The book provides deep insight into Foreign Exchange Management Act, 1999. It contains section wise commentary of all the Sections under FEMA. All the Regulations and Rules under FEMA have been comprehensively discussed and have been divided, based on entity to which it is applicable. All the entities under the Act viz Limited Liability Partnership, Foreign Institutional Investors, Non-resident Indians, Residents, Corporate entities, AIFs, REITS, InvITs, Foreign Venture Capital Investor etc have been duly covered in detail. Balance Sheet approach has been adopted in this publication, to ease the understanding of the applicability of various provisions of FEMA, 1999 to a company. Every heading of Balance sheet has been taken into account and related to the provision under FEMA, making it easier to understand the law especially for practitioners. The book provides Case studies, Checklists, illustrations and practical guidance into all most all the provisions under the Act. It also includes pictorial representation of the various Regulations and Rules for ease of reference. An exhaustive list of certification to be done by CA/ CS/ CWA under the FEMA is also given. It incorporates a comprehensive and meticulous coverage of all new topics including 'FDI in Investment Vehicles', 'Rupee denominated Bonds' etc. This book is a practical guide on FEMA and all the practitioners dealing with the subject including the Chartered Accountants, Company Secretaries, Cost Accountants, Lawyers Authorised dealer Banks and MBAs will surely find it to be of great value.