Inoperative foreign currency deposits: FEMA regulations govern their crystallization and commence upon Official Gazette publication. Foreign Exchange Management (Crystallization of Inoperative Foreign Currency Deposits) Regulations, 2014 regulate crystallization of inoperative foreign ... Summary
Inoperative foreign currency deposits: FEMA regulations govern their crystallization and commence upon Official Gazette publication.
Foreign Exchange Management (Crystallization of Inoperative Foreign Currency Deposits) Regulations, 2014 regulate crystallization of inoperative foreign currency deposits under the Foreign Exchange Management Act, 1999. Made by the Reserve Bank under its statutory powers, the Regulations take effect upon publication in the Official Gazette.
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