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Foreign Exchange, or simply known as Forex, refers to the conversion of one currency to another. Many people actively engage themselves in forex trading, which is the buying and selling of global curr ....
The Liberalised Remittance Scheme (LRS) is a scheme launched by the Reserve Bank of India (RBI) in 2004. Under the LRS scheme, resident Indians are allowed to remit a certain amount of money to anothe ....
For families, remittance is an important source of income and also good for national income. It is one of the largest sources of external financing. In India, there are two channels to receive remitta ....
Foreign exchange is a way of trading one currency to another. For instance: INR can be swapped into UDS. And the market that allows foreign exchange or called Foreign Exchange Market or Forex.
This post was originally published in 2023 and has been updated on August 02, 2025, to provide you with the most current and accurate information.
The full form of FEMA is Foreign Exchange Manageme ....
Preface: This post was originally published 2022 and has been updated on 18 Dec, 2025, to provide you with the most current and accurate information.
The Foreign Exchange Management Act (FEMA ....
FEMA consultants are perhaps the most underappreciated business professionals in the world. Having the knowledge of both Indian, and foreign accounting techniques, these professionals provide a wide v ....
