FEMA Practice Manual (4th Edition, 2026) by CA. Sudha G. Bhushan is a comprehensive, practice-oriented guide to India's cross-border regulatory framework under FEMA 1999. It weaves FEMA's statutory provisions with RBI's rules, master directions, and circulars, ties them to real business transactions, and answers not just what the law requires but why it was framed that way and how it plays out in practice. Reinforced with diagnostic tables, worked examples, checklists, FAQs, and actual compounding orders, it works equally as a conceptual text and a day-to-day compliance companion. Fully updated to 15th July 2026, it captures the latest reforms—including the new Guarantees Regulations 2026, the Non-Debt Instruments (Third Amendment) Rules 2026, and the liberalisation of FDI from land-bordering countries—making it an authoritative desk reference for corporates, professionals, bankers, investors, NRIs, and students alike.
