https://www.taxtmi.com/circulars?id=1977 Authorised dealers may open temporary foreign currency accounts for organisers of international seminars, conferences and conventions where the organiser has obtained prior approval from the concerned Administrative Ministry; permitted credits are inward remittances for registration fees, grants, sponsorships and donations, and permitted debits are payments to foreign invitees (travel, hotel, honoraria), refunds, bank charges and conversion into rupees. All other transactions require Reserve Bank approval and the account must be closed immediately after the event. en-us Thu, 20 Mar 2003 00:00:00 +0530 Mon, 06 Oct 2008 14:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=1977 Authorised dealers may open temporary foreign currency accounts for organisers of international seminars, conferences and conventions where the organiser has obtained prior approval from the concerned Administrative Ministry; permitted credits are inward remittances for registration fees, grants, sponsorships and donations, and permitted debits are payments to foreign invitees (travel, hotel, honoraria), refunds, bank charges and conversion into rupees. All other transactions require Reserve Bank approval and the account must be closed immediately after the event. Circulars FEMA Thu, 20 Mar 2003 00:00:00 +0530 https://www.taxtmi.com/circulars?id=1977