TaxTMI Login
Just a moment...
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 Manuals
of of All Manuals
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Entities Must Surrender Unused Foreign Exchange Within Set Timeframes Per Foreign Exchange Management Regulations, 2015</h1> Foreign exchange acquired by entities other than individual residents in India must be surrendered to an authorized person within specified timeframes. For non-travel purposes, it must be surrendered within 60 days of acquisition if not used for permissible purposes. For travel-related foreign exchange, unspent currency must be surrendered within 90 days of returning to India, or 180 days if in travelers' cheques. Realized foreign exchange must be sold to an authorized person within 7 days for services, obligations, income, inheritance, or gifts, and within 90 days for other cases, as per the Foreign Exchange Management Regulations, 2015.
TaxTMI 
