https://www.taxtmi.com/acts?id=2386 Foreign exchange derivative contracts derive value from specified currency or foreign-currency interest-rate movements and must settle after the spot settlement date; contracts involving Nepal or Bhutan currencies are excluded. Contracted and anticipated exposures identify currency risk arising from permissible current-account and capital-account transactions already entered into or proposed. Currency risk includes exchange-rate and foreign-currency interest-rate movements, while hedging means undertaking a foreign exchange derivative transaction to manage that risk. Exchange traded currency derivatives are standardised contracts traded on a recognised stock exchange for future currency purchase or sale at a contract-date price. en-us Sat, 19 Jan 2008 22:45:54 +0530 Fri, 11 Sep 2026 12:52:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=2386 Foreign exchange derivative contracts derive value from specified currency or foreign-currency interest-rate movements and must settle after the spot settlement date; contracts involving Nepal or Bhutan currencies are excluded. Contracted and anticipated exposures identify currency risk arising from permissible current-account and capital-account transactions already entered into or proposed. Currency risk includes exchange-rate and foreign-currency interest-rate movements, while hedging means undertaking a foreign exchange derivative transaction to manage that risk. Exchange traded currency derivatives are standardised contracts traded on a recognised stock exchange for future currency purchase or sale at a contract-date price. Act-Rules FEMA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=2386