https://www.taxtmi.com/acts?id=20777 Authorised dealers may permit specified foreign persons and entities to maintain accounts for defined business, investment, trade-adjustment and derivative-margin purposes. Foreign-incorporated shipping and airline companies may use Foreign Currency Accounts for local expenses subject to restricted credits. Unincorporated joint ventures may maintain non-interest-bearing foreign currency and SNRR accounts for ordinary-course transactions during their contract or operating period. Non-residents may maintain accounts for import-export value adjustment and permitted derivative margin, while eligible foreign investors may maintain non-interest-bearing foreign-currency accounts for permitted investments. en-us Thu, 07 Apr 2016 12:01:37 +0530 Tue, 08 Sep 2026 16:25:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=20777 Authorised dealers may permit specified foreign persons and entities to maintain accounts for defined business, investment, trade-adjustment and derivative-margin purposes. Foreign-incorporated shipping and airline companies may use Foreign Currency Accounts for local expenses subject to restricted credits. Unincorporated joint ventures may maintain non-interest-bearing foreign currency and SNRR accounts for ordinary-course transactions during their contract or operating period. Non-residents may maintain accounts for import-export value adjustment and permitted derivative margin, while eligible foreign investors may maintain non-interest-bearing foreign-currency accounts for permitted investments. Act-Rules FEMA Thu, 07 Apr 2016 12:01:37 +0530 https://www.taxtmi.com/acts?id=20777