https://www.taxtmi.com/acts?id=2294 Regulation 5A permits a resident individual to open, hold and maintain a Resident Foreign Currency (Domestic) Account with an Authorised Dealer using specified foreign exchange receipts, including travel unspent balances, gifts, export earnings, royalties, disinvestment and insurance proceeds. Debits are restricted to current account transactions permitted under the Current Account Transactions Rules and permissible capital account transactions under FEMA regulations. The account is to be maintained as a non interest bearing current account and there is no limit on balances. en-us Sat, 19 Jan 2008 22:45:54 +0530 Wed, 25 Jun 2025 16:13:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=2294 Regulation 5A permits a resident individual to open, hold and maintain a Resident Foreign Currency (Domestic) Account with an Authorised Dealer using specified foreign exchange receipts, including travel unspent balances, gifts, export earnings, royalties, disinvestment and insurance proceeds. Debits are restricted to current account transactions permitted under the Current Account Transactions Rules and permissible capital account transactions under FEMA regulations. The account is to be maintained as a non interest bearing current account and there is no limit on balances. Act-Rules FEMA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=2294