https://www.taxtmi.com/circulars?id=54187 Foreign currency accounts of persons resident in India are governed by account-specific eligibility, permitted credits and debits, conversion, repatriation, and authorised-dealer conditions. EEFC, RFC, RFC(D), Diamond Dollar, project-office, SEZ, and other operational accounts may be maintained only for defined purposes. Residents may also open overseas accounts for prescribed business, study, travel, export, investment, and remittance purposes, subject to applicable repatriation requirements. NRE, FCNR(B), NRO, and SNRR accounts regulate non-resident deposits and rupee transactions, including joint holding, loans, redesignation, tax compliance, and permitted repatriation. en-us Fri, 01 Jan 2016 00:00:00 +0530 Mon, 07 Sep 2026 16:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=54187 Foreign currency accounts of persons resident in India are governed by account-specific eligibility, permitted credits and debits, conversion, repatriation, and authorised-dealer conditions. EEFC, RFC, RFC(D), Diamond Dollar, project-office, SEZ, and other operational accounts may be maintained only for defined purposes. Residents may also open overseas accounts for prescribed business, study, travel, export, investment, and remittance purposes, subject to applicable repatriation requirements. NRE, FCNR(B), NRO, and SNRR accounts regulate non-resident deposits and rupee transactions, including joint holding, loans, redesignation, tax compliance, and permitted repatriation. Circulars FEMA Fri, 01 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/circulars?id=54187