https://www.taxtmi.com/manuals?id=2923 RBI delegates authority to Authorised Persons to deal in foreign exchange and foreign securities, specifying conditions and reserving power to revoke authorisations for contraventions or non compliance. Authorised Persons are classified by scope: Category I banking entities may perform all permissible current and capital account transactions; Category II entities handle specified non trade current account transactions and activities of Full Fledged Money Changers; Category III and FFMCs undertake foreign exchange transactions incidental to their business, including currency exchange for travel. en-us Sat, 24 Jun 2023 11:05:00 +0530 Tue, 17 Feb 2026 15:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=2923 RBI delegates authority to Authorised Persons to deal in foreign exchange and foreign securities, specifying conditions and reserving power to revoke authorisations for contraventions or non compliance. Authorised Persons are classified by scope: Category I banking entities may perform all permissible current and capital account transactions; Category II entities handle specified non trade current account transactions and activities of Full Fledged Money Changers; Category III and FFMCs undertake foreign exchange transactions incidental to their business, including currency exchange for travel. Manuals FEMA Sat, 24 Jun 2023 11:05:00 +0530 https://www.taxtmi.com/manuals?id=2923