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            <h1>FEMA Aims to Streamline Foreign Exchange, Boost Trade, and Ensure Market Stability in India</h1> The objective of the Foreign Exchange Management Act (FEMA) is to facilitate external trade and payments while promoting the orderly development and maintenance of the foreign exchange market in India. FEMA addresses the procedures, formalities, and dealings of foreign exchange transactions, which are categorized into Current Account Transactions and Capital Account Transactions.

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