Tag Archives: FEMA

“With funds drying up, Greenpeace India stares at shutdown; asks ‘who’s next on chopping block?’ was in the headlines of a leading English daily. Are you following up this case? If not, let me run you through the issue and FCRA regulations in brief. About Greenpeace:  Greenpeace is a global …

Laws | Act # 22 | Foreign Exchange Management Act,1999 (FEMA) “RBI increases Individuals’ spending limit abroad” News dated 3rd June, 2014 Under the Liberalized Remittance Scheme, all resident individuals, including minors, are allowed to freely remit up to USD 125000 per financial year (April – March) without end use …