https://www.taxtmi.com/circulars?id=12046 Two items in Part (B) of Annex I to the A.P. (DIR Series) Circular No. 28 are modified: Vostro accounts may be used for payments to Indian medical institutions and hospitals for treatment of NRIs/their dependents and nationals of Gulf countries, Hong Kong, Singapore and Malaysia; and for payments to hotels by nationals of those jurisdictions and by NRIs for their stay. All other instructions in the referenced circular remain unchanged, and AD Category I banks must inform their constituents. Directions are issued under the Foreign Exchange Management Act, 1999. en-us Thu, 24 Jan 2013 00:00:00 +0530 Fri, 25 Jan 2013 09:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=12046 Two items in Part (B) of Annex I to the A.P. (DIR Series) Circular No. 28 are modified: Vostro accounts may be used for payments to Indian medical institutions and hospitals for treatment of NRIs/their dependents and nationals of Gulf countries, Hong Kong, Singapore and Malaysia; and for payments to hotels by nationals of those jurisdictions and by NRIs for their stay. All other instructions in the referenced circular remain unchanged, and AD Category I banks must inform their constituents. Directions are issued under the Foreign Exchange Management Act, 1999. Circulars FEMA Thu, 24 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/circulars?id=12046