Use of International Debit Cards/ Store Value Cards/Charge Cards/Smart Cards by resident Indians while on a visit outside India

Use of International Debit Cards/ Store Value Cards/Charge Cards/Smart Cards by resident Indians while on a visit outside India https://www.taxtmi.com/circulars?id=8448 Banks authorised to deal in foreign exchange are directed to discontinue the annual submission of statements reporting aggregate foreign exchange utilization by holders of international debit, store value, charge and smart cards that previously triggered a reporting threshold, with all other instructions of the earlier circular remaining in force; the direction is issued under the Foreign Exchange Management Act and is without prejudice to permissions under other laws. en-us Wed, 22 Dec 2010 00:00:00 +0530 Fri, 24 Dec 2010 17:06:00 +0530 TaxTMI RSS Generator Use of International Debit Cards/ Store Value Cards/Charge Cards/Smart Cards by resident Indians while on a visit outside India https://www.taxtmi.com/circulars?id=8448 Banks authorised to deal in foreign exchange are directed to discontinue the annual submission of statements reporting aggregate foreign exchange utilization by holders of international debit, store value, charge and smart cards that previously triggered a reporting threshold, with all other instructions of the earlier circular remaining in force; the direction is issued under the Foreign Exchange Management Act and is without prejudice to permissions under other laws. Circulars FEMA Wed, 22 Dec 2010 00:00:00 +0530 https://www.taxtmi.com/circulars?id=8448