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    <title>Foreign Exchange Management Act (FEMA), 1999 Current Account Transaction Rules –Amendment</title>
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    <description>Government notification G.S.R. 512(E) dated July 28, 2005 amends the Current Account Transaction Rules under FEMA, 1999; AD Category I banks are instructed to inform constituents and customers of the amended provisions and to implement them. The circular&#039;s directions are issued under the statutory powers of FEMA and operate subject to any permissions or approvals required under other laws.</description>
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