Currency permission framework allows cross-border movement of Indian notes upon application, demonstrated necessity, and stipulated conditions. Reserve Bank discretion permits a person to take or send Indian Government or Reserve Bank currency notes out of India, or bring them into India, ... Summary
Currency permission framework allows cross-border movement of Indian notes upon application, demonstrated necessity, and stipulated conditions.
Reserve Bank discretion permits a person to take or send Indian Government or Reserve Bank currency notes out of India, or bring them into India, notwithstanding other regulatory restrictions. Permission requires an application and satisfaction that authorisation is necessary, and may be subject to stipulated terms and conditions.
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