https://www.taxtmi.com/circulars?id=1868 Indian corporates with established track records may contribute funds from their foreign exchange earnings to set up chairs in educational institutions outside India, subject to Reserve Bank of India approval on a case-by-case basis. Authorised dealers must forward applications to the Chief General Manager, Exchange Control Department, including details of foreign exchange earnings for the last three years, a brief company background, particulars of the proposed chair, and likely benefits to the corporate. en-us Fri, 01 Mar 2002 00:00:00 +0530 Fri, 03 Oct 2008 13:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=1868 Indian corporates with established track records may contribute funds from their foreign exchange earnings to set up chairs in educational institutions outside India, subject to Reserve Bank of India approval on a case-by-case basis. Authorised dealers must forward applications to the Chief General Manager, Exchange Control Department, including details of foreign exchange earnings for the last three years, a brief company background, particulars of the proposed chair, and likely benefits to the corporate. Circulars FEMA Fri, 01 Mar 2002 00:00:00 +0530 https://www.taxtmi.com/circulars?id=1868