https://www.taxtmi.com/manuals?id=764 Exchange Earners' Foreign Currency (EEFC) account is a non interest bearing current account for residents to deposit permissible foreign exchange earnings, including inward remittances, export receipts, professional earnings, re credits and certain repayments; credits via international credit card reimbursement are allowed. Debits may be made for permitted current and capital account transactions, payments to specified export oriented units, trade related loans to overseas importers, and payments in foreign exchange to residents for goods/services. Rupee withdrawals are permitted but withdrawn amounts cannot be reconverted to foreign currency for re credit to the EEFC account. en-us Sun, 15 Sep 2013 15:13:00 +0530 Sun, 15 Sep 2013 15:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=764 Exchange Earners' Foreign Currency (EEFC) account is a non interest bearing current account for residents to deposit permissible foreign exchange earnings, including inward remittances, export receipts, professional earnings, re credits and certain repayments; credits via international credit card reimbursement are allowed. Debits may be made for permitted current and capital account transactions, payments to specified export oriented units, trade related loans to overseas importers, and payments in foreign exchange to residents for goods/services. Rupee withdrawals are permitted but withdrawn amounts cannot be reconverted to foreign currency for re credit to the EEFC account. Manuals FEMA Sun, 15 Sep 2013 15:13:00 +0530 https://www.taxtmi.com/manuals?id=764