The Foreign Exchange Management Act, commonly referred to as FEMA, was enacted in 1999 to consolidate and amend the law relating to foreign exchange in […]
FEMA
Understanding the 2022 Changes to FEMA Non-Debt Instrument Regulations
The Government of India, through Notification No. S.O. 1802(E) dated April 1, 2022, amended the Foreign Exchange Management (Non-debt Instruments) Rules, 2019. These changes were […]
A Complete Guide to ODI Compliance Under FEMA
Section 6(3) of the Foreign Exchange Management Act (FEMA) empowers the Reserve Bank of India (RBI) to prohibit, restrict, or regulate various capital account transactions […]
Claiming Wildfire Losses on Taxes: Updated California Deadlines and Deductions
The 2025 wildfire season in Southern California brought significant damage and disruption to the lives of many, particularly in Los Angeles County. Recognizing the hardship […]