Foreign Exchange Management Act, 1999

 (Central Act 42 of 1999)

(Amended up to 2017)

The Parliament has enacted the Foreign Exchange Management Act, 1999 to replace the Foreign Exchange Regulation Act, 1973. This Act came into force on the 1st day of June, 2000.

This file contains:-

• Foreign Exchange Management Act, 1999 (Amended up to 2017);

Rules made by Government of India:-

1. Authentication of Documents Rules, 2000

2. Acquisition and transfer of immovable property outside of India Regulation 2015

3. Acquisition and transfer of immovable property outside of India Regulation 2015

4. Crystallization of Inoperative Foreign Currency Deposits Regulations, 2014

5. Deposit Regulations, 2016

6. Encashment of Draft, Cheque, Instrument and payment of interest Rules, 2000.

7. Export of Goods & Services Regulations, 2015

8. Export and Import of Currency Regulations 2015

9. Establishment in India of a branch office or a liaison office or a project office Regulation 2016

10. Foreign Exchange (Compounding Proceedings) Rules, 2000

11. Foreign Currency Accounts by a person  resident of India Regulation 2015

12. International Financial Services Centre Regulations, 2015

13. Management (Insurance) Regulations, 2015

14. Manner of Receipt and Payment Regulations, 2016

15. Possession and Retention of Foreign Currency Regulation 2015

16. Realisation, Repatriation and Surrender of Foreign Exchange Regulation 2015

17. Regularization of assets held abroad by a person resident in India Regulation 2015

18. Regularization of assets held abroad by a person resident in India Regulations, 2015

19. Remittance of Assets Regulations 2015

20.Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2017 

21.Withdrawal of General Permission to Overseas Corporate Bodies (OCBs) Regulations, 2003

• Notifications issued by the Governments related to this Act.