{"product_id":"fema-fdi-ready-reckoner-book-by-taxmann","title":"FEMA \u0026 FDI Ready Reckoner - Book By Taxmann","description":"\u003cp\u003e\u003cstrong\u003eFEMA \u0026amp; FDI Ready Reckoner - Book By Taxmann\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eEdition : \u003c\/strong\u003e25th (July 2026)\u003c\/p\u003e\n\u003cp\u003eFEMA \u0026amp; FDI Ready Reckoner is a comprehensive, topic-wise treatise that consolidates the entire law and practice of India's foreign exchange and foreign investment regime into a single, quick-reference volume of 55 chapters (plus a supplementary Chapter 14A), running through a Subject Index. It weaves together, subject by subject, the Foreign Exchange Management Act 1999 (FEMA) and its rules and regulations, the RBI's Master Directions and A.P. (DIR Series) circulars, the Non-Debt Instruments and Overseas Investment Rules\/Regulations, the consolidated FDI Policy, and the relevant judicial precedents—so that the reader gets the statutory provision, the regulator's operating instructions, and the case-law position on any given topic in one place.\u003c\/p\u003e\n\u003cp\u003eThe book earns its 'Ready Reckoner' name through its structure: every subject is handled in a self-contained chapter organised with granular decimal paragraph numbering, letting a professional locate a precise point and act on it without wading through the bare Act. Explanations are in plain, application-oriented language and are anchored to their source through references to the governing sections, rules, regulations, Master Directions, and circulars.\u003c\/p\u003e\n\u003cp\u003eThis Edition has been fully updated to reflect the law as it stands on 28\u003csup\u003eth\u003c\/sup\u003e June 2026, including the newly notified Foreign Exchange Management (Authorised Persons) Regulations 2026, together with the latest FDI policy positions and RBI regulatory changes. Twenty-five editions of continuous revision make it one of the most established and trusted desk references in the field.\u003c\/p\u003e\n\u003cp\u003eThe book is written for anyone who has to understand, apply, or advise on cross-border transactions under Indian law, including:\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003eChartered Accountants, Company Secretaries, Cost Accountants, and Lawyers\u003c\/strong\u003e advising on FEMA\/FDI compliance, structuring, reporting, and litigation\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eAuthorised Dealer (AD) Banks, Forex Desks, and Treasury\/Trade-Finance Teams\u003c\/strong\u003e that must operate within RBI directions day to day\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eCFOs, Finance Controllers, and In-house Legal\/Compliance Teams\u003c\/strong\u003e of companies engaged in exports, imports, foreign investment, or overseas expansion\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eForeign Investors, FPIs, FVCIs, Private Equity\/Venture-Capital Funds, and MNCs\u003c\/strong\u003e setting up or operating in India (including through branch, liaison, or project offices)\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eIndian Entities Making Overseas Direct Investment (ODI)\u003c\/strong\u003e and availing external commercial borrowings or trade credit\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eNRIs and OCIs \u003c\/strong\u003edealing with bank accounts, investments, immovable property, and remittance of assets\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eStartups Raising Foreign Capital\u003c\/strong\u003e and structuring cross-border ownership\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eCompliance and Reporting Officers\u003c\/strong\u003e responsible for RBI filings and returns\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eStudents, Academicians, and Professional-exam Candidates\u003c\/strong\u003e needing an organised, current grasp of FEMA and FDI\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eThe Present Publication is the 25\u003csup\u003eth\u003c\/sup\u003e Edition | July 2026, amended up to 28\u003csup\u003eth\u003c\/sup\u003e June 2026. This book is authored by Taxmann's Editorial Board with the following noteworthy features:\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eConsolidated, Single-source Treatment\u003c\/strong\u003e] Each topic brings together the statute, the applicable rules and regulations, the RBI Master Directions and A.P. (DIR Series) circulars, the FDI policy, and the relevant case law—sparing the reader from cross-referencing multiple sources\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eTrue Ready-reckoner Format\u003c\/strong\u003e] Self-contained chapters (numbered 1–55, plus a Chapter 14A) with granular decimal paragraph numbering make it fast to locate and resolve a specific FEMA\/FDI question\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eFully Updated\u003c\/strong\u003e] Incorporates the Foreign Exchange Management (Authorised Persons) Regulations 2026, the current FDI policy, and the latest RBI notifications\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eHeavily Practical Apparatus\u003c\/strong\u003e] The book is rich in step-by-step procedures, reporting forms and returns, formats, annexures, and worked examples\/illustrations—with several hundred pointers to RBI Master Directions and circulars threaded through the text\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003e'At A Glance' Sector Tables\u003c\/strong\u003e] Sector-wise FDI limits, entry routes, and conditions are tabulated and mapped to the schedules of the Non-Debt Instruments Rules and the paragraphs of the FDI policy for at-a-glance reference\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eCase Law Integrated Topic-wise\u003c\/strong\u003e] Supreme Court, High Court, and Tribunal decisions (with citations) are placed alongside the provisions they interpret—especially on export realisation, offences, penalties, and compounding\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eAllied Laws in One Volume\u003c\/strong\u003e] Goes beyond FEMA to cover PMLA, FCRA, and COFEPOSA, plus the IFSC regime, giving a rounded view of India's cross-border compliance landscape\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eAnchored to the Source\u003c\/strong\u003e] Includes section, rule, regulation, Master Direction, and circular references throughout, plus a detailed Subject Index for pin-point navigation\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eThe Reckoner