https://www.taxtmi.com/acts?id=20308 Regulation 7 permits authorised persons to send foreign currency acquired in the normal course of business. Individuals may take or send abroad specified cheques, foreign exchange lawfully drawn from authorised persons, and permitted currency held in vessel or aircraft safes. It also permits export of lawfully possessed or retained unspent foreign exchange. Persons resident outside India may take out unspent foreign exchange up to the amount brought into India and declared on arrival. en-us Fri, 01 Jan 2016 17:36:54 +0530 Wed, 09 Sep 2026 16:15:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=20308 Regulation 7 permits authorised persons to send foreign currency acquired in the normal course of business. Individuals may take or send abroad specified cheques, foreign exchange lawfully drawn from authorised persons, and permitted currency held in vessel or aircraft safes. It also permits export of lawfully possessed or retained unspent foreign exchange. Persons resident outside India may take out unspent foreign exchange up to the amount brought into India and declared on arrival. Act-Rules FEMA Fri, 01 Jan 2016 17:36:54 +0530 https://www.taxtmi.com/acts?id=20308