Permissible Capital Account Transactions regulated by RBI under FEMA powers, notified to commence in June. The notification establishes the Foreign Exchange Management (Permissible Capital Account Transactions) Regulations, 2000, made under the powers conferred by the Foreign Exchange Management Act, 1999, in consultation with the Central Government to regulate permissible capital account transactions; it sets out the short title and declares the regulations' commencement, thus bringing the regulatory framework for capital account transactions into force.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Permissible Capital Account Transactions regulated by RBI under FEMA powers, notified to commence in June.
The notification establishes the Foreign Exchange Management (Permissible Capital Account Transactions) Regulations, 2000, made under the powers conferred by the Foreign Exchange Management Act, 1999, in consultation with the Central Government to regulate permissible capital account transactions; it sets out the short title and declares the regulations' commencement, thus bringing the regulatory framework for capital account transactions into force.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.