covers the full spectrum of FEMA and FDI, organised into the following broad areas:\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003eFoundations and Dealings in Foreign Exchange\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eOverview of FEMA and the RBI's role as the overall controlling authority; suspension of the Act in extraordinary situations\u003c\/li\u003e\n\u003cli\u003eAuthorised Persons (updated for the 2026 Regulations), money-changing activities, and the Money Transfer Service Scheme (MTSS)\u003c\/li\u003e\n\u003cli\u003eReceipt, payment, realisation, repatriation, and surrender of foreign exchange; the Asian Clearing Union (ACU) mechanism\u003c\/li\u003e\n\u003cli\u003ePossession\/retention and export\/import of currency; foreign exchange rates and inter-bank dealings\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eBank Accounts in Foreign Exchange\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eAccounts in India held by persons resident outside India (NRO\/NRE\/FCNR-type accounts)\u003c\/li\u003e\n\u003cli\u003eForeign-currency accounts of Indian residents\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eCurrent Account Transactions\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eRemittances on current account (permissible\/restricted transactions)\u003c\/li\u003e\n\u003cli\u003eLiberalised Remittance Scheme (LRS)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eExport and Import of Goods and Services\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eExport of goods and services; import of goods and services; realisation and repatriation of export proceeds\u003c\/li\u003e\n\u003cli\u003eProject exports and service exports\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eCapital Account Transactions and Foreign Investment in India\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eOverview of capital account transactions\u003c\/li\u003e\n\u003cli\u003eFDI in Indian companies, LLPs, startups, and through GDRs\/ADRs\u003c\/li\u003e\n\u003cli\u003eSector-wise FDI policy 'at a glance'; downstream (indirect) investment\u003c\/li\u003e\n\u003cli\u003eFDI through rights, bonus, sweat equity, and merger\/amalgamation; transfer of securities; entry routes and pricing\u003c\/li\u003e\n\u003cli\u003eForeign Portfolio Investors (FPIs), investment vehicles, and FVCIs\u003c\/li\u003e\n\u003cli\u003eInvestment by NRIs\/OCIs and by foreign central banks and funds\u003c\/li\u003e\n\u003cli\u003eRelated reporting and returns—e.g., issue of capital instruments (Form FC-GPR), transfer of capital instruments (Form FC-TRS), and the Annual Return on Foreign Liabilities and Assets (FLA)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eOverseas Investment, Borrowing, and Lending\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eOverseas (direct) investment by Indian entities and related guarantees; insurance\u003c\/li\u003e\n\u003cli\u003eBorrowing and lending in foreign exchange and in Indian rupees (including with NRIs\/PIOs)\u003c\/li\u003e\n\u003cli\u003eForeign investment in debt instruments\u003c\/li\u003e\n\u003cli\u003eExternal Commercial Borrowings (ECB) and trade credit\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eProperty, Remittances, and Establishments\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eAcquisition and transfer of immovable property in India and outside India\u003c\/li\u003e\n\u003cli\u003eRemittance of assets\u003c\/li\u003e\n\u003cli\u003eBranch office\/liaison office\/project office in India by foreign entities\u003c\/li\u003e\n\u003cli\u003eIndian Depository Receipts (IDRs); risk management and inter-bank dealings; Vostro accounts for international trade\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eEnforcement and Allied Laws\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eIndustrial policy of the Government of India\u003c\/li\u003e\n\u003cli\u003eEnforcement of FEMA—adjudication, penalties, appeals (to the Appellate Tribunal), and compounding of contraventions, illustrated with case law\u003c\/li\u003e\n\u003cli\u003ePrevention of Money Laundering Act (PMLA)\u003c\/li\u003e\n\u003cli\u003eForeign Contribution (Regulation) Act (FCRA)\u003c\/li\u003e\n\u003cli\u003eCOFEPOSA 1974\u003c\/li\u003e\n\u003cli\u003eInternational Financial Services Centre (IFSC)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003eThe book runs to 55 chapters (plus a supplementary Chapter 14A) followed by a Subject Index, moving logically from the general to the specific, and each chapter is built to stand alone:\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003eFoundational Chapters\u003c\/strong\u003e — Introduce FEMA, the RBI's controlling role, and the machinery of Authorised Persons and forex dealings\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eTransaction-based Chapters \u003c\/strong\u003e— Work through current account transactions (remittances, LRS) and the export\/import of goods and services, including realisation and repatriation\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eForeign-investment Chapters\u003c\/strong\u003e — The core FDI block (routes, sector caps, downstream investment, transfers, pricing, FPIs, FVCIs, and investment vehicles), followed by outbound topics such as overseas investment, ECB, and trade credit\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eProperty, Establishment, and Market-infrastructure Chapters\u003c\/strong\u003e — Address immovable property, remittance of assets, branch\/LO\/project offices, IDRs, and inter-bank dealings\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eEnforcement and Allied-law Chapters\u003c\/strong\u003e — Close the book with penalties, appeals, compounding, and the connected regimes of PMLA, FCRA, COFEPOSA, and IFSC\u003c\/li\u003e\n\u003cli\u003eWithin each chapter, granular, decimal-numbered paragraphs blend the statutory text with the RBI's operating instructions, procedures, forms\/formats, and interpretive case law, while the Subject Index provides an additional route to pinpoint specific provisions\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Taxmann","offers":[{"title":"Default Title","offer_id":40803353034833,"sku":"9789371265980","price":1149.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0574\/5534\/5745\/files\/1_1de64e21-ce50-4fa1-990c-77365b7048c0.jpg?v=1784110772","url":"https:\/\/buytestseries.in\/products\/fema-fdi-ready-reckoner-book-by-taxmann","provider":"BuyTestSeries.in","version":"1.0","type":"link"}