Foreign Exchange Management (Foreign Currency Accounts by a Person Resident in India) (Sixth Amendment) Regulations, 2025 - F. No. FEMA 10 (R)(6)/2025-RB - Foreign Exchange Management

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Foreign currency account duration extended for Diamond Dollar accounts, increasing the required period in the application form. The Reserve Bank of India amends Schedule II of the principal regulations by substituting the words and figures '2 Years' with the words 'Three Years' in the first paragraph of the Annex titled 'Application For Opening Diamond Dollar Account/s', effective from publication in the Official Gazette.

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Provisions expressly mentioned in the judgment/order text.

Foreign currency account duration extended for Diamond Dollar accounts, increasing the required period in the application form.

The Reserve Bank of India amends Schedule II of the principal regulations by substituting the words and figures "2 Years" with the words "Three Years" in the first paragraph of the Annex titled 'Application For Opening Diamond Dollar Account/s', effective from publication in the Official Gazette.

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Foreign Exchange Management (Foreign Currency Accounts by a Person Resident in India) (Sixth Amendment) Regulations, 2025 - F. No. FEMA 10 (R)(6)/2025-RB - Foreign Exchange Management

Foreign currency account duration extended for Diamond Dollar accounts, increasing the required period in the application form.

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Foreign Exchange Management (Foreign Currency Accounts by a Person Resident in India) (Sixth Amendment) Regulations, 2025 - F. No. FEMA 10 (R)(6)/2025-RB - Foreign Exchange Management

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Foreign currency account duration extended for Diamond Dollar accounts, increasing the required period in the application form.

Topics