14. Foreign Exchange Management Act FEMA Revision CA Inter Law by CA Shubham (AIR 4) Jan'25 & May'25

[@your_buddyCA]

If you are done watching this 2 hours revision, it's now time to revise FEMA in 20 mins :) Here you go - kzbin.info/www/bejne/nqXCloWcqcqri5Y

[@camaynovkid]

Sir question Bank?

[@prerana2099]

Sir plz share this chapters cls notes

[@snehlatasinghal]

Thank you so much sir..scored 63 in law

[@NAWAJMeman-dq7pn]

Mai Hindi midium student hu kya aap apne notes de sakte ho please reply ​@@snehlatasinghal

[@Ysusnsj]

Sir please pin this

[@abhishekgodhakiya6567]

Ye comment khaas un logo ke liye hai jinhone kabhi FEMA nahi padha hai like me and you all Guys Trust me ye lecture ko more than 3 times dekho aapko FEMA me se kuch bhi puche u r able to give answer this is my experience from shubham sir Hat's off to you Sir 😊

[@MeghaMukherjee-u3f]

KHAO MAA KASAM

[@____A-r-m-a-n_______________7]

​@@MeghaMukherjee-u3f 😂😂😂😂😂 lmao

[@AnishKumar-tf3xt]

​@@MeghaMukherjee-u3f😂😂

[@wielderofgandiva2003]

1 bar dekh ke module se padh lo simple ho jayega

[@abhishekgodhakiya6567]

​@@wielderofgandiva2003yes

[@sidhesh15]

00:00:00 - Start 00:01:45 - Purpose of the Act 00:05:03 - Forex Regulation Act vs FEMA 00:07:08 - Sec 1- Applicability 00:08:13 - Sec 2- Definition 00:24:40 - Person Resident in India 00:39:22 - Person Resident outside India 00:41:17- Sec 3- Dealing in Foreign Exchange, etc 00:47:55 - Sec 4- Holding of Forex 00:49:34 - Sec 5- Current Account Transactions 00:54:25 - Schedule I 1:00:24 - Schedule II 1:07:55 - Schedule III 1:28:44 - Sec 6- Capital Account Transaction 1:36:48 - Permissible Transaction for PRI 1:39:39 - Permissible Transaction for PROI 1:40:16 - Prohibited CAT

[@mannaSomani]

Thanks brother

[@amanbhatia5772]

Can anyone reply to below query?? Is it possible to offset the foreign assets (Debtors) and liabilities (Creditors) among the Group companies through the Triparty agreement. Will there be any non-compliance of FEMA of RBI regulations. How we would be able to close our foreign exchange obligations with Banks.

[@abdulnafay8649]

bro thank you so much

[@rittikadas7911]

Grt

[@vanshkhetwal1700]

Much appreciated

[@srishtianand23]

i can't tell you how blessed i am to find you as my teacher!! aapne itte saare teachers ko peeche chodh diya haina apni skills and teaching style se!! so proud to be your student.

[@barkatullah6123]

Sir I never studied fema like this Amazing or bestest lecture of fema I will definitely be productive for next 7 hrs

[@dhruvvasani30]

Sir you are giving your 100% efforts for this revision and i promise to give my 200% efforts for self-study. 🫡

[@SUJITYADAV-b6h]

Thik h jaaa ab padhai kr

[@sonyab5468]

Bhai sir ne kaha tha vo questions bank kaha se milega telegram link ho to bato

[@AjayKumar-gu5fz]

Kya raha result?

[@Abhieditz_.-]

​@@AjayKumar-gu5fz L lgg gye 😅

[@bhavnapatel1634]

Bro pass ho gya??

