https://www.taxtmi.com/acts?id=2169 Regulation 2 defines drawal, transferable development rights, and derivatives for permissible capital account transactions. Drawal includes foreign exchange obtained from an authorised person and the use of instruments, including letters of credit and international cards, that create foreign exchange liability. Transferable Development Rights are certificates issued for land surrendered without monetary compensation for public purposes. A derivative is a financial contract settled in the future whose value is derived from financial or non-financial variables. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 10 Sep 2026 13:29:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=2169 Regulation 2 defines drawal, transferable development rights, and derivatives for permissible capital account transactions. Drawal includes foreign exchange obtained from an authorised person and the use of instruments, including letters of credit and international cards, that create foreign exchange liability. Transferable Development Rights are certificates issued for land surrendered without monetary compensation for public purposes. A derivative is a financial contract settled in the future whose value is derived from financial or non-financial variables. Act-Rules FEMA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=2169