https://www.taxtmi.com/notifications?id=132213 Persons resident in India and outside India may enter into foreign exchange derivative contracts with an authorised dealer, subject to conditions for Rupee-related contracts. Such contracts must generally hedge contracted or anticipated exposure arising from permissible transactions, and participants must provide exposure details when requested. Exchange-traded currency derivative contracts on recognised exchanges must hedge contracted exposure, with an authorised dealer in India designated to monitor positions beyond prescribed limits. Rupee transactions settled by delivery of foreign currency are restricted to authorised dealers, persons resident outside India, and other permitted persons. en-us Tue, 18 Feb 2020 00:00:00 +0530 Fri, 11 Sep 2026 13:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=132213 Persons resident in India and outside India may enter into foreign exchange derivative contracts with an authorised dealer, subject to conditions for Rupee-related contracts. Such contracts must generally hedge contracted or anticipated exposure arising from permissible transactions, and participants must provide exposure details when requested. Exchange-traded currency derivative contracts on recognised exchanges must hedge contracted exposure, with an authorised dealer in India designated to monitor positions beyond prescribed limits. Rupee transactions settled by delivery of foreign currency are restricted to authorised dealers, persons resident outside India, and other permitted persons. Notifications FEMA Tue, 18 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/notifications?id=132213