Professional Documents
Culture Documents
Sr. No Differences Fera Fema
Sr. No Differences Fera Fema
No
1
DIFFERENCES
FERA
FEMA
PROVISIONS
FEATURES
NEW TERMS IN
FEMA
DEFINITION OF
AUTHORIZED
PERSON
MEANING OF
"RESIDENT" AS
COMPARED
WITH INCOME
TAX ACT.
PUNISHMENT
QUANTUM OF
PENALTY.
APPEAL
10
RIGHT OF
ASSISTANCE
DURING LEGAL
PROCEEDINGS.
POWER OF
SEARCH AND
SEIZE