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of <h1>RBI Issues Regulations for Permissible Capital Account Transactions Under FEMA 1999 to Manage Foreign Exchange</h1> The Reserve Bank of India, under the authority of the Foreign Exchange Management Act 1999, has issued the Foreign Exchange Management (Permissible Capital Account Transactions) Regulations, 2000. This regulation, published in the Official Gazette on May 5, 2000, outlines the permissible capital account transactions in consultation with the Central Government. The regulation is aimed at managing and overseeing foreign exchange transactions related to capital accounts in India.
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