https://www.taxtmi.com/notifications?id=7799 The amendment adds a definition of Currency Futures as a standardised foreign exchange derivative contract traded on a recognized stock exchange, excluding forward contracts, and inserts currency futures into the scope of foreign exchange derivative contracts. It further permits persons resident in India to enter into currency futures on recognized stock exchanges to hedge exposures or otherwise, subject to terms and conditions specified in directions issued by the Reserve Bank of India. en-us Fri, 01 Aug 2008 00:00:00 +0530 Sat, 04 Oct 2008 14:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=7799 The amendment adds a definition of Currency Futures as a standardised foreign exchange derivative contract traded on a recognized stock exchange, excluding forward contracts, and inserts currency futures into the scope of foreign exchange derivative contracts. It further permits persons resident in India to enter into currency futures on recognized stock exchanges to hedge exposures or otherwise, subject to terms and conditions specified in directions issued by the Reserve Bank of India. Notifications FEMA Fri, 01 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/notifications?id=7799