Fwd: Four Days Orientation Course on Foreign Exchange Management Act (FEMA)|17th,18th,24th & 25th 2017 | BCAS Hall | 9:30am
Abhijit Baul
From: Bombay Chartered Accountants' Society <no-r...@bcasonline.org>
Date: Tue, Jan 10, 2017 at 9:58 AM
Subject: Four Days Orientation Course on Foreign Exchange Management Act (FEMA)|17th,18th,24th & 25th 2017 | BCAS Hall | 9:30am
To: All Members 16--17 <no-r...@bcasonline.org>
|
Bombay Chartered Accountants' Society |
|
International Taxation Committee Chairman: CA Gautam Nayak Co-Chairman: CA Mayur Nayak Convenors: CA Deepak N Kanabar, CA Rutvik Sanghvi, CA Gaurang Gandhi Course Co-ordinator: CA Kirit P Dedhia and CA Rajesh P Shah
|
|
Four Days Orientation Course on Foreign Exchange Management Act (FEMA) |
The Foreign Exchange Management Act (the Act) was introduced in 1999. The Act relaxed foreign exchange restrictions resulting in significant flow of investment into India over the years making India one of the most lucrative FDI destinations in the world. Indian overseas investment policies have been progressively liberalized and simplified to meet the changing needs of a growing economy. Various borrowing options are now available for Indian entities which hitherto were a distant dream. FDI in LLP is a reality now. Recently, Reserve Bank re-wrote various notifications regulating capital account transactions, which were in operation till now. To learn and relearn the whole gamut of FEMA, this 4 days orientation course is planned.
|
Day & Date |
To be held on 17th , 18th March 2017 (Friday , Saturday) 24th , 25th March 2017 (Friday , Saturday) |
|||||||||||||||||||||||||
|
Time |
9.30 a.m. to 6.00 p.m. |
|||||||||||||||||||||||||
|
Venue |
BCAS Hall, Jolly Bhavan No.2, New Marine Lines, Mumbai – 400020 |
|||||||||||||||||||||||||
|
Fees |
|
|||||||||||||||||||||||||
|
(Inclusive of course materials, breakfast, lunch and refreshments & Contribution of Rs. 50/- towards BCAS Foundation ) |
||||||||||||||||||||||||||
TOPICS TO BE ADDRESSED BY EMINENT FACULTIES WILL BE AS UNDER
|
1 |
Understanding FEMA Structure of FEMA, Important Definitions- Residential status, Types of transactions - Current & Capital Account and change of residential status. |
CA Dhishat Mehta |
|
2 |
Facilities for Resident Individuals and Non Resident Indians NRO, NRE and Other Deposits in India, Repatriation of assets outside India (1 million USD Scheme) & Liberalised Remittance Scheme (USD 250000 Scheme ) (LRS) |
CA Anil Doshi |
|
3 |
Immovable Property in India & Outside India Who can buy immovable property in India , which property cannot be acquired , permissible transfer of the property etc. |
CA Natwar Thakrar |
|
4 |
Export of Goods & Services Meaning of export / import, international exhibition/trade fair, Export of goods on lease, hire, etc. Declaration Forms and the procedures thereof, Export of Software, Export of Services, Write-off of unrealized export bills, self-write off of unrealised export bills, agency commission on the export , refund of export proceeds , advance receipt for the export etc. |
CA Manoj Shah |
|
5 |
Setting up of a Liaison Office, Branch Office & Project Office in India. Who can set up, routes , permissible activities ,bank accounts & repatriation of profits , documents to file ,disposing of assets , closure etc. |
CA Hinesh Doshi |
|
6 |
FDI in General Who can invest in India, sectoral analysis (prohibited & permitted sectors), eligible instruments for investment and pricing, reporting and remittance, Downstream Investment, transfer of shares and round tripping. |
CA Mayur Nayak |
|
7 |
FDI in Limited Liability Partnership (Schedule 9 of Notification 20) & Investment on Non Repatriation basis (Schedule IV) Who can invest in LLP, pricing, reporting and remittance, Downstream Investment, transfer of interest. |
CA Vishal Gada |
|
8 |
FDI in financial sectors Investment by a Foreign Venture Capital Investor (FVCI), a Foreign Portfolio Investor (FPI), Investment in Real Estate Investment Trusts (REITS). |
Eminent Faculty |
|
9 |
Sector Specific FDI Regulations Retail – Single Brand & Multiple Brand , Ecommerce , Pharma & Real Estate |
CA Shabbir Motorwala |
|
10 |
Procedure and Practical aspects of representation before the Foreign Investment Promotion Board (FIPB). |
CA Deepender Kumar |
|
11 |
Borrowing External Commercial Borrowing (ECB) , Rupee Denominated Bonds & Borrowing in Rupees |
Advocate Kumar Saurabh Singh |
|
12 |
Setting up a Branch outside India & Overseas Investment |
CA Naresh Ajwani
|
|
13 |
Compounding under FEMA What is compounding , What contraventions can be compounded , who can apply for compounding, procedure for applying for compounding ,What is the criteria for calculation of compounding amount etc. |
CA Rajesh P Shah
|
|
14 |
Prevention of Money Laundering Act (PMLA), Smugglers and Foreign Exchange Manipulator Act (SAFEMA ) & Conservation of Foreign Exchange and Prevention of Smuggling Activities Act (COFEPOSA) |
Eminent Faculty |
|
15 |
Overview of Foreign Contribution Regulation Act |
CA Rajesh Kadakia |
|
16 |
Brain Storming and Panel Discussion |
Eminent Faculties/RBI Officials |
The faculty members comprise of very renowned Chartered Accountants and Lawyers. They would be sharing their practical experience in the course of their lectures.
You have been receiving e-mails from the Society containing information regarding our programmes, publications and knowledge service as your email ID has been included in the database of our Website users / Members.
You may, at any time, choose not to receive email from the Society by submitting your email ID by Clicking Here to unsubscribe
CA Abhijit Baul | Partner | Baul Savla & Associates | Chartered Accountants
#2, 1st Floor, Nav Durga Nivas, Dr. R.P.Road, Manpada X Road, Opp. Lassi Cycle, Dombivli (E) - 421 201
Cell : +91 9820518821 Off : +251 6450224
Email : abhij...@gmail.com, abhij...@yahoo.com, baul...@icai.org