https://www.taxtmi.com/acts?id=2044 These Regulations define key terms for withdrawal of general permission to overseas entities: Overseas Corporate Body (OCB) means an entity that existed and immediately prior to commencement was eligible to transact under prior general permission; "Account" covers specified savings and deposit account types under NRE, FCNR B and NRO schemes; "Deposit" broadly includes money placed with banks, companies, firms, trusts or other persons; "Existing account" denotes accounts maintained at commencement and "Existing investment" denotes investments made under earlier general permission, with specific holding date tests for portfolio investments and other cases. en-us Sat, 19 Jan 2008 22:45:54 +0530 Tue, 17 Jun 2025 18:26:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=2044 These Regulations define key terms for withdrawal of general permission to overseas entities: Overseas Corporate Body (OCB) means an entity that existed and immediately prior to commencement was eligible to transact under prior general permission; "Account" covers specified savings and deposit account types under NRE, FCNR B and NRO schemes; "Deposit" broadly includes money placed with banks, companies, firms, trusts or other persons; "Existing account" denotes accounts maintained at commencement and "Existing investment" denotes investments made under earlier general permission, with specific holding date tests for portfolio investments and other cases. Act-Rules FEMA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=2044