The obligation to submit the FLA Return stems from FEMA, 1999, specifically read with the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, ...

The Enforcement Directorate has seized immovable properties worth ₹ 22.02 crore of Rana Sugars Limited under section 37A of the Foreign Exchange Management Act (FEMA), 1999, for holding foreign ...

David Maurstad was Nebraska's Lieutenant Governor in 1999. In 2001, the Republican went on to FEMA, where he served nearly two decades, the last several years as a deputy associate administrator.