[@nirwan_komal]

I am watching this lecture on the day when Respected Manmohan Singh is no more 🫡

[@krishnaagarwal822]

Same bro

[@prabinsingh7038]

U are not alone 😂

[@DakshKhandelwal-h9u]

100% concept clarity of all topics of law within limited time ❤

[@mrabhilashchy3868]

00:11 Revision of Foreign Exchange Management Act under FEMA Act 1999 02:27 FEMA aims to facilitate external trade and orderly development of the forex market 06:19 FEMA Act applicability to branch offices and agencies outside India 08:04 Understanding the roles of Authorized Persons in Foreign Exchange Management 11:50 Foreign exchange covers currency, drafts, travelers cheque, and letters of credit. 13:40 Foreign securities denominated in foreign currency vs. redemptions in Indian currency 17:49 Understanding current account transactions in Foreign Exchange Management Act 19:38 Difference between capital and current account transactions 22:56 Definition of 'Person' in FEMA Act 24:46 Residential status in India 28:57 Differentiation between residential statuses under Income Tax Act and FEMA. 30:53 Understanding the guidelines and implications of 182-day rule for becoming a PR based on previous and current year's stay duration. 35:41 Foreign Exchange Management Act (FEMA) determines residential status 37:42 Understanding the residential status under FEMA 41:25 Dealing in foreign exchange prohibited without authorized person 43:07 Foreign exchange transactions should be done through authorized persons 46:26 Understanding Invert Remittance and Authorized Person 48:31 Regulations of foreign exchange, security, and property ownership in India. 51:55 Understanding gift transactions in foreign exchange management 53:55 Understanding Capital and Current Account Transactions 57:11 Exported commodities and commission exemption under FEMA 58:43 Commission details for Rupee State in Credit Route 1:02:16 Approval required for remittance of freight expenses by PSUs and Government Departments 1:03:55 Remittance of hiring charges and transponders is subject to approval from relevant ministries and departments. 1:07:10 Charges more than prescribed amount require approval and permission. 1:08:45 Foreign Exchange Management Act (FEMA) allows expenses up to $5 lakh per year for various purposes. 1:12:01 Foreign Exchange Management Act (FEMA) limits and regulations 1:14:11 Foreign Exchange Management Act (FEMA) rules for individuals working in India 1:18:22 FEMA rules regarding foreign remittance and limits 1:20:00 Procedure for Drawal and Remittance Under Schedule Three and RBI Approval 1:23:43 Capital account transactions involve changes in assets or liabilities outside India. 1:30:12 Permission required for debt and equity transactions 1:33:37 Foreign Exchange Management Act FEMA Regulations 1:35:47 Regulations regarding foreign currency transactions and accounts 1:39:47 Prohibited capital account transactions in Foreign Exchange Management Act (FEMA) 1:41:33 Prohibited businesses under FEMA 1:44:52 Foreign exchange transactions regulations under FEMA 1:46:38 Focus on FEMA for 30 marks in CA Inter Law

[@anilwaghmare5030]

Thanks 👍

[@pandeyaniiket]

bro revised whole fema in comments

[@poonamtiwari4934]

being your student makes me proud on me sir , and as usually said bhai aaya hai kra ke jayega is whole truth itself ... this revision of FEMA made me gained a lot of knowledge in the most limited time it can ever happen .. revision lga hi nahi esa lga daily class thi.. A thing i make sure IF I SHOOT FOR MOON AND EVEN IF I MISS I WILL LAND ON STAR .. thankyou sir for this revision.. And lastly yes, i will be productive for 8 hours today!

[@आदित्य_001]

Didi i have not purchased any course due to financial problems in my family.. So can i start learning corporate law and other laws from complete beginning by watch sir's marathons

[@kaushaljain833]

prohibited CAT shortcut **** : "proi Really CANT do" R - Real estate business or construction of farmhouse. C - Chit fund. A - Agricultural or plantation activities. N - Nidhi co. T - Trading in TDR ( Transferable Development Rights )

[@anujsah1663]

Rishav bhaiya and vavi k example se CAT and CUAT concept pura clear hojata hai❤😊

[@gauravnegi3536]

