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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>Special Economic Zone units can maintain foreign currency accounts with authorized dealers under specific conditions</h1> Units in Special Economic Zones may open and maintain foreign currency accounts with authorized dealers in India under specific conditions. All foreign exchange received must be credited to the account, while rupee-purchased foreign exchange requires prior Reserve Bank permission. Funds must be used for legitimate trade transactions with Indian residents or other purposes. Account balances are exempt from certain restrictions except specified items. The funds cannot be lent to any Indian resident entity outside Special Economic Zones.