https://www.taxtmi.com/notifications?id=117769 Resident individuals may draw foreign exchange through an authorised person up to USD 250,000 per financial year for specified capital account transactions, subject to applicable foreign exchange law and regulatory directions. Relevant current account drawals are included within this annual limit. Where a capital account drawal exceeds the annual limit, the transaction-specific regulatory limit applies to the excess. The permitted foreign exchange cannot be used directly or indirectly for remittances to Financial Action Task Force-notified non-cooperative countries and territories. en-us Tue, 26 May 2015 00:00:00 +0530 Thu, 10 Sep 2026 17:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=117769 Resident individuals may draw foreign exchange through an authorised person up to USD 250,000 per financial year for specified capital account transactions, subject to applicable foreign exchange law and regulatory directions. Relevant current account drawals are included within this annual limit. Where a capital account drawal exceeds the annual limit, the transaction-specific regulatory limit applies to the excess. The permitted foreign exchange cannot be used directly or indirectly for remittances to Financial Action Task Force-notified non-cooperative countries and territories. Notifications FEMA Tue, 26 May 2015 00:00:00 +0530 https://www.taxtmi.com/notifications?id=117769