Capital account transactions permit foreign exchange for specified classes subject to prescribed limits and conditions.

Section 6 permits sale or drawing of foreign exchange for capital account transactions subject to classes, monetary limits and conditions prescribed by the Reserve Bank and Central Government. Under section 6(2A) and related rules, the Central Government in consultation with the Reserve Bank may specify permissible non-debt classes of capital account transactions, the admissible foreign exchange limits, and conditions; enumerated non-debt instruments include equity investments, capital participation in LLPs, specified investment instruments and pooled vehicle units, equity tranches of securitisations, immovable property dealings, trust contributions, and depository receipts.

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