https://www.taxtmi.com/circulars?id=55213 Foreign passport holders may exchange foreign currency for Indian currency notes up to a prescribed weekly cap subject to submission of a self-declaration that the facility has not been used that week; the Authorized Person must record passport details, retain the declaration, ensure the weekly cap is not exceeded, and inform constituents. Existing instructions on issuance of prepaid instruments by Authorised Dealer Category I banks continue; directions are issued under FEMA and do not affect other statutory permissions. en-us Fri, 25 Nov 2016 00:00:00 +0530 Sat, 26 Nov 2016 09:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=55213 Foreign passport holders may exchange foreign currency for Indian currency notes up to a prescribed weekly cap subject to submission of a self-declaration that the facility has not been used that week; the Authorized Person must record passport details, retain the declaration, ensure the weekly cap is not exceeded, and inform constituents. Existing instructions on issuance of prepaid instruments by Authorised Dealer Category I banks continue; directions are issued under FEMA and do not affect other statutory permissions. Circulars FEMA Fri, 25 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/circulars?id=55213