2. Objective of FEMA
Under FEMA Retainership, we the Team of PGC offer the following :
With the in depth knowledge of international markets and the Foreign
Investment Management Act (FEMA), 1999 and have comprehensive
experience in cross border transactions, we assure to:
Assist in regulatory compliance of FEMA .
Advice on regular daily foreign exchange transactions
Filing and compliance checkup with Reserve Bank of India
Maintain a check on compliances (FDI, Export, Import etc.)
Foreign Exchange Audit compliance check
Regular Updation on Foreign Exchange Laws for company.
Our Services
3. Investing in India
Automatic Route Government Route
(FIPB)
General Rule
No prior Permission Required
Only informing RBI within 30
days of issue and receipt of fund
Prior Permission
Required
4. Activities requiring
Government Approval
Retail Trading (except
single brand retailing)
Atomic Energy
Lottery Business
Gambling Betting etc.
Business of chit fund
Nidhi Company
Trading in TDRs
Activity /sector not
opened for private sector
investment
Agriculture
Plantation except tea
plantation
Real Estate Business
Manufacture of Cigars
etc.
Petroleum Sector
Investing Companies in
Infrastructure and Service
Sector
Defense & Strategic Industries
Atomic Minerals
Print Media
Broadcasting
Postal Services
Courier Services
Establishment & operation of
Satellite
Development of Integrated
Township
Tea Sector
Asset Reconstruction Company