00:00:00 - Start 00:01:45 - Purpose of the Act 00:05:03 - Forex Regulation Act vs FEMA 00:07:08 - Sec 1- Applicability 00:08:13 - Sec 2- Definition 00:24:40 - Person Resident in India 00:39:22 - Person Resident outside India 00:41:17- Sec 3- Dealing in Foreign Exchange, etc 00:47:55 - Sec 4- Holding of Forex 00:49:34 - Sec 5- Current Account Transactions 00:54:25 - Schedule I 1:00:24 - Schedule II 1:07:55 - Schedule III 1:28:44 - Sec 6- Capital Account Transaction 1:36:48 - Permissible Transaction for PRI 1:39:39 - Permissible Transaction for PROI 1:40:16 - Prohibited CA

[@CricFlickz]

Due to financial issues I can't afford your classes i poved your revision surely Pass this may attempt and will buy ca final class from you ❤

[@Perryporry]

Soon you'll be 68 and gonna pass with flying colours.

[@ApekshaOjha-k4j]

Galati se b mt lena ca final class inse .... Bhut regret kroge... Koi frk ni h inke revision class and regular class m.. m khud regret kr rhi hu ... Its a trap sbko dekh k decide mt krna kbi

[@lakshaynsfw]

yea agree on your last line mene bhi aise hi karke classes li thi and usme 2-3 teachers se regret Kiya ab ​@@ApekshaOjha-k4j

[@iam_rahulrwt]

Kyu ?​@@ApekshaOjha-k4j

[@आदित्य_001]

Bhaiya i have not purchased any course due to financial problems in my family.. So can i start learning corporate law and other laws from complete beginning by watch sir's marathons

[@Lokesh_Bhalme]

Sir genuinely ye revision na Pura detail tha and Sach mei samja like a regular class ...hats off sir 🎉

[@yashsoni9714]

khao maa kasam

[@Sameeshna]

Such an amazing lecture sir . Thank you sir.sure I will be productive for next 8 hours sir.

[@madhavmalani]

Sir thankyou so much Rapid revision k jagah poora chp normal way se padha diya -much needed.❤

[@lifeizgamez8643]

Kisi ko doubt hau agar 22:06 per to Sir ne likha sahi hai bss thoda sa iidhar uudhar ho gaya bolne me... Ans is Current A/c Transaction 😄

[@amit_x_04]

haa

[@vaibhavchandaliya9999]

Current account transaction h capital acc nahi

[@akansha-h3t]

24:40 PRI 49:30 current account transaction 54:25 schedule 1 1:00:24 schedule 2 1:07:55 schedule 3 1:12:17 Imp 1:16:44 approval of rbi 1:20:35 mcq 1:28:44 section 6 1:30:60 important 1:36:48 permissable

[@SnehaAgarwal-vm7xr]

Amazing lecture sir #law King ca subham singhal sir

[@harshdeepsingh3443]

I believe ICAI should personally refer his classes for law ... i hope jyada logon ka bhala hoga ...🤩🤩

[@ApekshaOjha-k4j]

Revision hi acha hota h sirf... Classes bekar hoti h .. no diff in classes and revision lecture.. A big NOOO

[@rashmibadola3129]

​@@ApekshaOjha-k4j Noo this is wrong, classes revision se b jada achhi hai classes me sir or b jada achhe se explain karte hai.

[@DiaNa-rn3qm]

😂😂dear wo already ICAI KZbin pe padha chuke hai jaha Maine sabse pehle unhe follow Kiya tha then I found him here and following now here😅😂❤

[@Its_SuHa]

I studied this from another teacher, but the way I was able to recollect all conceptually in just 2 hours, and now I have this confidence that I can solve any related questions without any difficulty is all thanks to you sir, thank you so much for putting in these efforts. I really appreciate you..... I promise I will give my 1000%, in this chapter and every day I will push myself a little more....

[@your_buddyCA]

Grab your books here: shubhamsinghal.com/product/ca-inter-corporate-and-other-laws-summary-notesquestion-bank-mcq-booklet-jan-2025/ Grab your regular lectures here: shubhamsinghal.com/product/ca-inter-corporate-other-laws-regular-in-depth-paper-2-jan25-may25-and-sep25/ Grab your Exam oriented batch from here: shubhamsinghal.com/product/ca-inter-corporate-law-other-law-exam-oriented-jan25/

[@simran2559]

thank you sir for such an energetic revision❤‍🔥❤‍🔥

[@TanviSingh26]

The best part of this revision is your efforts to recall us all the examples and concepts . Surely i can say those who haven't studied in regular lecture can study with this revision video with 100% clarity.

