ITFT - Legal environment

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    22-Nov-2014

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Meaning of Legal Environment in india

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  • 1. LEGAL ENVIRONMENT ITFT College 1 04/26/14
  • 2. CONTENT Meaning Competition Law Competition Act 2002 Foreign Exchange Management Act (FEMA) ITFT College 2 04/26/14
  • 3. MEANING Set of laws, regulations, which influence the business organisations and their operations. ITFT College 3 04/26/14
  • 4. It is designed to protect the interest of the consumer by protecting competition in the market. ITFT College 4 04/26/14
  • 5. COMPETITION ACT, 2002 ITFT College 5 04/26/14
  • 6. ITFT College 6 04/26/14
  • 7. ITFT College 7 04/26/14
  • 8. Features FEMA gives the central government the power to impose the restrictions. Restrictions are imposed on immovable property abroad. The transactions should be made only through an authorised person. ITFT College 8 04/26/14
  • 9. Features Deals in foreign exchange can be restricted by the Central Government. The RBI is empowered the capital account transactions to a number of restrictions. Exporters are needed to furnish their export details to RBI. ITFT College 9 04/26/14
  • 10. Features Deals in foreign exchange can be restricted by the Central Government. The RBI is empowered the capital account transactions to a number of restrictions. Exporters are needed to furnish their export details to RBI. ITFT College 9 04/26/14