https://www.taxtmi.com/circulars?id=1836 Regulatory amendments under FEMA revise EEFC account treatment-prohibiting credit facilities against balances, disallowing term deposits, requiring non interest current accounts and resetting eligible credit limits for export and other units-while enabling SEZ units to credit full foreign receipts. The changes clarify guarantee discharge and repayment to non resident guarantors' foreign or non resident rupee accounts up to the rupee equivalent paid, restrict foreign investment in print media, permit specified foreign employee foreign bank accounts with salary and tax conditions, authorize hedging for crude importers, amend export repatriation and documentation, and empower the Reserve Bank to permit currency movement beyond existing thresholds. en-us Fri, 30 Mar 2001 00:00:00 +0530 Fri, 03 Oct 2008 12:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=1836 Regulatory amendments under FEMA revise EEFC account treatment-prohibiting credit facilities against balances, disallowing term deposits, requiring non interest current accounts and resetting eligible credit limits for export and other units-while enabling SEZ units to credit full foreign receipts. The changes clarify guarantee discharge and repayment to non resident guarantors' foreign or non resident rupee accounts up to the rupee equivalent paid, restrict foreign investment in print media, permit specified foreign employee foreign bank accounts with salary and tax conditions, authorize hedging for crude importers, amend export repatriation and documentation, and empower the Reserve Bank to permit currency movement beyond existing thresholds. Circulars FEMA Fri, 30 Mar 2001 00:00:00 +0530 https://www.taxtmi.com/circulars?id=1836