https://www.taxtmi.com/acts?id=2137 Drawals from funds held in an Exchange Earners' Foreign Currency (EEFC) account are exempt from restrictions applicable to current-account foreign-exchange transactions. Restrictions continue, however, where EEFC-account drawals are made for purposes listed in items 10 and 11 of Schedule II or items 3, 4, 11, 16 and 17 of Schedule III. en-us Sat, 19 Jan 2008 22:45:54 +0530 Wed, 02 Sep 2026 14:32:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=2137 Drawals from funds held in an Exchange Earners' Foreign Currency (EEFC) account are exempt from restrictions applicable to current-account foreign-exchange transactions. Restrictions continue, however, where EEFC-account drawals are made for purposes listed in items 10 and 11 of Schedule II or items 3, 4, 11, 16 and 17 of Schedule III. Act-Rules FEMA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=2137