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    <title>Foreign Exchange Management (Foreign Currency Accounts by a Person Resident in India) (First Amendment) Regulations, 2004</title>
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    <description>Proceeds of life insurance claims, maturity payments or surrender values payable in foreign currency by an Indian insurer authorised to undertake life insurance business may be credited to the beneficiary&#039;s Resident Foreign Currency (RFC) Account or Resident Foreign Currency (Domestic) [RFC(D)] Account, and authorised dealers are instructed to accept such credits following the regulatory amendment.</description>
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