FOREIGN EXCHANGE MANAGEMENT (MANNER OF RECEIPT AND PAYMENT) REGULATIONS, 2000Foreign Exchange Management (Manner of Receipt And Payment) Regulations, 2000
FOREIGN EXCHANGE MANAGEMENT (MANNER OF RECEIPT AND PAYMENT) REGULATIONS, 2000Foreign Exchange Management (Manner of Receipt And Payment) Regulations, 2000
Permitted currency definition clarifies freely convertible foreign currency status and roles of authorised dealers and authorised banks. Definitions designate key terms: Act means the Foreign Exchange Management Act, 1999; authorised dealer means a person authorised under Section 10; ... Summary
Permitted currency definition clarifies freely convertible foreign currency status and roles of authorised dealers and authorised banks.
Definitions designate key terms: Act means the Foreign Exchange Management Act, 1999; authorised dealer means a person authorised under Section 10; authorised bank means a bank authorised to accept deposits from persons resident outside India; FCNR/NRE account means an FCNR or NRE account under the Deposits Regulations; Permitted currency means a freely convertible foreign currency; undefined terms import meanings from the Act.
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