https://www.taxtmi.com/circulars?id=1837 Amendment to the Current Account Transactions Rules tightens prior approval requirements and extends applicability of restrictions to remittances made from EEFC accounts. State Government advertising abroad (except specified purposes) now needs Ministry of Finance (DEA) approval. Gift and donation remittances above annual ceilings, certain commissions, trademark/franchise payments, consultancy fees above project thresholds and reimbursement of pre incorporation expenses require prior Reserve Bank approval. Authorised dealers must ensure compliance; circular issued under Sections 10(4) and 11(1) of FEMA, 1999. en-us Sat, 31 Mar 2001 00:00:00 +0530 Fri, 03 Oct 2008 12:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=1837 Amendment to the Current Account Transactions Rules tightens prior approval requirements and extends applicability of restrictions to remittances made from EEFC accounts. State Government advertising abroad (except specified purposes) now needs Ministry of Finance (DEA) approval. Gift and donation remittances above annual ceilings, certain commissions, trademark/franchise payments, consultancy fees above project thresholds and reimbursement of pre incorporation expenses require prior Reserve Bank approval. Authorised dealers must ensure compliance; circular issued under Sections 10(4) and 11(1) of FEMA, 1999. Circulars FEMA Sat, 31 Mar 2001 00:00:00 +0530 https://www.taxtmi.com/circulars?id=1837