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          FEMA

          What are the types of transactions permitted in SNRR A/c?

          Special Non-Resident Rupee Accounts - As on Nov 19, 2020

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          Special Non-Resident Rupee Account transactions allowed under specified AP(DIR) circular subject to FETERS reporting and FEMA compliance. Special Non-Resident Rupee Account may be used only for transactions permitted under the specified AP(DIR) circular, provided the transactions can be recorded and reported through FETERS and all other FEMA compliances are satisfied; Liberalized Remittance Scheme transactions are not to be routed through the account.
                            Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                              Provisions expressly mentioned in the judgment/order text.

                                  Special Non-Resident Rupee Account transactions allowed under specified AP(DIR) circular subject to FETERS reporting and FEMA compliance.

                                  Special Non-Resident Rupee Account may be used only for transactions permitted under the specified AP(DIR) circular, provided the transactions can be recorded and reported through FETERS and all other FEMA compliances are satisfied; Liberalized Remittance Scheme transactions are not to be routed through the account.


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