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INTENSIVE STUDY COURSE ON FEMA

December 13 @ 9:30 am - 6:00 pm

INTERNATIONAL TAXATION COMMITTEE
Chairman : Rajesh L. Shah
Vice Chairman : Kirit Dedhia, Harshal Bhuta
Convenors : Isha A. Shekhri, Ronak Doshi, Kartik Mehta
Advisor : Dilip J. Thakkar

This Course is designed to provide conceptual clarity to the professionals desiring to commence practice and will also help existing professionals in FEMA practice and in industry to equip and update themselves with the relevant provisions, procedures and various issues affecting day-to-day practice to assist them while executing transactions under FEMA.

Day & Date : Friday, 13th, Saturday, 14th, Friday, 20th & Saturday, 21st December, 2019
Time : 9.30 a.m. to 6.00 p.m.
Venue : Babubhai Chinai Hall, 2nd Floor, IMC, Churchgate, Mumbai-400020
Fees : Up to 30/11/2019 From 01/12/2019
Member : ₹ 5,750/- + ₹ 1,035/- (18% GST) = ₹ 6,785/- ₹ 6,750/- + ₹ 1,215/- (18% GST) = ₹ 7,965/-
Non-Member : ₹ 6,500/- + ₹ 1,170/- (18% GST) = ₹ 7,670/- ₹ 7,500/- + ₹ 1,350/- (18% GST) = ₹ 8,850/-

 

Sr.No. Topics
1 Inauguration and Key Note address
2 Overview of FEMA, Residential Status, definition and its impact on interpretation including case studies
3 Capital and Current Account transactions with remittance and repatriation facilities (Liberalised Remittance Scheme (‘LRS’) and 1 million) for
Residents and NRI’s including case studies
4 FDI – Entry Strategies in India, Recent Changes in FDI, policy, downstream Investment, pricing etc., Investment in LLPs & Indian companies on repatriation and non-repatriation basis including Sectoral Guidelines for Retail, e-commerce, Real Estate etc. (Schedules 1,4 & 6 of FEMA 20(R), concept of round tripping including case studies
5 FDI – Alternate Investment Fund, Investment through FPI, FVCI, PIS scheme, REITS etc. and introduction of structure of AIF, FPI, FVCI, REITs including case studies
6 Regulations relating to Outbound Investments with Case studies and Issues
7 Setting up of Liaison office/ Branch office/Project office in India & outside India
8 Practical aspects:
• Change in residential status resident to non-resident and non-resident to resident – Care and Precautions
• Case Studies in relation to NRIs and Returning Indians
• Making an application under the approval route
9 Acquisition of Immovable Properties in India by Foreign Nationals and other Entities and Acquisition of Immovable Properties outside India by Residents
10 FEMA & PMLA – Law & procedure on penalties & prosecution in case of (a) holding Foreign Assets, (b) Black-Money Act, 2015 (c) FATCA
11 Sector specific FDI regulations – Trading, E-Commerce, Financial Services
12 Auditors Responsibility from a FEMA perspective
13 Practical Issues in FIRMS
14 Export and Import under FEMA
15 Deposits and Bank Accounts
16 Borrowing and lending in Foreign Currency & Indian rupees with recent changes
17 Compounding of offences – major areas, general guidelines and procedural aspects
18 Brain Trust

*Eminent Faculties will address the Course

Details

Date:
December 13
Time:
9:30 am - 6:00 pm