NRI's CORNER
F.E.M.A.
About Us
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About us
 

Frankly speaking, femaonline.com conceptually started as an office tool. Being an NRI Consultancy company,  for us at Keynote Corporate Counsels Pvt. Ltd., maintaining an updated copy of Foreign Exchange Management Act,1999,(FEMA),  and related Regulations was a basic requirement. What started as an office supporting exercise eventually created a full-fledged website on Foreign Exchange Management Act,1999 (FEMA). The site is created with basic objective of presentation of  most updated edition of the Act and Regulations as the main theme built on basic fundamentals of :

  1. Regular updation of Regulations
  2. Practical utility viz-a-viz absolute simplicity, and
  3. All this from the user's perspective.

One can not imagine talking about FEMA without thinking of Non Resident Indians (NRIs); returning NRIs and bankers who in all probability come closest to FEMA and related regulations. This has promted us to make specific sections for each of them as :

  1. NRI's Corner
  2. Returning NRIs' Corner, and  
  3. Bankers's Corner.

And  while doing so, it was also thought proper to incorporate relevant provisions of Direct Taxes namely the Income Tax Act, 1961 and the Wealth Tax Act, 1957.

focus: femaonline.com is created as a dedicated website focusing on Foreign Exchange Management Act, 1999 and related Regulations. The site is designed as a day-to-day reference material for Chartered Accountants, Lawyers, NRI Consultants, Bankers and professionals as also NRIs at large.

the team: The core team of femaonline.com  comprises of practicing Chartered Accountants, NRI Consultants, Ex-Bankers and Computer Programmers.

 

 

Our Professional  Services  :
We offer professional services regarding Streamlined Domestic Offshore Procedure (SDOP) by way of Computation of penalty ; preparations of Indian income in US$ terms for revising Fed Tax returns for previous 3 years ;  annexures of Foreign Bank Account Reporting (FBAR) for previous 6 years. ; annexures of Foreign Assets Tax Compliance Act (FATCA) for previous 3 years ; Addressing queries of US CPA and lawyer if any and response to queries raised by tax Authorities if any. 

We offer professional services regarding Streamlined Domestic Offshore Procedure (SDOP) by way of compilation and preparation of all necessary information and annexures which are to be filed by Tax Payers with help of CPA and / or Lawyer in USA.

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