https://www.taxtmi.com/circulars?id=54264 The Regulations define permissible foreign currency account types that a person resident in India may open or maintain with authorised dealers in India or outside India, specify eligibility categories (including exporters, SEZ units, project offices, ship manning agencies, organisers of international events and persons raising external commercial borrowings), set account forms and permitted credits/debits, prohibit credit facilities against certain balances, and require monthly conversion of accruals into rupees by the end of the succeeding calendar month unless used for approved purposes, with operational duties on Authorised Dealers and provisions for transfer of balances on change of residential status. en-us Thu, 04 Feb 2016 00:00:00 +0530 Thu, 04 Feb 2016 18:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=54264 The Regulations define permissible foreign currency account types that a person resident in India may open or maintain with authorised dealers in India or outside India, specify eligibility categories (including exporters, SEZ units, project offices, ship manning agencies, organisers of international events and persons raising external commercial borrowings), set account forms and permitted credits/debits, prohibit credit facilities against certain balances, and require monthly conversion of accruals into rupees by the end of the succeeding calendar month unless used for approved purposes, with operational duties on Authorised Dealers and provisions for transfer of balances on change of residential status. Circulars FEMA Thu, 04 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/circulars?id=54264