Infodriveindia.com updates Latest Notifications by FEMA
Premium Import Export online database provider of the country infodriveindia.com has updated its website with the latest notifications issued by Foreign Exchange Management Act or the FEMA.
- Yakima, WA (1888PressRelease) November 30, 2010 - Established to consolidate and amend the laws relating to foreign exchange trade in the country with the objective of facilitating external trade and payments, the FEMA Act issues Guidelines and Notifications from time to time. Traders involved in Foreign Trade have to keep a tab on all the recent announcements and notifications issued by FEMA. Applicable to all parts of India, where ever foreign trade takes place, FEMA Act is also applicable to all branches, offices and agencies outside India owned or controlled by a person who is a resident of India.
Commenting on the successful launch of this section, Mr. Rakesh Saraf, CEO, infodriveindia.com says, "At infodriveindia.com, we strive to bring the latest circulars and notifications issued by the governing authorities of the foreign trade at the earliest. That is why we continuously upgrade our website with all the latest announcements from all the eminent authorities like FEMA, Reserve Bank of India (RBI), Indian Customs, Director General Foreign Trade (DGFT), Excise Notifications, Service Tax Notifications and Central Board of Excise and Customs (CEBC). We understand the complexities involved in the Import Export Business and the risk factors involved, which is why we ensure our clients are supported with the most recent announcements at the earliest. We also provide online support to those who are not very familiar with the Notifications and need assistance to understand the relevant points mentioned. If you are not able to find a particular notice or FEMA Act in our website, you can just send us your query in an online form provided on the right and our representative will get in touch with you."
Infodriveindia.com is a complete web portal that provides all the relevant information to the importers and exporters. Providing updates on latest Notifications and Circulars are secondary services of the company, its prime objective is to provide authentic and reliable shipment data covering all the ports of India. This database contains records of the import and export activities happening all over the country. Access to this database is a paid service of the company and all those directly or indirectly dealing with international trade can avail the benefit. For instance - all the buyers / suppliers looking for Indian Exporters or Importers directly involved in the foreign trade can access the exporters / importer list to download relevant information. On the other hand those providing services such as Shipping companies, clearing and Forwarding Agents and Research companies, indirectly related to import export business can also access information from the site for searching potential customers.
Adds Mr. Saraf, "We started this website to help all those who are directly or indirectly related to import export business. Our website is a complete treasure of information that can be accessed easily by paying a nominal fee towards the service. Only some of the services are paid rest of the information regarding updates, announcements and HS-codes are free of cost. Our offline team at Calcutta and New Delhi provides assistance to all those who ask for our consultation services. visit on - http://www.infodriveindia.com/Exim/Reserve-Bank/FEMA.aspx
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