[@naazansari391]

Really i never ever thought earlier how this revision lecture can really be able to clear my all doubts in just 1:30 hours.. i regret why i haven't seen it before my exams...thank a million sir...

[@vedthakur8172]

jisne fema nhi padha watch this lecture atleast 2 times then study self with any notes…. FEMA ke saare question solve kar skate ho guaranteed❤

[@pranjalsikand7817]

Better than regular lectures of many faculty thank you so much ❤️

[@nzb.03]

I remember watching this lecture exactly a day before my exam and i was literally studying FEMA for the first time. But, this video seriously helped me so much in solving all the FEMA related questions in the exam the next day. Thank you so much!!!

[@khushigarg3616]

the lecture was awwsome sir❤🎉 done with full fledge revision of FEMA❤👍🏻🤗

[@shruti._shh]

The way he said ''INDIA is not for beginners''❤❤

[@sania9439]

Sir g your hard work is our motivation❤🙏🏻✨✨

[@anushkaagarwal9608]

I will be productive for next 8 hours ❤️. And the lecture was just perfect sir , loving this act from now onwards .

[@shivamgupta8234]

Sir i am not your student but this session is very helpful to revise

[@pankajaggarwal2866]

The lecture is nice.Apne every topic ka concept clear kara diya.Muje apki video dekh ke hi PRI ki definition and baki kafi terms properly clear hua.

[@sanjeeb_1]

Sir You Deserve Only ❤❤❤❤❤❤

[@Pavitra-by6bo]

Best lecturer🔥💫You teach us all difficult topics very easily 😊 I like ur way of teaching and revising 🎉❤😊💖🥰☺️💞

[@Eternal_scale]

I will get exemptions in all three subjects in may 2024 ca inter exam❤

[@khyatiprakash314]

i will also🧲🧿

[@pushkarkashyap9794]

Pri 26:00 Proi ex7 - 37:00 Cuat ex9 - 52:00

[@Sonam.mittal03]

Sir this is not revision..this is much much better than regular classes of some teachers 😊 thank you so much sir for this much unconditional love to your students ❤

[@Prashantchauhan-s9z]

Bro if a person doesn't want to like and comment in starting... lekin after watching the whole class he will definitely like and comment......very good lecture sir thank you so much ❤

[@aspirantsca1]

Thank you so much bhaiya for these lectures you are amazing thank you for being there for us we appreciate your efforts very much ❤️

[@Sahil_Ansari_5]

Most helpful thing from this lecture is your example, literally itna detail me mujhe regular lecture me nahi samajh aya tha doosre teacher se 🔥

[@lakshitagandhi8240]

Best teacher, Dil se thanks ❤

[@Sneha_mutha]

very comprohensive and engaging , i see shubham sir i click even when i dont feel like studying i end up revising a lot

[@ShindeDnyaneshwar_007]

sir todays session is such a great and i will 101% productive for next 5 hours.

[@prathamsuthar27]

sir aapke lectures ki duration kam hoti hai, naki teachers ke one shot ekdum faile huye hote hai, yeh part mujhe best lagta hai appke lectures ke bare mein. thank you sir. & i will be productive for next 8 hours

[@rahul-rd5iw]

Thank you so much sir for your efforts ❤ I will be productive for next 12 hours

[@aa_yush]

When you say "Your CA Buddy", a student can feel it. 😇

[@KhushalPatel-g4i]

Thank you so much sir for providing amazing lecture 😊

[@CAMohdArbazKhan]

Shubham sir ke revision lectures flower ni fire 🔥 hai .....

