https://www.taxtmi.com/notifications?id=116937 Resident individuals may draw foreign exchange for Schedule I capital account transactions within an annual limit of USD 125,000 or a revised prescribed amount. Gift and donation remittances within specified current account transaction categories are subsumed within that limit. Drawals exceeding the annual limit remain subject to transaction-specific limits. Foreign exchange drawn under the annual limit cannot be used, directly or indirectly, for remittances to Financial Action Task Force-identified non-cooperative countries or territories. en-us Tue, 24 Jun 2014 00:00:00 +0530 Thu, 10 Sep 2026 16:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=116937 Resident individuals may draw foreign exchange for Schedule I capital account transactions within an annual limit of USD 125,000 or a revised prescribed amount. Gift and donation remittances within specified current account transaction categories are subsumed within that limit. Drawals exceeding the annual limit remain subject to transaction-specific limits. Foreign exchange drawn under the annual limit cannot be used, directly or indirectly, for remittances to Financial Action Task Force-identified non-cooperative countries or territories. Notifications FEMA Tue, 24 Jun 2014 00:00:00 +0530 https://www.taxtmi.com/notifications?id=116937