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of <h1>FEMA allows USD 250,000 annual foreign exchange for individuals; corporate donations and consultancy payments need approval above thresholds</h1> Under FEMA Current Account Transaction Rules 2000, individuals can access foreign exchange up to USD 250,000 annually for purposes including private visits, gifts, employment abroad, emigration, medical treatment, studies, and business travel. Amounts exceeding this limit require Reserve Bank approval. Non-resident individuals may remit up to net salary. Corporate entities need approval for donations exceeding specified thresholds, agent commissions above USD 25,000, consultancy payments over USD 10 million for infrastructure projects, and pre-incorporation expense reimbursements exceeding five percent of investment.
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