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FEMA Regulations for NRIs: A Complete Guide
Who is an NRI? Under FEMA, an NRI is a person: Who is an Indian Citizen, has gone out of India or stays outside India, in either case for or on taking up employment outside India for carrying on a…
FEMA rules for NRIs define how non-resident Indians manage bank accounts, investments, property purchases, and foreign remittances in India. Governed under FEMA and enforced through Reserve Bank of India regulations, these rules ensure lawful cross-border financial transactions. Proper compliance helps NRIs avoid penalties, account reclassification issues, and regulatory restrictions while managing Indian assets smoothly.
