Current Account Transaction rules amended under FEMA; authorised dealer banks must notify constituents and comply with revised provisions. Government notification G.S.R. 512(E) dated July 28, 2005 amends the Current Account Transaction Rules under FEMA, 1999; AD Category I banks are instructed to inform constituents and customers of the amended provisions and to implement them. The circular's directions are issued under the statutory powers of FEMA and operate subject to any permissions or approvals required under other laws.
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Current Account Transaction rules amended under FEMA; authorised dealer banks must notify constituents and comply with revised provisions.
Government notification G.S.R. 512(E) dated July 28, 2005 amends the Current Account Transaction Rules under FEMA, 1999; AD Category I banks are instructed to inform constituents and customers of the amended provisions and to implement them. The circular's directions are issued under the statutory powers of FEMA and operate subject to any permissions or approvals required under other laws.
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