To succeed in today’s global marketplace and win sales against foreign competitors, exporters must offer their customers attractive sales terms supported by the appropriate payment methods. Because getting paid in full and on time is the ultimate goal for each…
A vibrant and insightful workshop on FEMA (Foreign Exchange Management Act) and Trade Finance was held, bringing together industry participants to deepen their understanding and enhance their capabilities in these critical areas. The event was marked by engaging discussions, expert…
Factor’ has been derived from the Latin word ‘Facere’ which means ‘to make or to do’. According to Webster's Dictionary, ‘Factor’1 is an agent, as a banking or insurance company, engaged in financing the operations of certain companies or in…
Mastering International Trade: Decoding Incoterms and Payment Terms for Export-Import Success Basically, the need to write this blog came, based on my recent interaction with an MSME exporter. In my recent consultation with an MSME (Micro, Small, and Medium Enterprises)…
The RBI vide its Notification RBI/2024-25/46 A.P. (DIR Series) Circular No. 12 dated 3rd July 2024, has now permitted all ADs to facilitate remittances based on the online/physical submission of Form A2 with no limit on the amount that can…
The Foreign Exchange Management Act (FEMA) stands as a cornerstone in India's regulatory framework, overseeing foreign exchange transactions and currency dealings since its enactment in 1999. Replacing the Foreign Exchange Regulation Act (FERA), FEMA ushered in a new era of…
In today's interconnected global economy, international trade forms the backbone of economic growth and prosperity for many businesses. Whether you're a small enterprise or a multinational corporation like Sriya Enterprise, understanding trade finance is crucial for navigating the complexities of…
The event organized by FIEO focused on a Capacity Building Programme: Awareness Programme on "Exports India@75 - District As Export Hub" in Vadodara. Trade compliance is a crucial part of corporate operations, ensuring that all import and export transactions adhere…
Root Cause Analysis (RCA) is a crucial method for identifying the underlying reasons for issues within business processes. This blog will dissect a typical RCA for Export and Import operations, highlighting common pitfalls and providing insights into how businesses can…
Dreaming of Property Ownership in the Gulf's Cosmopolitan Hub? Don't Forget Your FEMA Foreign exchange regulations can make buying property in Dubai a bureaucratic quagmire for Indians. Offers of simple payment plans with annual installments may be in violation of…
