FEMA registration in India isn't a one-size-fits-all requirement for foreign exchange transactions. The Foreign Exchange Management Act (FEMA) regulates these transactions, but registration itself is usually only necessary for specific situations. These might include receiving large sums of money from abroad, making significant investments overseas, or running a business that frequently deals in foreign currency.  If you're unsure whether FEMA registration applies to your situation, consulting a financial advisor familiar with FEMA regulations is highly recommended.