https://www.taxtmi.com/acts?id=2119 Offshore Banking Units are permitted to conduct foreign exchange dealings only with authorised dealers in India and such dealings must be conducted on a principal-to-principal basis, restricting intermediary or agent-based currency dealings by Offshore Banking Units. en-us Sat, 19 Jan 2008 22:45:54 +0530 Wed, 18 Jun 2025 10:46:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=2119 Offshore Banking Units are permitted to conduct foreign exchange dealings only with authorised dealers in India and such dealings must be conducted on a principal-to-principal basis, restricting intermediary or agent-based currency dealings by Offshore Banking Units. Act-Rules FEMA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=2119