https://www.taxtmi.com/acts?id=2305 A person resident in India but not permanently resident may possess without limit foreign currency in the form of currency notes, bank notes and travellers cheques if such currency was acquired, held or owned when resident outside India and has been brought into India in accordance with regulations; not permanently resident covers persons in India for specified-duration employment or a specific assignment not exceeding three years. en-us Sat, 19 Jan 2008 22:45:54 +0530 Wed, 25 Jun 2025 15:19:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=2305 A person resident in India but not permanently resident may possess without limit foreign currency in the form of currency notes, bank notes and travellers cheques if such currency was acquired, held or owned when resident outside India and has been brought into India in accordance with regulations; not permanently resident covers persons in India for specified-duration employment or a specific assignment not exceeding three years. Act-Rules FEMA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=2305