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<h1>Foreign Diplomatic Missions and Personnel Granted Special Deposit Account Privileges Under FEMA Regulations 2016</h1> The exemptions under Foreign Exchange Management (Deposit) Regulations, 2016. Specific exemptions include deposits by foreign diplomatic missions, diplomatic personnel, and their families in rupee and foreign currency accounts. These accounts have specific conditions for credits, debits, and repatriation, allowing funds to be maintained and transferred without Reserve Bank approval. Additional exemptions cover deposits from Nepal, Bhutan, and multilateral organizations operating in India.