Capital Account Transaction

A transaction under FEMA that alters assets or liabilities including overseas direct investment, foreign borrowings, acquisition of immovable property abroad, and transfer of capital assets. Restricted and regulated by RBI.

Capital Account Transaction is governed by the Foreign Exchange Management Act, 1999 and regulated by RBI. Understanding this concept is essential for ensuring regulatory compliance, avoiding penalties, and making informed corporate decisions in India.

Capital Account Transaction is relevant for company secretaries, compliance officers, chartered accountants, corporate lawyers, board members, and all professionals dealing with FEMA regulatory matters in India.