https://www.taxtmi.com/notifications?id=117769 Amendment permits a resident individual to draw foreign exchange from an authorized person up to the limit determined by the Reserve Bank for a financial year for specified capital account transactions in Schedule I, subsuming certain current account drawals within that limit; if drawals exceed the annual limit, the transaction-specific regulatory limit applies to the excess, and no part of the permitted drawal may be used for remittances to jurisdictions designated non-cooperative by the Financial Action Task Force. en-us Tue, 26 May 2015 00:00:00 +0530 Fri, 29 May 2015 20:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=117769 Amendment permits a resident individual to draw foreign exchange from an authorized person up to the limit determined by the Reserve Bank for a financial year for specified capital account transactions in Schedule I, subsuming certain current account drawals within that limit; if drawals exceed the annual limit, the transaction-specific regulatory limit applies to the excess, and no part of the permitted drawal may be used for remittances to jurisdictions designated non-cooperative by the Financial Action Task Force. Notifications FEMA Tue, 26 May 2015 00:00:00 +0530 https://www.taxtmi.com/notifications?id=117769