FOREIGN EXCHANGE MANAGEMENT (FOREIGN CURRENCY ACCOUNTS BY A PERSON RESIDENT IN INDIA) REGULATIONS, 2000 - Foreign Exchange Management (Foreign Currency Accounts By A Person Resident In India) Regulations, 2000
FOREIGN EXCHANGE MANAGEMENT (FOREIGN CURRENCY ACCOUNTS BY A PERSON RESIDENT IN INDIA) REGULATIONS, 2000 - Foreign Exchange Management (Foreign Currency Accounts By A Person Resident In India) Regulations, 2000
Foreign currency account regulations set rules for residents' account operations and holding limits, and fix commencement of obligations. Regulations prescribe the framework for opening, holding and maintaining Foreign Currency Accounts by persons resident in India, including permissible ... Summary
Foreign currency account regulations set rules for residents' account operations and holding limits, and fix commencement of obligations.
Regulations prescribe the framework for opening, holding and maintaining Foreign Currency Accounts by persons resident in India, including permissible limits of balances, are made under powers conferred by provisions of the Foreign Exchange Management Act and specify their short title and commencement date, thereby fixing when the operational and compliance obligations for residents become effective.
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