounding of offences, penalties, and compliance procedures.

• 🌐 Foreign Investment & Business – insights into FDI, ECBs, overseas investment, import-export transactions, and NRI-related matters.

• 📚 User-Friendly Layout – designed for practitioners to use as a ready reckoner in day-to-day advisory and compliance work.

• 🆕 1st Edition (2016) – reflects amendments, RBI circulars, and policy updates till publication year.

🎯 Recommended For:

• Chartered accountants, company secretaries & legal professionals

• Corporate counsels & compliance officers handling cross-border transactions

• Banking & financial institutions dealing with FEMA procedures

• Policymakers, regulators & enforcement officials

• Law students, academicians & researchers specialising in foreign exchange and financial law

This first edition (2016) of A Professional’s Guide to FEMA – Practice and Procedure in Q&A Format by Subhash Lakhotia is a definitive, practical, and easy-to-use guide, making FEMA compliance simpler, structured, and professional for all stakeholders.