https://www.taxtmi.com/notifications?id=6366 A new provision permits authorised dealers to remit foreign exchange abroad for payments connected to commodity derivative transactions, including option premiums payable by residents to non-residents, amounts incidental to commodity derivative contracts entered under regulation 6, and other remittances related to such contracts subject to regulatory approval. Schedule amendments create a forward-contract mechanism for hedging economic exposure, allowing residents to enter forward contracts with authorised dealers under regulator-prescribed terms, and permit cancellation and rebooking or rollover of forward contracts subject to regulatory conditions. en-us Mon, 17 Sep 2007 00:00:00 +0530 Thu, 19 Jun 2025 12:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=6366 A new provision permits authorised dealers to remit foreign exchange abroad for payments connected to commodity derivative transactions, including option premiums payable by residents to non-residents, amounts incidental to commodity derivative contracts entered under regulation 6, and other remittances related to such contracts subject to regulatory approval. Schedule amendments create a forward-contract mechanism for hedging economic exposure, allowing residents to enter forward contracts with authorised dealers under regulator-prescribed terms, and permit cancellation and rebooking or rollover of forward contracts subject to regulatory conditions. Notifications FEMA Mon, 17 Sep 2007 00:00:00 +0530 https://www.taxtmi.com/notifications?id=6366