FEMA 1999 & Foreign Exchange Regulations In India

FEMA 1999, Foreign Exchange Rules in India, Residents, Non Residents, FX Bank Accounts, Current Account, Capital Account

Platform: Udemy
Status: Available
Duration: 2.5 Hours

Price: $19.99 $0.00

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What you'll learn

  • The approach and provision enshrined in FEMA 1999
  • How it manages FX transactions of different types in India
  • Confidence about FX operations
  • Policies of Indian government regarding FX and Its Management
  • Those desirous of taking this course are expected to already know the basics of exports and imports.
  • Prior knowledge of foreign exchange market and transnational payments will be helpful
FEMA 1999 & FX Regulations in India is a VJ Exports Mastery Series Course. This is a revolutionary and most effective specialized course is meant for persons who have anything to do with Foreign Exchange in India. Since India's journey from FERA to FEMA coincides with the economic growth story of this most exciting emerging large free market in the world. And with the largest young population. Therefore, it makes great sense to learn the subjects covered in this course.


Basics of FEMA – a masterclass by Dr. Vijesh Jain is a specialized course. And it is intended to train the students to the working knowledge and understanding of FEMA. At the same time, this course also throws light on the current Foreign Exchange regulations in India. Therefore, the course will make you understand the theme and approach of the provisions of FEMA. And how and why it is what it is.

Incidentally, FEMA is the only dossier of the foreign exchange regulations in India which governs all transactions that take place in the country whether official or unofficial. Therefore, this course will traverse through the historical perspective of the subject. And take you through the journey and story of the various provisions which are created to encourage and facilitate foreign trade. And foreign dealings between the residents and nonresidents of this country with the world around us. Using certain case studies and examples the course teaches the concepts more interestingly.

Topics Covered:

Foreign Exchange regulations in India, post-independence

FERA to FEMA 1999

Resurgence of India

Basic concepts of FEMA 1999

Objectives of FEMA

The ecosystem of FEMA 1999

Structure of various sections in FEMA

Balance of Payment

All Current Account Transactions

Capital Account Transactions

Residential status

Who is Resident?

FEMA vs Income Tax Act of India

Classification of Transactions in FEMA 1999

Several Current Account Transactions under FEMA

Capital Account Transactions under FEMA 1999

Liberalized Remittance Scheme

FX Denominated Bank accounts for residents and nonresidents

Type of Bank Accounts for Non Residents

Different Types of Bank Accounts for Residents

Contravention of FEMA

Case Study

Highlights of FEMA 1999

Course-related important keywords

Foreign Exchange Management

Foreign Remittance

Accounting in India


Currency Exchange

FEMA regulations

Outword remittance

FEMA act

Foreign Exchange Dealers

Foreign Exchange Authority

Legal India

NRO Account

FEMA guidelines

India Company Tax

Legal aspects of mergers and acquisitions

NRI returns in India

SWIFT foreign exchange

FEMA law India

Business in India FEMA

Capital Account

Foreign Policy

Foreign Exchange by iibf

Banks in India

Foreign Exchange Risks

Principles of Foreign Exchange

RBI Foreign Exchange


Current Exchange

Foreign Accounting

Foreign Exchange Compliance

Foreign Exchange Operations

International trade

Foreign Exchange Law


Dropship India

Foreign Diplomacy

What do you get with the course?

Lifetime access to the course

Lifetime course updates

Verified 2-certificate of completion

Quizzes and Assignments

Udemy Money Back Guarantee

Course captions in different foreign languages

About the instructor

The instructor of this course Dr. Vijesh Jain is a seasoned professional in FX operation and international business management. And, he has more than 30 years of industry and research experience in this field. Also, he is an alumnus of IIFT, BITS, BIMTECH, Harvard University, and other reputed institutes. Additionally, he has written several books and research papers on the subject.

Who this course is for:

  • Exporters & importers
  • FX dealers
  • Bank employees dealing with FX
  • Global investors
  • FII managers
  • International fund managers
  • Financial analysts
  • All those who wish to setup their own global business and digital marketing platform across the borders.