Introducing the “In Favour Of” filter in Case Laws.
- ⚖️ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- 🔍 Narrow down results with higher precision
Try it now in Case Laws →
TaxTMI Login
🚀 New Feature Launched ✕
Just a moment...
Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →
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 Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>RBI Liberalizes EEFC Account Scheme: Professionals and Export Units Can Retain 100% Foreign Exchange Earnings.</h1> The Reserve Bank of India (RBI) has liberalized the Exchange Earners' Foreign Currency (EEFC) Account Scheme, allowing individual professionals to retain up to 100% of their foreign exchange earnings in EEFC accounts. This applies to professionals such as lawyers, doctors, and consultants, among others. Additionally, Export Oriented Units (EOUs) and units in Export Processing Zones (EPZ), Software Technology Parks (STP), and Electronic Hardware Technology Parks (EHTP) can now credit up to 100% of their foreign exchange receipts to their EEFC accounts, an increase from the previous 70% limit. These changes aim to simplify procedures and support export-oriented activities.
TaxTMI 
TaxTMI 
