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of <h1>Certain Transactions Under Rule 4 of FEMA 2000 Require Government Approval for Foreign Exchange Activities</h1> Under Rule 4 of the Foreign Exchange Management (Current Account Transaction) Rules 2000, certain transactions require prior approval from the Government of India. These include cultural tours, foreign media advertisements exceeding $10,000 by state entities, freight remittances by public sector undertakings, import payments through ocean transport, and multimodal transport operator remittances. Other transactions needing approval include transponder hiring charges, container detention charges, sports sponsorships exceeding $100,000, and P&I Club memberships. Exceptions apply for payments from a Resident Foreign Currency Account. Each transaction type requires approval from specific government ministries or departments.
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