https://www.taxtmi.com/acts?id=2136 Foreign exchange drawals for transactions included in Schedule III are governed by the conditions specified in that Schedule. Payments made from funds held in the remitter's Resident Foreign Currency Account are excluded from this approval framework. The operative provision was recast from a blanket prohibition on Schedule III drawals without prior Reserve Bank approval to a framework under which each drawal is governed by the applicable Schedule III requirements. en-us Sat, 19 Jan 2008 22:45:54 +0530 Wed, 02 Sep 2026 14:28:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=2136 Foreign exchange drawals for transactions included in Schedule III are governed by the conditions specified in that Schedule. Payments made from funds held in the remitter's Resident Foreign Currency Account are excluded from this approval framework. The operative provision was recast from a blanket prohibition on Schedule III drawals without prior Reserve Bank approval to a framework under which each drawal is governed by the applicable Schedule III requirements. Act-Rules FEMA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=2136