[@djwalebabu7700]

REVISON LECTURE ❌ REGULAR LECTURE ✅

[@VarunKamat]

1:42:42 The HRITIK ROSHAN VOICE 🔥🔥🔥

[@durgaprasad011]

So much thanks This is first time listening to FEMA But I understood well May be its not as deep as regular but from exam point of view it is so useful ❤❤❤

[@sameerparmar9611]

sir sach bhot helpful hai...bhot jgh se pdha khi smj ni aya apke iss revision se sbb clear ho gya thank you so much sir.......❤❤❤

[@zeelpatel9611]

sir aap like karne mat bolo..... video khulte hi like kar deti hun me to ....sir 10 marks extra ke liye pray karo😅

[@khushalibhati5597]

sir saying this with all my heart....such a perfect revision.❤‍🔥❤‍🔥❤‍🔥

[@nehasinghrajput4249]

Amazing session sir 👏 thank you so much

[@simranrajwani8075]

1:36:00 the topics which you said are not so important September 2024 me vhi points compulsory question me aaya tha Q1(c) But all the topics were covered very well High level understanding ❤

[@your_buddyCA]

Hota hai dost :) ICAI hai. Hence, just like I taught everything , you need to learn everything :)

[@deven.prajapati]

Thanks Sir for these revision lectures

[@kuldeep4201]

Thank you so much sir concepts ache se clear ho gye .. god bless u sir❤

[@kirtithiside2029]

tq so much sir ...seriously sir ur r amazing

[@PrashantKumar-pu2ec]

This video is very helpful for me, because I hadn't studied fema in regular class due to any reason but, I have regained that loss from this video. Thanking 🥰🙏 u Sir for providing this types of amazing support.❣️

[@Allinone-mb3qt]

Thank you for all your efforts I understand all the concepts with clarity and i am confident after watching your video that I can easily score 60 plus in exam

[@kejalguhagarkar6325]

I’m watching your lectures without having read the module first ..whatever understanding I need to get is from your lectures ..that is the amount of trust I’m putting Hoping for the best Thankyou sir 🙌

[@tismah1213]

Sir Thank you for this revision sorry Detailed Revision Sir honestly sir ye mai 1st time pdhi FEMA and itne ache se samjhi sir Thank you so much sir Dil se shukriya ✨ Maine apne juniors ko bhi apka hi class lene ko recommend Kiya coz you are best sir 🙏💖

[@RKr-b6u]

Outstanding lecture ,sir aap bina dance dikhye smjha diye aur dusre nachte hue bhi nhi smjh skte❤🎉

[@aniruddhashahane115]

Love you sirr ❤

[@SuhaneeGarg-wo7qs]

I did whole CA INTER law by self study only just by seeking through your revision lectures and summary books... thankyouu so much my CA buddy.😍🙌🙏🤗

[@AbhishekOKK]

Sir LLP revision please tomorrow

[@yugagarwal1508]

Sir aap humare liye iitna ache se revision krwate ho woh bhi detailed,so thank u so much sir

[@humptysharmavlogs]

Finally watching at 1.25x😂

[@jyotibhardwaj651]

Sir this lecture is far better than other faculties lectures who upload 4 to 5 lectures of 2.5hrs unnecessarily which makes it boring and a thought in our mind is created that it is a difficult one. But u made this chapter interesting and all the concepts taught are crystal n clear ❤ Lots of love and regards from the bottom of my heart 😊❤ Thank u Sir ji 😊

[@आदित्य_001]

Didi i have not purchased any course due to financial problems in my family.. So can i start learning corporate law and other laws from complete beginning by watch sir's marathons

[@jyotibhardwaj651]

​@@आदित्य_001 Even I haven't purchased Law course and completely relied on Sir's revision lectures and got 55 marks in Sep 24 attempt. These lectures give u conceptual clarity but u need to revise law on a consistent basis. You can refer Shubham Sir's question bank and theory book they are really good and helpful. It doesn't matter whether u have taken classes or not what matters is u have to be consistent. Do revise once from ICAI module as Sir's book have 200 pages so everything is given in brief as much as possible. Once u r done with module then refer his books and revisie consistently. All the best for ur upcoming exam 👍🏻

[@piyushswaroop8538]

sir ji kya kahe bahut maja aaraha hai aur helpful bhi hai

[@aditisinghal8911]

Scored 52 in law in may 24 just because of you couldn't clear because of accounts, i will fight back and come back stronger.

