TaxTMI Login
🎉 Festive Offer: Flat 15% off on all plans! →⚡ Don’t Miss Out: Limited-Time Offer →
TaxTMI 
Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Authorized Dealers and Foreign Entities Gain Flexible Banking Rules for Deposit Accounts Under RBI Regulatory Framework</h1> The regulation outlines rules for deposit accounts maintained by authorized dealers and foreign entities in India. It allows authorized dealers to hold deposits with overseas branches, permits foreign shipping and airline companies to open foreign currency accounts for local expenses, and enables unincorporated joint ventures to maintain specific accounts. The regulation also provides provisions for foreign portfolio investors, foreign venture capital investors, and non-resident entities to open and operate specific types of accounts under Reserve Bank of India's guidelines, with specific restrictions and conditions for account operations.
TaxTMI 
