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 Notifications
of of All Notifications
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>RBI Amends Forex Derivative Regulations: Rupee Contracts Can't Be Re-Booked Post-Cancellation, Export Contracts Get Flexibility.</h1> The Reserve Bank of India issued amendments to the Foreign Exchange Management (Foreign Exchange Derivative Contracts) Regulations, 2000, under the Foreign Exchange Management Act, 1999. The amendments, effective from their publication date in the official Gazette, modify item (h) of paragraph A.1 of Schedule 1. The key change states that contracts involving the rupee cannot be re-booked once canceled, unless permitted by the Reserve Bank, though they can be rolled over at ongoing rates before maturity. However, contracts related to export transactions can be canceled, re-booked, or rolled over at ongoing rates without restrictions.
TaxTMI 
TaxTMI 
