https://www.taxtmi.com/notifications?id=22789 Authorized dealers, subject to Reserve Bank directions, may allow Project Offices set up in India by foreign companies to open, hold and maintain non-interest bearing foreign currency accounts in India for projects to be executed in India; this provision is deemed effective from May 17, 2005. The phrase "one or more foreign currency accounts" replaces "foreign currency account," permitting multiple accounts, deemed effective from July 31, 2008. en-us Mon, 05 Apr 2010 00:00:00 +0530 Fri, 23 Apr 2010 17:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=22789 Authorized dealers, subject to Reserve Bank directions, may allow Project Offices set up in India by foreign companies to open, hold and maintain non-interest bearing foreign currency accounts in India for projects to be executed in India; this provision is deemed effective from May 17, 2005. The phrase "one or more foreign currency accounts" replaces "foreign currency account," permitting multiple accounts, deemed effective from July 31, 2008. Notifications FEMA Mon, 05 Apr 2010 00:00:00 +0530 https://www.taxtmi.com/notifications?id=22789