https://www.taxtmi.com/acts?id=1995 Capital account transactions alter cross-border assets or liabilities, including contingent liabilities, whereas current account transactions include ordinary business, trade, service, interest, investment-income and specified family-expense payments. Residence depends on physical presence in India, subject to employment, business and intention-based exclusions, and extends to specified entities and offices. Foreign exchange includes foreign currency, balances and specified instruments. Repatriation requires bringing realised foreign exchange into India through authorised sale, notified account retention, or discharge of a foreign-currency debt or liability. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 27 Aug 2026 14:49:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=1995 Capital account transactions alter cross-border assets or liabilities, including contingent liabilities, whereas current account transactions include ordinary business, trade, service, interest, investment-income and specified family-expense payments. Residence depends on physical presence in India, subject to employment, business and intention-based exclusions, and extends to specified entities and offices. Foreign exchange includes foreign currency, balances and specified instruments. Repatriation requires bringing realised foreign exchange into India through authorised sale, notified account retention, or discharge of a foreign-currency debt or liability. Act-Rules FEMA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=1995