https://www.taxtmi.com/notifications?id=3723 The amendment requires that the EEFC Account be opened, held and maintained only as a non-interest bearing current account, and substitutes the Schedule's earlier retention ceilings-'up to 35 per cent' and 'up to 25 per cent'-with higher ceilings of 'up to 70 per cent' and 'up to 50 per cent', thereby modifying the permissible form and quantitative limits for foreign currency accounts by residents. en-us Fri, 17 Nov 2000 00:00:00 +0530 Thu, 26 Sep 2013 13:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=3723 The amendment requires that the EEFC Account be opened, held and maintained only as a non-interest bearing current account, and substitutes the Schedule's earlier retention ceilings-'up to 35 per cent' and 'up to 25 per cent'-with higher ceilings of 'up to 70 per cent' and 'up to 50 per cent', thereby modifying the permissible form and quantitative limits for foreign currency accounts by residents. Notifications FEMA Fri, 17 Nov 2000 00:00:00 +0530 https://www.taxtmi.com/notifications?id=3723