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of <h1>RBI Issues Regulations on Foreign Exchange Realization, Repatriation, and Surrender under FEMA, 1999.</h1> The Reserve Bank of India issued the Foreign Exchange Management (Realisation, Repatriation and Surrender of Foreign Exchange) Regulations, 2000, under the Foreign Exchange Management Act, 1999. These regulations outline the procedures and timelines for the realization of foreign exchange, its repatriation to India, and subsequent surrender. The notification was published in the Official Gazette on May 5, 2000, under G.S.R. No. 392(E). The regulations are enacted under the authority granted by specific sections of the Foreign Exchange Management Act, 1999.
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