[@ashutosh852]

Best of luck 🤞

[@slayers9465]

100 % Conceptual clarity & examples are cherry on cake🥰

[@muhammedirfans4412]

Sir,I am from Kerala, I was having a real tough time understanding this chapter but your class just made these concepts much more understandable. You made these tough topics funny at the sametime understandable . I now have a confidence in sloving the answers from this Chapter . Thankyou verymuch for helping us

[@ankitsethxd]

42:52 Masttt plan hai rajja🎉😂❤

[@himeshpunjabi5082]

Such detailed revision cannot be delivered other than shubham sir...so helpful it was..i promise to make my next 8 hours most effective..💯

[@Kirtikeshari_21]

This is the best revision video on youtube for ca inter students.Sir you are great. I'm so grateful to you for this revision detailed video. Thank you so much🙏🙏.

[@sahiljain3771]

Those who have not done fema yet ....watch this alongside open icai mat. As it contains examples clause wise, you will not face any problem (if any) while reading provisions for the 1st time.

[@amanyadav4870]

Sir thankyou so much, jb chapter start hua tha tb itna confidence nhi aya par iss session ke baad it is crystal clear ❤️

[@shimcheong]

I ignored this chapter in my last attempt thinking kitna bakwas chapter hai kuch samaj nahi aa raha and now I am understanding this chapter word by word. Thank u so much Sir. You are a Pro

[@Ravi-p6j]

I will give my 200% in this attempt... i will secure exemptions in all the subjects.... i will perform better than everyone else

[@payalsinghania7446]

Sir you are the best . All my doubts relating to FEMA was cleared and i could understand this chapter so easily . THANKYOU SIR 😊❤🙏

[@omjasapara3181]

mene mera regular batch kisi or teacher se liya tha par jab mene aapke rivision video dekhe to pata chala law ese hota or itna easily bhi kar sakte i had always regret not purchase regular classes from you but thankfull to revision k liye aapke pass aa gaya

[@your_buddyCA]

Who had you taken classes from?

[@khushipathak0501]

Sir truly aapke revision lectures is best....there was around 3 chp where i was getting problem class ke vkt km smjh aaya tha butt this revision made it fully cleared and i learnt it too

[@prateekghadwaje24]

Your All R.R videos are really helpful it helps to recalls all the concepts which we had learned in our regular classes pleasure to learn from you ❤You are best❤

[@sanjanasharma7280]

To whoever reading this message in future I'm telling you very honestly if you want to ace in your law exam then trust this man, just follow whatever he is saying. And you will never regret purchasing his books. They are the best material for paper 2 preparation. Thank you so much for you efforts sir❤❤

[@deepankarsingh0001]

Yes sir I'll give my 150•/• and I'll be grateful to have you, it's a worthy revision💗

[@krishnajoshi2906]

Can't describe how grateful I am for these revision videos. Thank you so much sir. Keep going 🙏

[@itsfizzthrones]

Thank you so much sir 😊

[@ishaan_ca_aspirant]

the bestest FEMA revision ever, detailed revision in less than 2 hours it is very helpful, THANK YOU SO MUCH SIR ❤

[@111_devpasari4]

My sister became a ca after taking his classes now my turn

[@sakshikulmitra1242]

Sir the lecture is very helpful to revise all concepts+ increasing my understanding towards the topics..

[@tanishkadadhich392]

level of detail in the revision lecture is commendable...extremely greatful to you sir

[@augustineswift5253]

It didn't even feel like I'm studying this chapter for the first time. Amazing concept clarity even though it was a revision lecture. Thank you so much sir🙏🏻

[@rakhifunde4762]

Law is like a Mahabharat and Shubham Singhal sir is like Lord Krishna ❤

[@swamy_17]

Thank you sir❤❤❤ Watching video on sunday 11 pm..

[@Darshanxm]

Sir agar mai law me pass hui to sirf aapki ye revision videos ki vajah se hongi! And I'm giving my 200% I just hope I'll pass!