https://www.taxtmi.com/circulars?id=11467 The circular removes the requirement to demonstrate increased outreach and locational advantage when assessing applications for fresh Full Fledged Money Changer (FFMC) licences, granting Authorised Persons greater flexibility in selecting branch locations, while all other instructions in the earlier Circular No.57 remain unchanged and the direction is issued under the Foreign Exchange Management Act. en-us Mon, 30 Jan 2012 00:00:00 +0530 Mon, 30 Jan 2012 17:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=11467 The circular removes the requirement to demonstrate increased outreach and locational advantage when assessing applications for fresh Full Fledged Money Changer (FFMC) licences, granting Authorised Persons greater flexibility in selecting branch locations, while all other instructions in the earlier Circular No.57 remain unchanged and the direction is issued under the Foreign Exchange Management Act. Circulars FEMA Mon, 30 Jan 2012 00:00:00 +0530 https://www.taxtmi.com/circulars?id=11467