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PRODID:-//The Chamber of Tax Consultants - ECPv4.8.1//NONSGML v1.0//EN
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X-WR-CALNAME:The Chamber of Tax Consultants
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X-WR-CALDESC:Events for The Chamber of Tax Consultants
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DTSTART;TZID=UTC+0:20190306T180000
DTEND;TZID=UTC+0:20190306T200000
DTSTAMP:20260507T145519
CREATED:20190228T095315Z
LAST-MODIFIED:20190228T100333Z
UID:973-1551895200-1551902400@ctconline.info
SUMMARY:FEMA STUDY CIRCLE MEETING (FOR FEMA SC MEMBERS ONLY)
DESCRIPTION:\n\n\nINTERNATIONAL TAXATION COMMITTEE\n\n\nChairman :\nRajesh P. Shah\n\n\nCo-Chairman :\nRajesh L. Shah\n\n\nVice-Chairman :\nKartik Badiani\n\n\nConvenors :\nRakesh Upadhyaya\, Shreyas Shah\, Harshal Bhuta\n\n\n\nIndividuals are permitted to make remittances outside India under the limit of $ 2\,50\,000/- per Financial Year towards any permissible Current Account and Capital Account transaction(s). It is essential for advisors to be aware about the regulations while advising their clients on remittances under LRS to avoid contravention of law. Common questions on this topic are: Can family members club remittances under LRS? Can remittances made in preceding FYs be used for any purpose outside India in current FY? Can forex be gifted in form of currency notes to close relative under LRS? Whether LRS route can be used for emigration purposes by investing in foreign immigration schemes? Whether sale proceeds of assets originally purchased through LRS need to be repatriated?  \nRemittances under Liberalised Remittance Scheme (‘LRS’) generally spike towards the end of a financial year. This meeting has been arranged to understand in detail the (substantive and reporting) regulations dealing with remittances under LRS. \nWe request you to please mark your diaries and make it convenient to attend and participate actively in this study. Speaker will discuss various practical examples and his vast experience of FEMA on other aspects wherever reference may be required from other notifications and circulars/master directions  \nPlease note that\, henceforth all notices for meetings of FEMA Study Circle will be sent via email only. If any member wishes to receive notice in hard copy\, they may intimate the same to any of the conveners. \nKindly ensure to pay annual FEMA Study Circle fees of ₹ 1\,770/- (inclusive of GST) before attending this meeting. If you have not paid the annual membership fees\, you can also attend this session by paying ₹ 200/- (inclusive of GST) on the spot at CTC\noffice.   \n\n\n\nDay & Date\n:\nWednesday\, 6th March\, 2019\n\n\nTime\n:\n6.00 p.m. to 8.00 p.m.\n\n\nVenue\n:\nCTC Conference Room\, 3\, Rewa Chambers\, Gr. Floor\, 31\, New Marine Lines\, Mumbai-400 020\n\n\nSubject\n:\nRegulations dealing with remittances under LRS\n\n\nSpeaker\n:\nCA Rajesh L. Shah\n\n\n\n
URL:https://ctconline.info/event/fema-study-circle-meeting-for-fema-sc-members-only/
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