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    <description>A new sub regulation permits a foreign national resident in India deputed by a foreign company to open and maintain a foreign currency account abroad and receive salary for services rendered in India credited thereto, subject to conditions that no more than 75 per cent of the salary be credited to such account, the remainder be paid in rupees in India, and income tax under the Income Tax Act, 1961 be paid on the entire salary as accrued in India.</description>
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