Taxmann FEMA & FDI Ready Reckoner 24th Edition Dec 2025

Taxmann FEMA & FDI Ready Reckoner 24th Edition Dec 2025

The Present Publication is the 24th Edition | 2026, amended up to 25th November 2025 

The book is structured as a comprehensive lifecycle reference for foreign exchange and foreign investment transactions, covering FEMA fundamentals, advanced cross-border transactions, compliance, and enforcement.

• FEMA Foundations & Transaction Mechanics
  • This section explains the evolution and scope of FEMA, the role of Authorised Persons, and the framework governing foreign exchange accounts in India and abroad. It covers receipt, payment, realisation, repatriation, and surrender of foreign exchange, along with money changing activities, the Money Transfer Service Scheme (MTSS), and rules on possession, retention, and movement of foreign currency
• Remittances, Trade & Liberalised Remittance Scheme (LRS)
  • This part deals with current account transactions, including remittances under LRS, exports and imports of goods and services, project and service exports, and foreign exchange rate mechanisms. It also addresses operational aspects of cross-border payments through Online Payment Gateway Service Providers (OPGSPs)
• Capital Account Transactions & Foreign Direct Investment (FDI) in India
  • This section provides comprehensive coverage of capital account transactions and foreign investment in India, including FDI in Indian companies, sector-wise FDI policy, and downstream investment. It covers FDI through rights and bonus issues, sweat equity, mergers and amalgamations, transfer of securities and pricing guidelines, FDI in LLPs and startups, investments through GDRs/ADRs, and investments by NRIs/OCIs, FPIs, FVCIs, foreign funds, central banks, and investment vehicles
• Overseas Investment & Cross-Border Finance
  • This part addresses overseas investment by Indian entities under the 2022 Rules and RBI Master Directions, including APR and continuing obligations. It covers guarantees, borrowing and lending in foreign currency and Indian Rupees, External Commercial Borrowings (ECB), trade credit and structured obligations, foreign investment in debt instruments, and the Late Submission Fee (LSF) framework for delayed filings
• Property, Banking & Institutional Framework
  • This section covers the acquisition and transfer of immovable property in India and abroad, the remittance of assets, and the establishment of Branch, Liaison, and Project Offices by foreign entities. It also includes Indian Depository Receipts (IDRs), risk management and inter-bank dealings, Vostro Accounts, INR-based international trade settlement, and Special Rupee Vostro Accounts
• Enforcement, Penalties & Allied Laws
  • The final section explains enforcement under FEMA, penalties, appeals, and compounding of contraventions. It also integrates allied laws such as the Prevention of Money Laundering Act (PMLA), the Foreign Contribution (Regulation) Act (FCRA), COFEPOSA, and the regulatory framework governing International Financial Services Centres (IFSC) and the IFSCA